On March 13, it was announced that JetBlue Airways has agreed to sell its wholly owned subsidiary LiveTV to Willkie client Thales Group for $400 million. LiveTV is the leading provider of live in-flight entertainment and connectivity systems for commercial airlines. The company revolutionized the inflight entertainment space, and with this transaction is now pursuing an aggressive growth strategy. Last year, the company and its partner ViaSat introduced Ka-band satellite-driven onboard connectivity, a game changing technological advancement.
Tags: New York
Addleshaw Goddard advises Zeus Capital on £560m IPO of Boohoo
The Manchester office of Addleshaw Goddard advised Zeus Capital in its role as nominated adviser and broker to the IPO of boohoo.com plc on AIM, which became effective today.
Tags: Addleshaw Goddard LLPCowen Group, Inc. $149.5 Million Cash Convertible Senior Notes Offering and Cash Convertible Note Hedge and Warrant Transactions
Davis Polk advised Nomura Securities International, Inc. as representative of the initial purchasers in connection with a Rule 144A offering by Cowen Group, Inc. of an aggregate principal amount of $149.5 million of 3% cash convertible senior notes due 2019. In addition, Davis Polk advised Nomura Global Financial Products Inc. as counterparty to cash convertible note hedge and warrant transactions with Cowen Group, Inc. in connection with the cash convertible senior notes offering.
Edwards Wildman Acts as Bond Counsel for $40+ Million Cicero Economic Development Deal
Edwards Wildman acted as bond counsel to the Town of Cicero, Cook County, IL, to successfully close its $40,690,000 Series 2014A Illinois General Obligation Corporate Purpose Refunding Bonds. The funds will go toward refunding of existing debt, resulting in substantial savings for the town. More >>
Kirkland & Ellis Advises Kerneos Tech Group SAS in connection with €350 Million Notes Offering
Kirkland & Ellis International LLP represented Kerneos Tech Group SAS in connection with the offering of €200 million 5.75% senior secured fixed rate notes due 2021 and €150 million senior secured floating rate notes due 2021, which closed on 13 March 2014.
Tags: Kirkland & Ellis LLP Hellman & Friedman to Acquire Renaissance Learning
Skadden is representing the Permira funds in their $1.1 billion pending disposition of Renaissance Learning, a K12 assessment and learning analytics company, to Hellman & Friedman LLC, announced on March 13.
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Buchanan Ingersoll & Rooney and Fowler White Boggs to Merge
Two major law firms, Buchanan Ingersoll & Rooney PC and Fowler White Boggs P.A. announced that a vote from shareholders of both firms today affirmed their merger, effective March 14, 2014.
The addition of more than 90 attorneys and government relations professionals from Fowler White to the nearly 450 at Buchanan will propel the unified firm to one of the 100 largest law firms in the United States and will further enhance the firm’s preeminent East Coast presence and key practice areas. Both firms enter the combination from positions of financial strength with deep client relationships and a culture that focuses on maintaining the highest levels of client service. Terms of the deal were not disclosed. More >>
Tags: Buchanan Ingersoll & Rooney PC
Men’s Wearhouse to Acquire Jos. A. Bank
Skadden is representing Jos. A. Bank Clothiers Inc. in its $1.8 billion acquisition by The Men’s Wearhouse, announced on March 11.
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Milbank Represents Haichang Holdings Ltd. in its US$316 million IPO in Hong Kong
The international law firm Milbank, Tweed, Hadley & McCloy advised Haichang Holdings Ltd. (“Haichang”) in the approximately US$316 million global offering and initial public offering of its shares on the Hong Kong Stock Exchange – the first global offering by a theme park operator in Hong Kong.
Tags: Milbank LLP | Hong Kong
Clifford Chance advises Poly Culture Group on HK$2.57 billion IPO
Leading international law firm Clifford Chance has advised Poly Culture Group Corporation Limited on its HK$2.57 billion (approx. US$ 331 million) global offering and listing on the Main Board of the Stock Exchange of Hong Kong. The Company sold a total of 77,781,000 shares at HK$33.0 each.
Tags: Clifford Chance LLP