Shearman & Sterling advised J.P. Morgan Securities LLC, RBS Securities Inc., Merrill Lynch, Pierce Fenner & Smith Incorporated, Standard Chartered Bank and Wells Fargo Securities as joint lead arrangers and joint bookmanagers in connection with a $2.26 billion five-year senior secured revolving credit facility related to the acquisition of Molex Incorporated by a company controlled by Koch Holdings LLC.
Tags: Shearman & Sterling LLP
The Firm is representing KKR & Co. L.P. (NYSE: KKR) in connection with the signing of a definitive merger agreement where KKR will acquire KKR Financial Holdings LLC (NYSE: KFN), a specialty finance company, through a stock-for-stock merger that values KFN at $2.6 billion. The transaction is subject to customary regulatory approvals and other customary closing conditions, including approval by KFN’s shareholders. Upon closing of the transaction, which is expected in the first half of 2014, KFN will become a subsidiary of KKR.
Tags: Simpson Thacher & Bartlett LLP
It was recently announced that Tampa-based asset manager, mortgage servicer and originator Walter Investment Management Corp. entered into a definitive agreement with a large national depository to acquire a pool of Fannie Mae-backed mortgage servicing rights with an aggregate unpaid principal balance of $30 billion. The acquisition is part of Walter’s previously announced plan to acquire MSRs having an aggregate unpaid principal balance of approximately $62 billion.
Tags: Willkie Farr & Gallagher LLPA New York federal judge on Friday approved a proposed $7.25 billion antitrust settlement — believed to be the largest antitrust settlement ever — over Visa Inc. and MasterCard Inc.’s alleged conspiracy to fix prices for credit card swipe fees, resolving claims brought by a putative class of about 12 million merchants.
Avago Technologies Limited and LSI Corporation have announced a definitive agreement under which Avago will acquire LSI for $11.15 per share in an all-cash transaction valued at $6.6 billion.
Clifford Chance has advised Deutsche Bank on two longevity swaps, one with the Trustees of the AstraZenaca Pension Fund, in respect of approximately £2.5bn of the fund liabilities, and one with the Trustees of five pension schemes sponsored by Carillion plc, in respect of approximately £1bn of the fund liabilities.
Tags: Clifford Chance LLPBracewell & Giuliani LLP served as primary legal counsel to Prosperity Bank Inc. in connection with its $375 million acquisition of FVNB Corp. and First Victoria National Bank for, a deal recently named “Deal of the Year” by The Houston Business Journal in the banking category.
Tags: Houston
Cozen O’Connor has further expanded the reach of its Commercial Litigation practice in New York with the recent hiring of Adam J. Schlatner, who joins the firm as a member.
Tags: Cozen O'Connor, P.C. | New YorkConnell Foley hires three new attorneys – Frank Cara and Mark Forand who joined the Firm on Monday, December 2nd and Vincent Cara who joined us Monday, December 9th. Frank and Vincent are resident in the New York Office; Mark is in the Roseland Office.
