Squire Sanders announces the appointment of partner Matthew Doughty, who joins the firm’s Corporate and Corporate Finance practice in London from Dorsey & Whitney.
Tags: Squire Patton Boggs
Simpson Thacher Represents the Special Committee of the Board of Directors of Clearwire in its Recently Increased $5.00 Per Share Merger Agreement with Sprint
The Firm is representing the Special Committee of the Board of Directors of Clearwire Corporation (NASDAQ: CLWR) in connection with the Special Committee’s review of strategic alternatives available to the Company, including a recently increased proposal from Sprint Nextel Corporation (NYSE: S) to acquire the remaining shares of Clearwire that Sprint does not already own, which has resulted in an amended merger agreement between Clearwire and Sprint providing for the acquisition by Sprint of such Clearwire shares for $5.00 per share, or approximately $3.9 billion for such stake. The revised transaction values Clearwire at more than $14 billion. This increased merger consideration represents a 14 percent premium to the $4.40 per share DISH Network (“DISH”) tender offer and a 47 percent premium to Sprint’s previous agreement at $3.40 per share announced on May 21, 2013. The transaction is subject to customary closing conditions, including regulatory approvals and the approval of Clearwire’s stockholders, including the approval of a majority of Clearwire stockholders not affiliated with Sprint or SoftBank. The closing of the transaction is also contingent on the consummation of Sprint’s previously announced transaction with SoftBank.
Tags: Simpson Thacher & Bartlett LLP | New York
Norton Rose Fulbright Advises on Sale of Leading Dairy Company in West Africa
Global legal practice Norton Rose Fulbright has advised the owners of Fan Milk International A/S (FMI), a Danish dairy company in relation to the sale of FMI to the Abraaj Group, a Dubai buyout firm managing $7.5 billion of assets.
Tags: Norton Rose FulbrightRenowned Tax Adviser Alexander Hemmelrath Joins Norton Rose Fulbright as Partner
Global legal practice Norton Rose Fulbright is pleased to announce that Prof. Dr. Alexander Hemmelrath will join the practice’s German offices as a partner, effective July 1, 2013.
Tags: Norton Rose Fulbright
Bird & Bird Strengthens International Finance Practice
Bird & Bird is pleased to announce that it has appointed Bernhard Gemmel as a partner within its international Banking and Finance practice group. He will join the Frankfurt office on 1st July 2013. Bernhard was previously a partner at Dentons in Frankfurt; before joining Dentons, Bernhard was a partner at Shearman & Sterling and Beiten Burkhardt.
Tags: Bird & Bird LLP
Jones Day New York Strengthens Private Equity Practice with New Partner Brien Wassner
The global law firm Jones Day is pleased to announce that Brien Wassner has joined the Private Equity Practice as a partner in the New York Office. Mr. Wassner arrives from Winston & Strawn, where he served as a partner advising on domestic and international corporate transactions, infrastructure and energy projects, and related matters.
Tags: Jones Day | New York
Baker & McKenzie Advises Sumitomo Corporation on its Investment in Three Mega-Solar Power Plants in Japan
Baker & McKenzie (Gaikokuho Joint Enterprise) is advising Sumitomo Corporation (“Sumitomo”) on their plans to develop and invest in three mega-solar power projects in Japan. These projects will require an investment of JPY18 billion with the goal of securing a combined generation capacity of 49 MW.
Tags: Baker McKenzie | TokyoBaker & McKenzie Advises McCormick on Its Acquisition of Wuhan Asia-Pacific Condiments for US$147 Million
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 Adds Restructuring Lawyer in Chicago
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 Represents Capita Asset Services as Servicer of EUR2 Billion Secured Loan
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