Paul Hastings Represents International Underwriters in SEC-Registered Secondary Global Offering of OMAs Shares and ADRs

Friday, July 12, 2013

Paul Hastings LLP, a leading global law firm, represented BofA Merill Lynch (Global Coordinator), BBVA, Santander, Barclays and Morgan Stanley as Joint Bookrunners in connection with the SEC registered secondary offering by Aeroinvest, S.A. de C.V. of shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMA). OMA, which is listed on NASDAQ (OMAB) and the Mexican Stock Exchange (OMA), operates, maintains and develops 13 airports in Mexico, concentrated in the country’s central and northern regions, including Monterrey.  The shares and ADRs were sold by a subsidiary of ICA, the largest infrastructure company in Mexico.

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Tags:  Paul Hastings, LLP | New York

Ashurst Advises Founding Shareholder on the Proposed Sale of Cinema and Film Distributorship Business to the Lai Sun Group

Friday, July 12, 2013

Ashurst acted for Lai’s Holdings (LHL), the founding shareholder of Kadokawa Intercontinental Group Holdings Limited (KIGH), on the proposed sale of the KIGH Group to Hong Kong-listed companies within the Lai Sun Group. eSun will acquire an 85 per cent. stake in the KIGH Group and Lai Sun will acquire a 100 per cent. stake in the properties currently held by the KIGH Group. As part of this transaction, Toyko-listed shareholder Kadokawa Corporation will sell all its stake in KIGH Group to the same buyers.  The total consideration involved is about HK$342 million.  LHL will remain a minority shareholder of the KIGH Group after closing.

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Tags:  Ashurst | Hong Kong

Duane Morris Boston Office Adds Corporate Partner Jonathan Lourie

Thursday, July 11, 2013

Duane Morris is pleased to announce that Jonathan Lourie has joined the firm’s Corporate Practice Group as a partner in the firm’s growing Boston office. Lourie’s arrival further strengthens Duane Morris’ corporate capabilities, particularly in the areas of life sciences, new media and technology transactions. Lourie joins the firm from Edwards Wildman. Lourie is the third lawyer to join the Boston office in the past two months, including Daniel B. Winslow, a Massachusetts state representative who rejoined the firm in June.

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Tags:  Duane Morris LLP

Simpson Thacher Represents J.P. Morgan in $850 Million Offering of Global Depositary Shares by Fubon Financial Holding

Thursday, July 11, 2013

Simpson Thacher recently represented J.P. Morgan in connection with the offering by Fubon Financial Holding Co., Ltd. (“Fubon”) of US$850 million global depositary shares. Fubon is a leading financial holding company in Taiwan and its common shares are traded on the Taiwan Stock Exchange under the trading code “2881”. The global depositary shares are listed on the Luxembourg Stock Exchange. This transaction was the largest equity offering by a Taiwanese company since the financial crisis in 2008.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong