Kirkland & Ellis LLP represented ABRY Partners, which announced today that it has entered into an agreement to sell its majority equity interest in York Risk Services Group to Onex Corporation for $1.325 Billion. ABRY has been invested in York, a premier provider of risk management, claims management and managed care services, since December 2010. The Kirkland team was led by corporate partners Joshua Kogan and Armand Della Monica, and debt finance partners Ashley Gregory and David Tarr.
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Hunton & Williams (Thailand) Limited advised Thailand’s first independent power producer Electricity Generating Public Company Limited in its USD453 million (14,750 million Baht) acquisition of 40.95 percent indirect ownership interest in the 630 MW Masinloc power plant as part of a strategic partnership with global power company AES Corporation. The investment will provide EGCO with opportunities for expansion in the future as well as other long-term co-development prospects in SouthEast Asia.

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Shearman & Sterling represented BMO Capital Markets Corp., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC as lead underwriters in connection with a registered public offering of $1 billion aggregate principal amount of 1.300% Senior Notes due 2017 and $300 million aggregate principal amount of Floating Rate Notes due 2017 by Bank of Montreal, under its US medium-term note program.

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The Firm recently represented the lead managers, BTG Pactual, HSBC, Itau BBA and Morgan Stanley, in an offering by Marfrig Holdings (Europe) B.V. (“Marfrig Holdings”) of U.S.$850,000,000 aggregate principal amount of 6.875% Senior Notes due 2019. The Notes are unconditionally and irrevocably guaranteed by Marfrig Global Foods S.A. and Marfrig Overseas Limited. The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933. 
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Kirkland & Ellis LLP represented Lazard, financial advisor to Reynolds American (NYSE: RAI), which today announced that it has entered into a definitive agreement to acquire Lorillard (NYSE: LO), the third largest tobacco company in the United States and the maker of Newport cigarettes, in a transaction valued at $27.4 billion, including the assumption of net debt. Reynolds American is a leading tobacco products company and the parent company of R.J. Reynolds Tobacco Company.
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Linklaters is advising Hony Capital, a leading Chinese private equity firm, on its acquisition of Pizza Express from The Gondola Group.

The acquisition, valued at approximately £900m, is the largest in the European restaurant sector in the past five years.

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Mayer Brown and Tauil & Chequer Advogados in association with Mayer Brown represented Itau Unibanco S.A., a Brazilian bank acting through its Cayman Islands Branch, as borrower of a US $400 million loan from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution. Itau Unibanco S.A. will use the proceeds to make loans to small and medium enterprises in Brazil.

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On July 15, 2014, British American Tobacco (“BAT”) announced that it has agreed to invest approximately US$4.7 billion as part of Reynolds American’s proposed acquisition of Lorillard, enabling BAT to maintain its 42% ownership in Reynolds American following the acquisition. The boards of both Reynolds American, an associate company of BAT, and Lorillard have announced the proposed purchase of Lorillard by Reynolds American for approximately US$27.4 billion, including the assumption of net debt, equivalent to US$68.88 per Lorillard share. Reynolds American also announced that it has reached an agreement with Imperial Tobacco under which Imperial has agreed to purchase the KOOL, Salem, Winston, Maverick and blu eCigs brands and other assets and liabilities for a total consideration of approximately $7.1 billion in cash.

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DLA Piper has advised Ziraat Bank, Turkey’s largest bank by deposits and number of branches, in its successful debut issuance of $750 million 4.250 notes due 2019 under the bank’s Medium Term Note (MTN) programme. The firm also advised on the establishment of the programme in May 2014.

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