Advising Jefferies, JP Morgan and Numis on £1.2bn IPO of AO.com

Simmons & Simmons is advising Jefferies International and JP Morgan Cazenove as Joint Sponsors, Joint Global Co-ordinators and Joint Bookrunners, and Numis Securities as Joint Bookrunner, on the initial public offering (IPO) of AO World plc (AO), the United Kingdom’s leading online retailer of major domestic appliances. AO’s sales activities are focused primarily on sales of appliances through the Group’s own branded websites, principally AO.com.

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White & Case Advises DX on IPO and Admission to AIM

Global law firm White & Case LLP has advised DX (Group) plc, a leading independent logistics operator in the UK and Republic of Ireland, on the successful pricing of its initial public offering and admission to the AIM market of the London Stock Exchange.

The associated share placing values DX, a portfolio company of private equity firm Arle Capital Partners Limited since 2006, at around £200 million. The proceeds of the placing will be used to repay existing senior debt, shareholder loans and private equity investors. More >>

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Alston & Bird Assists Client with $2.1 Billion Merger

Alston & Bird represented the Special Committee of the Board of Directors of Inland Diversified Real Estate Trust, Inc., in connection with Inland’s recently announced stock-for-stock merger with Kite Realty Group Trust. The merger has an announced transaction value of $2.1 billion and equity value of $1.2 billion. More >>

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Haynes and Boone Advises Grupo Fermaca on a $750 Million Mexican Natural Gas Infrastructure Transaction

A cross-border team from the New York and Mexico City offices of Haynes and Boone, LLP advised longstanding client, Grupo Fermaca S.A. de C.V., a market leader in the development and operation of energy infrastructure in Mexico, in connection with the acquisition by Partners Group, a global private equity firm headquartered in Zug, Switzerland, of a majority stake in Fermaca from New York private equity firm, Ospraie. More >>

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Kirkland & Ellis Advises Blackstone on Equity Investment in Kronos

Kirkland & Ellis LLP advised Blackstone, who along with GIC Private Limited, today announced a $750 million equity investment in Kronos Incorporated as part of a significant recapitalization of the company. Blackstone and GIC will invest in Kronos alongside lead investor Hellman & Friedman LLC and JMI Equity. Kronos, a global leader in delivering workforce management solutions, which was previously publicly traded on NASDAQ, was taken private by Hellman & Friedman and JMI Equity in 2007 in a transaction valued at approximately $1.8 billion.

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Paul Hastings Advises CDH Investments on Acquisition in China Gold Mine

Paul Hastings, a leading global law firm, announced today that it is advising CDH Investments (“CDH”), a leading asset fund manager focusing on investments in private equity, venture capital, real estate, mezzanine and public equity markets, on the US$40 million acquisition of a 20% interest in the Eastern Dragon project, a gold mine in Heilongjiang Province, China, from Eldorado Gold Corporation. More >>

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Firm Represents Underwriters in Lennar’s $400 Million Notes Offering

Homebuilder Lennar Corporation recently announced an underwritten public offering of $400 million of 4.50% Senior Notes due June 2019. Willkie represented the underwriters led by Joint Book-Running Managers Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC, BMO Capital Markets Corp. and UBS Securities LLC in the offering. Miami-based Lennar, one of the nation’s largest homebuilders, constructs affordable, move-up and retirement homes. Lennar’s financial services segment provides mortgage financing, title insurance and closing services for both buyers of the company’s homes and others.

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Willkie Advises Men’s Wearhouse in Increased Bid for Jos. A. Bank Valued at Approximately $1.78 Billion

Willkie client The Men’s Wearhouse announced that it has increased its cash tender offer for all outstanding shares of Jos. A. Bank Clothiers, Inc. to $63.50 per share from $57.50 per share. As widely reported in the press, the proposed deal, valued at approximately $1.78 billion, would create the premier men’s apparel retailer with enhanced scale and a broadened customer reach. Expiration of the amended tender offer has been moved up to March 12, 2014, unless the offer is extended. More >>

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