Wong & Partners, the Malaysian member firm of Baker & McKenzie International, acted for BIMB Holdings Berhad (“BHB”) in connection with the proposed acquisition of a 49% stake in Bank Islam Berhad, Malaysia’s original Islamic bank, from the Dubai Financial Group LLC and Lembaga Tabung Haji for a total purchase consideration of approximately USD885 million (RM2.8 billion).
Tags: WongPartnership LLP
Cooley Represents Trius Therapeutics in Acquisition by Cubist Pharmaceuticals
Cooley LLP announced today that it represented Trius Therapeutics in its acquisition by Cubist Pharmaceuticals. The total transaction is valued at up to $818 million.
Tags: Cooley LLP
Recognized Securities, Corporate Governance Litigator Michael Charlson Joins Vinson & Elkins
Highly-regarded securities litigation and enforcement lawyer, Michael Charlson, who handles the full spectrum of securities work for pharmaceutical, technology and financial services clients, has joined Vinson & Elkins LLP in San Francisco.
Tags: Vinson & Elkins LLP | San Francisco
Clark G. Sullivan Joins Troutman Sanders’ New York Office
Troutman Sanders LLP is pleased to announce that intellectual property lawyer Clark G. Sullivan has joined the firm as a partner in the New York office.
Tags: Troutman Pepper Hamilton Sanders LLP | New York
Simpson Thacher Represents Grosvenor Capital Management in its Announced Acquisition of CFIG from Credit Suisse
The Firm is representing Grosvenor Capital Management, L.P. (“Grosvenor”) in connection with its announced agreement to acquire Customized Fund Investment Group (“CFIG”) from Credit Suisse Group AG (NYSE: CS). Following the completion of the transaction, CFIG will be renamed the GCM Customized Fund Investment Group, and will operate as a subsidiary of Grosvenor and maintain its New York headquarters. The combined firm will have over $40 billion in assets under management and 400 professionals across the globe. Terms of the transaction were not disclosed.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents Travelex on its £350 Million Senior Secured Notes Offering and Revolving Credit Facility
Simpson Thacher represented a finance subsidiary of Travelex in connection with a Rule 144A and Regulation S offering of £200 million aggregate principal amount of its 8% Senior Secured Notes due 2018 and £150 million aggregate principal amount of its Senior Secured Floating Rate Notes due 2018. Additionally Simpson Thacher represented a subsidiary of Travelex in connection with its entry into a new £90 million Revolving Credit Facility. The transaction closed on August 1, 2013. Travelex used the net proceeds from this offering to refinance outstanding indebtedness.
Tags: Simpson Thacher & Bartlett LLP
Former Coventry Healthcare General Counsel Joins Morgan Lewis
Morgan Lewis announced today that Thomas Zielinski—former executive vice president and general counsel at Coventry Health Care, Inc.—has joined the firm as a partner in its Litigation Practice, resident in Philadelphia.
Tags: Morgan, Lewis & Bockius LLP
White & Case Expands UK and European Private Equity Practice
Global law firm White & Case LLP has strengthened its UK and European private equity practice with the addition of partner Ross Allardice in the London office.
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Paul Hastings Advises GE Capital Markets in Financing Arbor Investments’ Acquisition of Keyes Group
Paul Hastings, a leading global law firm, announced today that the firm represented the lead arranger, GE Capital Markets, Inc. in connection with the financing related to Arbor Investments Management, LLC’s acquisition of Keyes Group Holdings, LLC and certain of its subsidiaries, including Keyes Fibre Corporation and Wrap Pack, Inc.
Tags: Paul Hastings, LLP | New York
Norton Rose Fulbright Acts in Multi-Billion Dollar Myanmar Telecoms Rollout
Norton Rose Fulbright has been appointed as lead international counsel to support Ooredoo (formerly Qatar Telecom) in the greenfields deployment of a multi-billion dollar mobile telecoms network in Myanmar (Burma). The project is one of the leading telecoms projects in the world at present.
Tags: Norton Rose Fulbright | Singapore