Simpson Thacher Represents JLL Partners, Inc. in Financing for the Formation of Joint Venture with Royal DSM

Friday, November 22, 2013

The Firm is representing JLL Partners in connection with the financing of its take-private purchase of its 55.7%-owned portfolio company, Patheon, Inc., and Patheon’s related combination with Royal DSM’s Pharmaceutical Products business. The transaction will be financed through a combination of equity investments and debt, including $1.65 billion in debt financing committed by J.P. Morgan, UBS, Jefferies, KeyBank and Morgan Stanley. The combined company will provide contract development and manufacturing services in the pharmaceutical industry and will be 51% owned by JLL and 49% owned by DSM.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Davis Polk – Genesee & Wyoming Inc. Secondary Offering

Thursday, November 21, 2013

Davis Polk advised Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as underwriters in connection with the SEC-registered secondary offering of 5,984,232 shares of Class A common stock of Genesee & Wyoming Inc. by investment funds associated with The Carlyle Group. The net proceeds from the offering were approximately $580.7 million.

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Tags:  Davis Polk & Wardwell LLP | New York

Simpson Thacher Represents Jostens, Inc. in its Acquisition of American Achievement Group Holding Corp.

Thursday, November 21, 2013

The Firm is representing Jostens, Inc. (“Jostens”) in connection with its announced acquisition of American Achievement Group Holding Corp. (“American Achievement”).  American Achievement is a premier provider of commemorative jewelry and recognition products such as class rings, yearbooks, letter jackets and other jewelry, including military and family products.  American Achievement’s products and brands include Balfour®, Taylor, ArtCarved® and Keepsake®.  The transaction, which is subject to customary closing conditions and regulatory review, is expected to close not later than the second quarter of 2014.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Levenfeld Pearlstein Grows Corporate & Securities and Real Estate Practices with Addition of Three Attorneys

Thursday, November 21, 2013

Levenfeld Pearlstein, LLC today announced the additions of Nancy Fallon-Houle and Marc Zaslavsky to its Corporate & Securities Practice Group, and Tal Izraeli to its Real Estate Group.  Fallon-Houle joins LP after spending the last 15 years running her own boutique law firm focused on representing smaller companies in their business formations, start-ups, business transactions, contracts, and securities offerings.  Zaslavsky most recently practiced in the Chicago office of Arnstein & Lehr LLP, while Izraeli comes to LP from Aronberg Goldgehn Davis & Garmisa.

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Michael Best Expands into Western U.S. with Utah Office

Thursday, November 21, 2013

At a time when many law firms are slowing growth or even shrinking, Michael Best & Friedrich LLP today announced plans to acquire the Vantus Law Group based in Salt Lake City, Utah. The Vantus addition will add eight new attorneys with a highly respected regional practice in a growing and dynamic market to the Michael Best team.

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Tags:  Michael Best & Friedrich LLP

Ashurst Advises EnQuest on up to US$1.7 Billion Credit Facility

Thursday, November 21, 2013

Ashurst has advised EnQuest on a new US$1.7 billion credit facility, underwritten by BNP Paribas and Scotiabank. The facility comprises a committed amount of US$1.2 billion for six years. A further US$500 million is available with the lenders’ consent and additional reserves. The facility is to be used for general purposes and replaces the existing facility put in place in Q1 2012.

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Tags:  Ashurst