Cooley LLP announced today that it acted as US counsel to Stratasys Ltd. on its acquisition of Solid Concepts. Meitar Liquornik Geva Leshem Tal was Israeli counsel to Stratasys, one of the world’s leading 3D printing companies. Stratasys manufactures 3D printers and materials that create prototypes and manufactured goods directly from 3D CAD (computer aided design) files or other 3D content. Stratasys will also acquire Texas-based Harvest Technologies.
Tags: Cooley LLPSichenzia Ross Friedman Ference LLP Advises J.P. Turner & Company, L.L.C on $ 2.5 million Private Placement of X2 Bio Systems, Inc..
New York- based securities law firm, Sichenzia Ross Friedman Ference LLP announced that it has represented J.P. Turner & Company as sole Placement Agent in a $2.5 million private placement of X2 Bio systems, Inc., a privately held Seattle based science and technology company which is developing the first complete solution for assessing sport brain injuries. The underwriting was pursuant to a prospectus supplement to an effective S-3 registration statement. The offering consisted of $2.5 million of Units consisting of 6% convertible promissory notes and common stock purchase warrants. The Sichenzia Ross team was led by partners Gregory Sichenzia and David Manno. More >>
Willkie Advises Victory Capital Management in Acquisition of Munder Capital Management
Willkie client Victory Capital Management Inc. announced that it has entered into an agreement to acquire Munder Capital management. The deal combines two strong Midwest-based investment management firms with multi-boutique business models. The new independent investment advisory firm, which will be headquartered in Cleveland, Ohio, will have over $37 billion of assets under management and a diversified lineup of investment offerings.
Tags: Willkie Farr & Gallagher LLPMilbank Represents Underwriters in $945M Common Stock Offering by Arthur J. Gallagher & Co.
Milbank, Tweed, Hadley & McCloy advised the underwriters in the $945 million common stock offering by insurance conglomerate Arthur J. Gallagher & Co. (NYSE:AJG), proceeds of which will be used, in part, to fund its acquisition of the insurance brokerage business of Westfarmers Limited, one of the largest insurance broking networks across Australia and New Zealand.
Tags: Milbank LLPDorsey & Whitney Advises Quindell Plc on World’s Largest Telematics Contract
International law firm Dorsey & Whitney (Europe) LLP has advised Quindell Plc (AIM:QPP.L) on the world’s largest telematics contract to date. Quindell is a provider of sector leading expertise in software, consulting and technology enabled outsourcing in its key markets: insurance, telecommunications and their related sectors. The Company is recognized as number one in insurance claims technology in Europe. Quindell has grown its market capitalization from £300 million to £2.8 billion over the last few years. More >>
Tags: Dorsey & Whitney LLPShearman & Sterling Advises BNDES on $1.5 Billion Notes Offering
Shearman & Sterling represented Banco Nacional de Desenvolvimento Econômico e Social (BNDES) in connection with its offering of $1,000,000,000 4.000% Notes due 2019 and $500,000,000 5.750% Notes due 2023, listed on the Luxembourg Stock Exchange. The 5.750% Notes due 2023 are a further issuance of, and will be consolidated and form a single series with, the $1,250,000,000 principal amount of 5.750% Notes due 2023 originally issued by BNDES on September 26, 2013. BB Securities Ltd., Citigroup Global Markets Inc., HSBC Securities (USA) Inc., and Mitsubishi UFJ Securities (USA), Inc. acted as Joint Lead Managers.
Tags: Shearman & Sterling LLPBracewell Represents BOH Holdings, Inc. in $243 Million Sale
Bracewell & Giuliani LLP represented BOH Holdings, Inc. and its subsidiary, Bank of Houston, in an agreement to sell its operations to Independent Bank Group, Inc., the holding company for Independent Bank, for $243 million. The merger consideration consisted of $34 million in cash and 3,636,060 shares of Independent Bank Group common stock.
Tags: Bracewell LLPYamana Gold and Agnico Eagle Announce Cdn$3.9 Billion Friendly Acquisition of Osisko Mining
Paul, Weiss client Yamana Gold Inc. announced that Yamana and Agnico Eagle Mines Limited had entered into an agreement with Osisko Mining Corporation pursuant to which Yamana and Agnico Eagle will jointly acquire 100 percent of the outstanding common shares of Osisko for Cdn$3.9 billion in cash and shares. As part of the transaction, Osisko will spin off shares of a new company, New Osisko, to its existing shareholders. New Osisko’s assets will consist of Cdn$155 million in cash, a 5 percent net smelter royalty on Osisko’s Canadian Malartic mine, a 2 percent NSR on Osisko’s Kirkland Lake assets and certain of Osisko’s exploration assets and investments. Under the terms of the agreement, each Osisko common share will be exchanged for Cdn$2.09 in cash, 0.26471 of a Yamana common share, 0.07264 of an Agnico Eagle common share and one New Osisko common share having a combined value of Cdn$8.15, which represents a premium of approximately 11 percent to Goldcorp’s most recent unsolicited offer.
Milbank Represents Initial Purchasers in $400M High Yield Notes Offering by Air Canada
Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Arnold Peinado, Transportation & Space partner Hugh Robertson and Global Securities special counsel Kevin MacLeod, acted as New York counsel to J.P. Morgan, Citigroup, Credit Suisse and Morgan Stanley, as initial purchasers, in connection with the offering of 7.750% Senior Notes due 2021 by Air Canada.
Tags: Milbank LLPWhite & Case Advises Hepalink on US$337.5 Million Acquisition of Scientific Protein Laboratories, LLC
Global law firm White & Case LLP has advised Shenzhen Hepalink Pharmaceutical Co. Ltd, a Chinese pharmaceutical company formed in 1998 and listed on the Shenzhen Stock Exchange in May 2010, and its US subsidiary Hepalink USA Inc. on the US$337.5 million acquisition of Scientific Protein Laboratories, LLC, a leading global, independent manufacturer and supplier of active pharmaceutical ingredients (APIs). More >>
Tags: White & Case LLP