Holland & Hart LLP represented QEP Energy Company, a subsidiary of QEP Resources, Inc., in connection with their agreement to acquire oil and gas properties in the Permian Basin in west Texas for $950 million from EnerVest, Ltd. and its affiliates.
Tags: Holland & Hart LLPDistinguished Economic Development Professional Tony Copeland Joins Williams Mullen
Williams Mullen has taken a significant step in building its economic development practice with the addition of Anthony M. “Tony” Copeland as Partner in the firm’s Raleigh office. Mr. Copeland will be working along with former Secretary of Commerce and Trade for Virginia Pat Gottschalk, helping to lead the firm’s economic development team in North Carolina.
Tags: Williams MullenWragge & Co and Lawrence Graham to Merge
Wragge & Co and Lawrence Graham are to merge, forming a new firm, Wragge Lawrence Graham & Co, from 1 May 2014. The partnerships of both firms have voted overwhelmingly in favour of the combination, which will create a £171 million business with 1,300 people, including 770 lawyers, operating from ten offices worldwide.
Tags: Gowling WLGWhite & Case Advises Aeroporti di Roma S.P.A. on Launch of €1.5 Billion EMTN Programme and Inaugural €600 Million Eurobond
Global law firm White & Case LLP has advised ADR – Aeroporti di Roma S.p.A. – the company which manages Rome airport, on the launch of its €1.5 billion EMTN programme and inaugural issuance of €600 million 3.250 percent Senior Unsecured Notes.
Tags: White & Case LLPWeil Advises Earthbound in Acquisition by WhiteWave Foods
Weil is representing Earthbound Farm, one of the country’s leading organic food brands, in its acquisition by The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, from its existing shareholders led by Kainos Capital and founders Drew and Myra Goodman. The transaction is valued at approximately $600 million.
Tags: Weil, Gotshal & Manges, LLPShearman & Sterling Advises on Astaldi’s €500 Million High Yield Bond Issue and Subsequent €100 Million Tap
Shearman & Sterling advised Astaldi S.p.A. on its offer, completed December 4, of €500,000,000 7.125% Senior Notes due 2020, and on its additional offer, completed December 9, of €100,000,000 7.125% Senior Notes due 2020. The Notes have been admitted to be listed on the Official List of the Luxembourg Stock Exchange and to trading on the Luxembourg Stock Exchange’s Euro MTF market on their closing dates. The Notes are senior obligations of the Issuer and are not guaranteed and have been offered only to qualified investors outside the United States of America pursuant to Regulation S under the US Securities Act, and to qualified institutional buyers, within the meaning of Rule 144A under the US Securities Act.
Tags: Shearman & Sterling LLPBKL advises Hankook Tire on US$800 million project to build its first manufacturing facility in the United States
Bae, Kim & Lee LLC (“BKL”) advised Hankook Tire Co. Ltd. (“Hankook Tire”), the world’s seventh-largest tire company by sales, in connection with an investment incentive agreement and a tax incentive agreement with the state government of Tennessee to build its first tire manufacturing facility in the United States. This new tire plant will be located in Clarksville, Tennessee and, upon full completion, is expected to produce about 11 million tires annually. The incentive agreements were signed on October 14, 2013.
Antitrust Partner Bruce Colbath Joins Sheppard Mullin New York
Bruce A. Colbath has joined Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Antitrust and Trade Regulation practice group, based in the firm’s New York office. Colbath joins from Weil, Gotshal & Manges.
Tags: Sheppard, Mullin, Richter & Hampton LLP | New YorkSenior White House Environmental Lawyer Gary Guzy Joins Covington
Covington & Burling is pleased to announce that Gary Guzy, most recently deputy director and general counsel of the White House Council on Environmental Quality, and a former general counsel of the Environmental Protection Agency, is joining the firm’s environmental, clean energy, public policy, and government affairs practices.
Tags: Covington & Burling LLPWeil Advises Goldman Sachs on Bridge Facility for Sysco
A Weil team, led by New York partners Morgan Bale and Matthew Bloch, advised Goldman Sachs in connection with providing committed bridge financing (and related matters) backing the acquisition by Sysco Corporation of US Foods, Inc., uniting two of the biggest food distributors in the country. The transaction will give US Foods’ current owners, the investment firms Clayton, Dubilier & Rice and Kohlberg Kravis Roberts, a roughly 13 percent stake in the combined company. Including the assumption of US Foods’ debt, the transaction is valued at $8.2 billion. The transaction is expected to close by the third quarter next year, pending antitrust approval.
Tags: Weil, Gotshal & Manges, LLP