The Firm represented PPL Montana, LLC, based in Montana, a subsidiary of PPL Corporation, in an agreement to sell its hydroelectric facilities to NorthWestern Corporation for $900 million.
Tags: Simpson Thacher & Bartlett LLP | New York
Monthly Archives: September 2013
Haynes and Boone Welcomes Assistant U.S. Attorney Sean McKenna
Sean McKenna, a veteran lawyer with almost 15 years of health care experience, has joined Haynes and Boone, LLP as a partner in the firm’s White Collar Defense Practice Group, where his practice will focus on defense of health care fraud and abuse, white collar, and health care regulatory matters.
Tags: Haynes and Boone, LLP | Dallas
Willkie Advises on Stryker’s $1.65 Billion Acquisition of Mako Surgical
On September 25, it was announced that medial device maker Stryker Corporation agreed to acquire all of the outstanding shares of MAKO Surgical Corp. for $30.00 per share in cash, an aggregate purchase price of approximately $1.65 billion. Willkie represented Citigroup Inc., Stryker’s financial adviser, in the transaction.
Tags: Willkie Farr & Gallagher LLP | New YorkWillkie Represents Ventas in $850 Million Notes Offering
On September 26, Willkie client Ventas, Inc. closed on its public offering of $550 million aggregate principal amount of 1.55% Senior Notes due 2016 and $300 million aggregate principal amount of 5.70% Senior Notes due 2043. The Notes were issued by the company’s operating partnership, Ventas Realty, Limited Partnership. Louisville, Ky.-based Ventas has a diverse portfolio of more than 1400 assets in 47 states (including the District of Columbia) and two Canadian provinces, consisting of seniors housing communities, skilled nursing facilities, hospitals, medical office buildings and other properties. In 2012, Willkie advised Ventas in several notes offering with a combined value of $1.8 billion.
Tags: Willkie Farr & Gallagher LLP | New York
Greenberg Traurig Strengthens Government Law & Policy Practice with Addition of Shareholder Jonathan P. Leleu
The international law firm Greenberg Traurig, LLP announced that Jonathan P. Leleu has joined its Las Vegas office as a shareholder in the Government Law & Policy Practice. Prior to joining the firm, Leleu was in-house counsel for International Market Centers, L.P., a tradeshow facility company co-located in Las Vegas, Nevada and High Point, North Carolina.
Tags: Greenberg Traurig LLP
Paul Hastings Represents Shuanghui International in Successful US$7.1 Billion Transaction with Smithfield Foods
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Shuanghui International Holdings Limited (“Shuanghui International”), the owner of China’s largest publicly-traded meat processing enterprise, in the successful completion of its US$7.1 billion acquisition of Smithfield Foods, Inc. (NYSE: SFD). Smithfield’s shareholders approved the merger on September 24 and the transaction closed on September 26, 2013.
Tags: Paul Hastings LLP | Hong KongSimpson Thacher Represents KKR in the Acquisition of Panasonic Healthcare
Simpson Thacher is representing Kohlberg Kravis & Roberts & Co. L.P. in its acquisition of an interest in Panasonic Healthcare Co., Ltd. of Japan, a subsidiary of Panasonic Corporation. The transaction was announced on September 27, 2013. A newly formed holding company will acquire Panasonic Healthcare for an equity value of approximately ¥165 billion (US$1.67 billion). KKR will have an 80% interest in the holding company and Panasonic Corporation a 20% interest. The transaction, which is subject to regulatory approvals and other customary closing conditions, is expected to close by the end of March 2014.
Tags: Simpson Thacher & Bartlett LLP | Tokyo
Renée Brosseau Joins Dentons Canada LLP
Dentons Canada LLP is pleased to announce that Renée Brosseau, an insolvency lawyer with a results-driven litigation practice, has joined the firm as a partner in the Toronto office.
Tags: Dentons
Cahill Represents Underwriters in $850 Million Public Offering by Ventas Realty
Cahill represented the joint book-running managers and co-managers in connection with the public offering of $850,000,000 in senior unsecured notes, comprised of $550,000,000 aggregate principal amount of 1.55% Senior Notes due 2016 and $300,000,000 aggregate principal amount of 5.70% Senior Notes due 2043 by Ventas Realty, Limited Partnership, a leading healthcare real estate investment trust.
Tags: Cahill Gordon & Reindel LLP | New York
Patton Boggs Expands Corporate Finance Team in Dallas
Patton Boggs LLP today announced additions to the firm’s Corporate Finance practice that will enhance its existing bench of attorneys in this key area. Gina E. Betts, former partner and chair of the Private Equity practice group in the Dallas office of Locke Lord, has joined Patton Boggs. Ms. Betts is joined by Brad E. Hogan, formerly an associate in the Dallas office of Baker & McKenzie, where he counseled clients in the areas of mergers and acquisitions, securities and corporate governance.
Tags: Squire Patton Boggs | Dallas