Baker & McKenzie advised Aer Rianta International cpt (ARI), an Irish state-owned travel retail company, on the sale of its 33.3% shareholding in Aerofirst, the Moscow-based airport retail operation, to Arial, ARI’s fellow shareholder in Aerofirst, which owns the remaining 66.6% stake.
Tags: Baker McKenzie | Moscow
Goodwin Procter, a national Am Law 50 firm, announced today that Grant P. Fondo has joined the firm’s Silicon Valley office as a partner in its Securities Litigation & White Collar Defense Group. Fondo comes to Goodwin from the U.S. Attorney’s Office for the Northern District of California, where he served as an Assistant U.S. Attorney in its Criminal Division for nearly five years. He will focus on representing technology, life sciences and venture capital clients in a wide range of litigation and investigative matters.
Tags: Goodwin Procter LLP | Silicon Valley
Adding a major talent to its top-ranked Advertising and Marketing group, Venable LLP announced that Po Yi, formerly Vice President and Chief Advertising Counsel for American Express and an authority on branded content, sponsorship, media integration, and digital and social media marketing, has joined the firm as a partner in the New York office.
Tags: Venable LLP | New York
The Firm represented affiliates of Blackstone Real Estate Partners VII (collectively, “Blackstone”) in connection with its investment in a joint venture with Kimco Realty Corp. (NYSE: KIM). Blackstone acquired a 67 percent interest in the shopping center portfolio from affiliates of the UBS Wealth Management North American Property Fund, while Kimco increased its ownership interest in the joint venture to 33 percent from its previous 18 percent interest. Both of these transactions were based on a gross purchase price of approximately $1.1 billion including approximately $631 million of assumed debt. The joint venture comprises 39 retail properties totaling approximately 5.6 million square feet.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing The Blackstone Group in connection with the announced merger of Vanguard Health Systems, Inc. (NYSE:VHS) and Tenet Healthcare Corporation (NYSE:THC). Investment funds affiliated with Blackstone own approximately 37.75% of the issued and outstanding shares of common stock of Vanguard. Under the terms of the merger agreement, Tenet will acquire all of the issued and outstanding shares of common stock of Vanguard for $21 in cash per share. The acquisition is valued at $4.3 billion, which includes the assumption of $2.5 billion in debt. The transaction is subject to the satisfaction of customary closing conditions and regulatory approvals and is expected to close before the end of 2013.
Tags: Simpson Thacher & Bartlett LLP | New York
Rosetta B. Packer, an attorney known for her work advising financial institutions and commercial finance companies in workouts and restructuring matters, has joined Ballard Spahr as a partner in the Philadelphia office, firm Chair Mark Stewart announced today.
Tags: Ballard Spahr LLP
Douglas Bria has joined Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, as a shareholder in the San Francisco office. Bria, previously a partner in Jackson Lewis LLP’s San Francisco office, has extensive experience in employment litigation matters, including class actions and complex litigation, e-Discovery, general employment litigation and wage and hour compliance. Bria’s arrival coincides with the addition of another former Jackson Lewis partner, JoAnna Brooks, who also joined Littler last week.
Tags: Littler Mendelson P.C. | San Francisco
Davis Polk advised Himax Technologies, Inc. (Himax) on an SEC-registered secondary offering by selling shareholder Innolux Corporation of 25,399,753 of American Depositary Shares (ADSs) representing 50,799,506 ordinary shares of Himax (including ADSs sold pursuant to the underwriters’ over-allotment option). The total proceeds of the offering were approximately $133.3 million. The ADSs are listed on the NASDAQ Global Select Market under the symbol “HIMX.” Citigroup Global Markets Inc. acted as global coordinator for the offering and Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Chardan Capital Markets, LLC and Credit Suisse Securities (USA) LLC acted as joint bookrunners for the offering. Oppenheimer & Co. Inc., Rosenblatt Securities Inc. and Craig-Hallum Capital Group LLC acted as co-managers of the offering.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk advised Quicksilver Resources Inc. (Quicksilver) in connection with its offering of $325 million aggregate principal amount of 11% senior notes due 2021, its offering of $200 million aggregate principal amount of second-lien senior secured floating-rate notes due 2019, and the concurrent closing of its $625 million second-lien term loan agreement. The notes were sold pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Citigroup Global Markets Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as book-running managers and representatives of several initial purchasers in connection with a Rule 144A/Regulation S offering of senior notes by Ingersoll-Rand Global Holding Company Limited. The offering consisted of $350 million principal amount of 2.875% notes due 2019, $700 million principal amount of 4.25% notes due 2023 and $500 million principal amount of 5.75% notes due 2043. The notes are guaranteed by Ingersoll-Rand Company Limited, Ingersoll-Rand International Holding Limited and Ingersoll-Rand public limited company.
Tags: Davis Polk & Wardwell LLP | New York