A team of Goodwin attorneys recently advised Trulia in its $3.5 billion sale to Zillow. The transaction, which is expected to close in 2015, is a stock-for-stock transaction whereby Trulia shareholders will receive 0.444 shares of Class A Common Stock of Zillow for each share of Trulia, and current Zillow Class A and Class B Common Stock shareholders will receive one comparable share of the combined company. The agreement is subject to customary closing conditions.
Tags: Goodwin Procter, LLPMorrison Cohen client North Castle Partners and its co-investors, along with certain equity holders, entered into a definitive agreement to sell Ignite Holdings, LLC, a leading developer and marketer of reusable, environmentally friendly thermal mugs and hydration bottles primarily sold under the Contigo and Avex brands, to an affiliate of publicly traded Newell Rubbermaid for a purchase price of $308 million. North Castle is a leading private equity firm focused on investments in consumer-driven companies that promote healthy, active and sustainable lifestyles. Morrison Cohen represented North Castle Partners and Ignite in the transaction.
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International law firm, Osborne Clarke has advised longstanding client LDC together with the Management Team on the sale of Penn Pharma in a transaction worth £127m.
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Shearman & Sterling advised CVS Caremark Corporation as borrower in connection with a $1.25 billion senior unsecured revolving credit facility arranged by The Bank of New York Mellon, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC.
Tags: Shearman & Sterling LLPDavis Polk advised Alexander Forbes Group Holdings Limited in connection with the ZAR 3.2 billion (US$310 million) initial offering of its ordinary shares. The offering consisted of 431,940,542 shares at a price to investors of ZAR 7.50. In addition, the joint bookrunners have an over-allotment option with respect to 64,791,081 ordinary shares of Alexander Forbes.
Cahill represented Credit Suisse as administrative agent and Credit Suisse, Citigroup, Macquarie Capital, Deutsche Bank, BofA Merrill Lynch, and J.P. Morgan as lead arrangers in connection with the approximately $5.4 billion in amended and restated credit facilities for Caesars Entertainment Operating Company, Inc.
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A Hogan Lovells cross-border, cross-practice team made up of lawyers from Denver, Houston, Washington, D.C., and Tokyo, advised JX Nippon Oil & Gas Exploration Corporation (“JX Nippon”) in its formation of a 50/50 joint venture company (“ the Company”) through its wholly owned subsidiary JX Nippon Oil Exploration (EOR) Limited1; and Petra Nova Holdings LLC, a wholly owned subsidiary of NRG Energy, Inc. (“NRG”).
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