Cooley LLP announced today that it advised Flexion Therapeutics on its $74.8 million IPO. Flexion is a clinical-stage specialty pharmaceutical company focused on the development and commercialization of novel pain therapies. The company now trades on the NASDAQ Global Market under the symbol “FLXN.”

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Edwards Wildman’s Istanbul office has advised the Privatization Administration, together with Burgan Yatirim Menkul Degerler A.S.and Mag Muhendislik Hizmetleri Ltd, in relation to the privatization project of the sole cruise port of İstanbul, Salıpazarı Port. The port is owned by Turkiye Denizcilik Isletmeleri A.S., as a result of the transfer of operating rights for 30 years. The privatization work started in 2010 and concluded with an auction in May 2013. Dogus Holding A.S. submitted the highest bid of US$702 million.

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Linklaters has advised Allianz Global Investors Europe and the European Investment Bank (EIB) on the £400m widening and improvement works to the M8, M73 and M74 motorways in Scotland. The project was 50% financed by debt financing provided by the EIB and 50% by a bond issuance wholly subscribed on a deferred payment basis by Allianz Global Investors which has been listed on the Luxembourg Stock Exchange.

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Shearman & Sterling advised Deere & Company, John Deere Capital Corporation and John Deere Bank S.A. as borrowers under a $1 billion 364-day credit facility, a $2.5 billion four-year facility and a $2.5 billion five-year facility agented by JPMorgan Chase Bank, N.A.

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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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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 >>

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 >>

Drew & Napier acted for Jaya Holdings Limited which has entered into a conditional sale and purchase agreement to sell the shares of all its operating subsidiaries to Mermaid Marine Australia Limited for an aggregate consideration of S$625 million.

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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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