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.
Tags: Drew & Napier LLCHaynes 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 >>
Tags: Haynes and Boone, LLP | Mexico CityKirkland & 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.
Tags: Kirkland & Ellis LLPPaul 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 >>
Tags: Paul Hastings, LLPFirm 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.
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 >>
Tags: Willkie Farr & Gallagher LLPCahill Represents Underwriters in $500 Million Public Offering by D.R. Horton
Cahill represented Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, and RBS as joint book-running managers in connection with the public offering of $500,000,000 aggregate principal amount of 3.75% Senior Notes due 2019 by D.R. Horton, Inc., one of the largest homebuilding companies in the United States. Proceeds from the offering will be used for general corporate purposes. More >>
Tags: Cahill Gordon & Reindel LLPCooley Advises LegalZoom on its Equity Acquisition by Permira
Cooley LLP announced today that it advised LegalZoom.com, the nation’s leading provider of online legal solutions for small businesses and families, in its equity acquisition by The Permira Funds. Permira acquired more than $200 million of outstanding equity of LegalZoom through a tender offer of secondary securities.
Tags: Cooley LLP