Baker & McKenzie’s M&A team recently advised McCormick & Company, Incorporated (“McCormick”), a global leader in flavor, on its agreement to purchase 100% of the assets of Wuhan Asia-Pacific Condiments Co., Ltd. (“WAPC”), a privately held company based in China, for approximately RMB900 million (US$147 million).
Tags: Baker McKenzie | Shanghai
McGuireWoods LLP today announced that Brian Swett has joined the firm’s Restructuring and Insolvency Department as a partner in Chicago. He will focus on representing senior secured lenders and other stakeholders in business restructurings and insolvencies, both in and out of court.
Tags: McGuireWoods LLP
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Capita Asset Services (Ireland) Limited and Capita Asset Services (UK) Limited (together, “Capita Asset Services”) as servicer and special servicer of the loan in relation to the securitisation of a EUR1.99 billion loan secured on multifamily residential properties located in Germany.
Tags: Paul Hastings, LLP
Jenner & Block recently represented General Motors in a $1.7 billion underwritten secondary offering of GM common stock by the U.S. Department of the Treasury and the UAW Retiree Medical Benefits Trust (VEBA). In the offering, the U.S. Treasury sold 30 million shares of GM common stock and received proceeds of approximately $1.03 billion, and the VEBA sold 20 million shares of GM common stock and received proceeds of approximately $688 million. The offering priced on June 6, 2013 and was completed on June 12, 2013, with the timing of the pricing coinciding with the addition of GM to the S&P 500®index.
Tags: Jenner & Block, LLP
Perkins Coie is pleased to announce that Allan E. Low has joined the firm’s San Francisco office as a partner in the Real Estate practice. Low was most recently a partner at Nixon Peabody LLP.
Tags: Perkins Coie LLP | San Francisco
International law firm Clifford Chance has advised Eurasian Resources Group on its £3 billion offer for the entire issued and to be issued share capital of Eurasian Natural Resources Corporation PLC (ENRC).
Tags: Clifford Chance LLP
Herbert Smith Freehills has advised Lend Lease Singapore on the successful launch of the Lend Lease JEM Partners Fund. The fund has been established to acquire Lend Lease’s 25% equity interest in JEM, a significant retail and office asset in Singapore which opened for trading on Saturday. Herbert Smith Freehills also advised on the sale of the asset to the fund for around S$227 million (approx. A$189 million).
Tags: Herbert Smith Freehills LLP | Singapore
International law firm McDermott Will & Emery today announced the appointment of A. Marisa Chun as a partner in the Firm’s Trial Practice Group, based in Silicon Valley.
Tags: McDermott Will & Emery LLP | Silicon Valley
Katten Muchin Rosenman LLP announced today that Terance A. Gonsalves has joined Katten as a partner in the firm’s Litigation practice, where he will focus on complex litigation, regulatory and compliance matters.
Tags: Katten Muchin Rosenman LLP
Allen & Overy advised the Russian state-owned banks, Sberbank of Russia and VTB Capital plc (the investment banking division of JSC VTB Bank), as arrangers and lenders under a USD1.7bn public-to-private acquisition financing facility and related refinancing facilities totalling USD1.75bn on the forthcoming public offer for the ordinary shares of Eurasian Natural Resources Company plc (LSE: ENRC) by Eurasian Resources Group B.V., which was announced to the London Stock Exchange on 24 June 2013.
Tags: Allen & Overy LLP | Moscow