Simpson Thacher Represents The Mosaic Company in Phosphate Joint Venture in Saudi Arabia

Simpson Thacher represented The Mosaic Company (“Mosaic”) (NYSE: MOS) in connection with its investment in a joint venture to produce phosphate in Saudi Arabia.  The $7 billion project will be 60% owned by Saudi Arabian Mining Company (“Ma’aden”), 25% by Mosaic and 15% owned by petrochemical company Saudi Basic Industries Corporation (“SABIC”).  Mosaic’s role will be to help design, build and operate the project, in exchange for one quarter of the project’s production.  Subject to final financing terms, Mosaic’s cash investment is expected to be up to $1 billion, funded over a four-year period beginning in 2013.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents ANA Holdings Inc. in Its Acquisition of Pan Am Holdings, Inc. and Its Subsidiaries, Including Pan Am International Flight Academy, Inc., for $139.5 Million

The firm is representing ANA Holdings Inc. in connection with the $139.5 million (approximately JPY 13.7 billion) acquisition of Pan Am Holdings, Inc. (“Pan AM”) and its subsidiaries, including Pan Am International Flight Academy, Inc., from American Capital, Ltd. (“ACAS”), affiliates of ACAS and other Pan Am shareholders. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close by the end of 2013.

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Tags:  Simpson Thacher & Bartlett LLP | Tokyo

ITC Patent Litigation Group Joins Winston & Strawn’s Premier Intellectual Property Practice

Winston & Strawn LLP has announced that 10 attorneys focused on litigating complex technology patent cases before the U.S. International Trade Commission are expected to join the firm’s highly regarded intellectual property practice. John R. Alison, Steven M. Anzalone, Paul C. Goulet, and Thomas L. Jarvis have joined the firm as partners based in Winston & Strawn’s Washington, D.C. office and are assembling a team of additional experienced attorneys and support staff for these high demand litigations.

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Tags:  Winston & Strawn LLP

White & Case Advises Ruwais Power Company and Its Sponsors on US$825,000,000 Bonds Issuance and Related Refinancing of the US$2.3 Billion Shuweihat 2 Project

Global law firm White & Case LLP has advised Ruwais Power Company PJSC and its sponsors – shareholders Abu Dhabi National Energy Company PJSC, Abu Dhabi Water and Electricity Authority, International Power S.A., Marubeni Corporation and Osaka Gas Co., Ltd – on the inaugural issuance of US$825,000,000 6 percent Senior Secured Bonds due 2036 and the related refinancing of the US$2.3 billion Shuweihat 2 IWPP.

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Tags:  White & Case LLP

Polsinelli Expands International Corporate Practice Presence

Polsinelli welcomes experienced attorney Gemma L. Descoteaux to the firm’s Dallas office as a shareholder where she will concentrate her practice on corporate matters, including acquisitions, divestitures, strategic alliances and joint ventures, technology and outsourcing arrangements and other sophisticated commercial transactions in a wide variety of industries. Prior to joining Polsinelli, Descoteaux worked for several major technology firms, including Texas Instruments.

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Tags:  Polsinelli PC | Dallas

Davis Polk – LyondellBasell Industries N.V. $1.1 Billion Block Trade

Davis Polk advised Barclays Capital Inc. as the underwriter in connection with an SEC-registered block trade of 16,500,000 ordinary shares of LyondellBasell Industries N.V. by funds affiliated with Apollo Management Holdings, L.P. The net proceeds of the offering to Apollo were approximately $1.1 billion. The ordinary shares are listed on the New York Stock Exchange under the symbol “LYB.”

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Tags:  Davis Polk & Wardwell LLP | New York