The Firm is representing KKR and Affinity Equity Partners (“Affinity”) in connection with the announced agreement whereby Anheuser-Busch InBev (“AB InBev”) will reacquire Oriental Brewery (“OB”) from KKR and Affinity.  AB InBev originally sold OB in July 2009, a transaction in which the Firm represented KKR.  The enterprise value for the transaction is US$5.8 billion, and as a result of an agreement entered into with KKR and Affinity in 2009, AB InBev will receive approximately US$320 million in cash at the closing of this transaction, subject to certain closing adjustments.

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International law firm Edwards Wildman is pleased to announce that James Crabtree has joined the London office as a partner in its Insurance & Reinsurance Department. Crabtree joins from Taylor Wessing, where he was the head of the International Insurance Group. He advises on insurance and reinsurance claims and coverage disputes, often with an international element, in arbitration and litigation.  More >>

The national law firm of Epstein Becker Green is pleased to announce that Edward M. “Ted” Kennedy, Jr., has joined as a Member of the Firm in the Health Care and Life Sciences practice in the firm’s Stamford, Conn., office.

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Skadden is representing the Government of Singapore Investment Corporation Pte Ltd. in its investment in a $1.3 billion joint venture to acquire 1 million square feet of space in the Time Warner Center in New York. The deal closed on January 15. More >>

Paul, Weiss advised the Tencent internet company on their US$193m strategic investment in China South City Holdings, a logistics firm in China based in Shenzhen.

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Nicholas Casiello and Patrick Madamba, attorneys with the national law firm of Fox Rothschild LLP, recently led the team who represented MGM Resorts International through the process of obtaining a finding of suitability for a proposed casino in Springfield, MA. MGM’s anticipated project, if approved, is estimated to cost in excess of $800 million.

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International law firm Freshfields Bruckhaus Deringer has advised Zhongsheng Group Holdings Limited (“Zhongsheng Group”) in relation to the proposed US$728m strategic investment by Jardine Strategic Holdings Limited (“Jardine Strategic”). More >>

Global law firm Reed Smith announces that a team led by Panos Katsambas and Thomas D. Gommes advised Invel Real Estate Partners (Invel) on its acquisition of a 66% stake in NBG Pangaea Real Estate Investment Company (Pangaea) from the National Bank of Greece (NBG) for approximately €653 million.

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Simpson Thacher recently represented the underwriters as the sole international counsel, led by Barclays, BNP Paribas, Credit Agricole, Deutsche Bank, Goldman Sachs and UBS, in connection with an offering in reliance of Regulation S of €500,000,000 2.375% Seniors Notes due 2019 by Korea Gas Corporation under its US$5 billion global medium term notes program. The notes were listed on the Frankfurt Stock Exchange. Korea Gas Corporation is a government-controlled distributor of natural gas in Korea.

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Simpson Thacher recently represented the dealers in connection with Sumitomo Mitsui Banking Corporation’s establishment of its US$50,000,000,000 Global Medium Term Notes Program (the “Program”) and the offering of US$3 billion of senior notes thereunder, guaranteed by the bank’s New York branch.  The senior notes were offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act. SMBC Nikko Capital Markets Limited; Barclays Bank PLC, Citigroup Global Markets Inc.; Deutsche Bank Securities Inc.; Goldman, Sachs & Co.; J.P. Morgan Securities LLC;, Merrill Lynch, Pierce, Fenner & Smith Incorporated; Merrill Lynch International and SMBC Nikko Securities America, Inc. are dealers under the Program. Goldman, Sachs & Co., Barclays Bank PLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC and SMBC Nikko Capital Markets Limited acted as the representatives for the initial offering of notes.

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