Global law firm White & Case LLP has advised Banca IMI, J. P. Morgan, Mediobanca and UniCredit Corporate & Investment Banking as Joint Global Coordinators on the €428.4 million initial public offering of Cerved Information Solutions S.p.A. on the Milan Stock Exchange.
Cerved, an information technology business founded in 1974, has been capitalized at €995 million.
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Wisconsin Energy Company and Integrys Energy Group, Inc. announced that they have entered into a definitive merger agreement under which Wisconsin Energy will acquire Integrys in a transaction valued at $9.1 billion. Cravath represented Integrys in connection with this transaction, which has been unanimously approved by the boards of directors of both companies and is expected to close in the summer of 2015, subject to receipt of shareholder and regulatory approvals and satisfaction of other customary closing conditions. Upon completion of the transaction, the combined company will be named WEC Energy Group, Inc.
Tags: Cravath, Swaine & Moore LLP
Wisconsin Energy Corp. (NYSE: WEC) and Integrys Energy Group Inc. (NYSE: TEG) today announced that they have entered into a definitive agreement under which Wisconsin Energy will acquire Integrys in a transaction valued at $9.1 billion. Upon completion of the transaction, the combined company will be named WEC Energy Group, Inc. The combined entity is projected to have a regulated rate base of $16.8 billion in 2015, serve more than 4.3 million total gas and electric customers across Wisconsin, Illinois, Michigan and Minnesota, and operate nearly 71,000 miles of electric distribution lines and more than 44,000 miles of gas transmission and distribution lines.
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Allen & Overy has advised the book running lead managers on Yes Bank’s Rs. 29,420.75 million (approximately USD500m) Qualified Institutions Placement (QIP) of shares to fund the bank’s future expansion. Please enter ByLine.
Tags: Allen & Overy LLP
Shearman & Sterling represented J.P. Morgan Securities LLC and HSBC Securities (USA) Inc. in the Republic of Uruguay’s $2,000,000,000 shelf takedown of its 5.100% Bonds due 2050. Concurrent with the notes offering, the firm also advised J.P. Morgan Securities LLC and HSBC Securities (USA) Inc. as joint dealer managers on the Republic’s tender offer to purchase all of its outstanding 7.500% US Dollar-Denominated Global Bonds due 2015, 9.250% US Dollar-Denominated Global Bonds due 2017, 8.000% US Dollar-Denominated Global Bonds due 2022, 6.875% US Dollar-Denominated Global Bonds due 2025, 7.875% US Dollar-Denominated Global Bonds due 2033 and 7.625% US Dollar-Denominated Global Bonds due 2036.
Tags: Shearman & Sterling LLP
Bird & Bird has advised the Republic of Guinea, represented by the National Communication Council, in the negotiation of three public contracts concerning design and implementation of digital terrestrial radio and television (Digital Terrestrial Television) in Guinea.
The project is estimated to be worth more than 117 million USD shared between private and public investors.
Tags: Bird & Bird LLP
Perkins Coie advised the government of India on the creation and initial public offering of its first central public sector enterprise (CPSE) exchange traded fund (ETF) on the National Stock Exchange. The ETF raised more than Rs 3000 crore (approximately US$501 million) in its initial public offering. The ETF will purchase and hold stakes in 10 selected central public sector companies (PSCs) through a mutual fund format.
Tags: Perkins Coie LLP
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup Global Markets Inc., UBS Securities LLC, Credit Suisse Securities (USA) LLC and BNP Paribas Securities Corp., as joint bookrunners and joint lead arrangers in connection with the financing for the acquisition of Wayne Fuel Systems, LLC, a manufacturer of petroleum fuel and compressed natural gas (CNG) dispensers and other fueling equipment, by affiliates of private equity firm Riverstone Holdings LLC from General Electric Corporation.
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Davis Polk advised underwriters represented by BNP Paribas, Goldman Sachs International, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC in connection with the offering of $1 billion aggregate principal amount of 1.750% U.S. dollar bonds due 2019, issued by Export Development Canada.
