Simpson Thacher is representing KKR in connection with a proposed acquisition of Goodpack Limited (SGX: Goodpack), a Singapore-based company which is the world’s largest provider of multi-modal, reusable metal box systems known as intermediate bulk containers. Pursuant to the scheme of arrangement entered into between Goodpack and IBC Capital Limited, a company held by a fund affiliated with and advised by KKR, all issued ordinary shares in Goodpack held by the shareholders of Goodpack will be transferred to IBC Capital Limited.  Goodpack’s shareholders will be entitled to S$2.50 per share in cash, a price which values Goodpack at approximately S$1,399 million. 
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Shearman & Sterling advised Commerzbank, J.P. Morgan, Société Générale and UniCredit Bank AG on the initial public offering of shares by Stabilus S.A. (“Stabilus”) on the Frankfurt Stock Exchange.The placement volume amounted to approximately EUR 227.3 million (around EUR 261.4 million if the greenshoe option is fully exercised).

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The Firm represented the underwriters, led by Barclays Capital Inc., Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC, in connection with a registered offering by Kimberly-Clark Corporation (“Kimberly-Clark”) of notes in $600 million aggregate principal amount.
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Ropes & Gray advised Mitsubishi UFJ Fund Services, part of Mitsubishi UFJ Financial Group (MUFG), on its acquisition of Meridian Fund Services Group. The acquisition of Meridian, with $14 billion in assets under administration, raises MUFG’s fund services assets under administration to $165 billion. The deal was announced March 19 and closed on May 27.

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Skadden is representing U.K.-based defense and aerospace firm Cobham plc in its approximately $1.46 billion acquisition of U.S. wireless communications company Aeroflex Holding Corp., announced May 20.
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impson Thacher recently represented HCA Holdings, Inc. (“HCA”) and its principal stockholder, an entity affiliated with Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co., in connection with a secondary offering of 15,000,000 shares of common stock of HCA by the principal stockholder for aggregate gross proceeds of approximately $775 million, and a concurrent share repurchase by HCA of 14,554,628 additional shares from the principal stockholder. The concurrent share repurchase resulted in additional gross proceeds of approximately $750 million.

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Global law firm White & Case LLP has advised the Republic of Finland on the €148 million sale of the entire share capital of Destia Ltd., a Finnish infrastructure and construction service company, to Ahlström Capital.
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Pilgrim’s Pride Corporation announced that it has made a proposal to acquire The Hillshire Brands Company for $45.00 per share in cash, in a transaction valued at US$6.4 billion. Cravath is representing Pilgrim’s Pride in connection with this transaction. Hillshire and Pinnacle Foods Inc. previously entered into a merger agreement under which Hillshire would acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction. It is anticipated that Pilgrim’s Pride’s proposed transaction would close during the third quarter of 2014 and would be subject to customary closing conditions and the termination of Hillshire’s merger agreement with Pinnacle Foods.

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Lawyers in Hunton & Williams LLP’s power and energy capital markets group recently advised the dealer manager, J.P. Morgan Securities LLC, in a debt-for-debt exchange conducted as a modified “Dutch auction”. The exchange offer by National Rural Utilities Cooperative Finance Corporation (“CFC”) was ultimately for $209,401,000 aggregate principal amount of CFC’s 8.00 percent Medium Term Notes, Series C, due 2032 for newly issued 4.023% Collateral Trust Bonds due 2032 and cash.

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