Willkie Advises Men’s Wearhouse in Proposal to Purchase One-Time Suitor Jos. A. Bank

As reported widely in the press, on November 26 Willkie client Men’s Wearhouse announced that it has proposed to acquire all of the outstanding shares of men’s apparel retailer Jos. A. Bank Clothiers, Inc. common stock for $55 per share or approximately $1.54 billion in cash. The proposed combination would create the premier men’s apparel retailer with enhanced scale and a broadened customer reach.

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Tags:  Willkie Farr & Gallagher LLP

Simmons & Simmons – Tender Offer and New Tier 2 Insurance by Royal London

International law firm Simmons & Simmons has advised Barclays, BofA Merrill Lynch and HSBC as joint dealer managers on a tender offer by RL Finance Bonds plc in respect of its £400m Upper Tier 2 Notes and as joint lead managers on a £400m new issue of Solvency II-compliant Tier 2 Notes by RL Finance No. 2 plc, which are guaranteed on a subordinated basis by The Royal London Mutual Insurance Society Limited, the UK’s largest mutual life and pensions company.

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Tags:  Simmons & Simmons

Ashurst advises on £1.56 billion bid for AZ Electronic Materials

Ashurst advised Bank of America Merrill Lynch International (BofAML) in relation to the £1.56 billion recommended cash offer for AZ Electronic Materials S.A., the London-listed company that makes chemicals used in electronic devices such as Apple’s iPad, announced today. The offer is being made by Germany’s Merck 15. Allgemeine Beteiligungs-GmbH, an indirect wholly-owned subsidiary of Merck KGaA, the world’s largest maker of liquid crystals for flat panel displays. BofAML is acting as financial adviser to Merck.

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Tags:  Ashurst