Davis Polk is advising Citigroup as financial adviser to Hindustan Unilever Limited in connection with the $5.4 billion open offer by Unilever PLC and Unilever NV for up to 75% of the shares in Hindustan Unilever Limited. The transaction is expected to close in July of 2013.
Tags: Davis Polk & Wardwell | Hong KongDavis Polk advised Merrill, Lynch, Pierce, Fenner & Smith Incorporated as the initial purchaser in a Rule 144A/Regulation S add-on offering by AK Steel Corporation, a wholly owned subsidiary of AK Steel Holding Corporation, of $30 million aggregate principal amount of 8.750% senior notes due 2018. The add-on notes form part of the same series as the existing $350 million aggregate principal amount of 8.750% senior notes due 2018 previously issued by AK Steel Corporation. The notes are guaranteed on a senior unsecured basis by AK Steel Holding Corporation.
Tags: Davis Polk & Wardwell | New York
The Raleigh office of global law firm K&L Gates LLP welcomes David C. Lindsay as a partner in the labor, employment and workplace safety practice. Lindsay joins from Kilpatrick Townsend & Stockton LLP.
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Global law firm White & Case LLP has advised BNP Paribas, which acted as lender, arranger, facility agent and security agent, on the amend-and-extend transaction which refinanced Elis’ debt of €1.897 billion.
Tags: White & Case LLP
Barnes & Thornburg LLP announced today that partner Jennifer Moseley and of counsel attorney Roslyn Falk have joined the firm’s Atlanta office as members of the Corporate Department.
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International law firm Simmons & Simmons has advised ONGC Videsh Limited (“OVL”) and Oil India Limited (“OIL”) on the US$2.475 billion acquisition of Videocon Rovuma 1 Limited, the company holding a ten percent participating interest in the Rovuma Offshore Block in Mozambique (“Area 1”), from Videocon Mauritius Energy Limited.
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Herbert Smith Freehills has advised Mandated Lead Arranger and Bookrunner, National Australia Bank Limited, and Mandated Lead Arrangers Bank of China Limited, Bank of Communications Co. Ltd., China Construction Bank Corporation and Industrial and Commercial Bank of China Limited to achieve financial close of the AU$247.2 million construction and term facilities limited recourse project financing for the 165.5MW Gullen Range Wind Farm near Goulburn, New South Wales in Australia.
Tags: Herbert Smith Freehills LLP
Mark D. Kleinlein and Christopher D. Rowlett have joined Honigman Miller Schwartz and Cohn LLP as partners in the firm. Kleinlein is a member of Honigman’s Insurance Department and Rowlett is a member of the firm’s Labor and Employment Department. Both will be located in Honigman’s Detroit office.
Tags: Honigman LLP
Ilan Rosenberg has joined the Philadelphia office of Gordon & Rees as a partner. He is a member of Gordon & Rees’s Insurance, Commercial Litigation, and International Practice Groups.
Tags: Gordon Rees Scully Mansukhani, LLP
Squire Sanders has advised ITOCHU Corporation and Mitsui & Co on the acquisition of interests in BHP Iron Ore (Jimblebar) Pty.Ltd., which is developing the Jimblebar Iron Ore mine in Western Australia, part of the Iron Ore business of mining company, BHP Billiton. ITOCHU and Mitsui will invest US$0.8 billion and US$0.7 billion respectively, representing an 8 per cent and 7 per cent interest in the Jimblebar mining hub and resource. The transaction is subject to Australian Foreign Investment Review Board approval and is expected to complete in September 2013.
Tags: Squire Patton Boggs