The Firm is representing J.P. Morgan Securities LLC and Barclays Bank PLC in connection with $12.5 billion in bridge financing to Thermo Fisher Scientific Inc. in its announced acquisition of Life Technologies Corporation. The proceeds of the bridge facility will be available to finance the acquisition, to repay certain indebtedness of Life Technologies and to pay fees and expenses related thereto.
Tags: Simpson Thacher & Bartlett LLP | New York
Davis Polk advised iKang Guobin Healthcare Group, Inc. in connection with its issuance and sale of convertible redeemable series F preferred shares to Goldman Sachs (GS) and Government of Singapore Investment Corporation (GIC). GS and GIC’s total investment amount was approximately US$100 million.
Tags: Davis Polk & Wardwell | BeijingDavis Polk advised the underwriters in connection with an initial public offering of 6,900,000 shares of common stock of Rally Software Development Corp. (including 900,000 shares in respect of the exercise in full of the underwriters’ option to purchase additional shares) at $14.00 per share for gross proceeds of $96.6 million. Deutsche Bank Securities Inc. and Piper Jaffray & Co. acted as lead book-running managers and Needham & Company, LLC, JMP Securities LLC and William Blair & Company, L.L.C. acted as co-managers. Rally Software’s common stock is traded on the New York Stock Exchange under the symbol “RALY.”
Tags: Davis Polk & Wardwell | Silicon Valley
Sidley advised Flextronics International in the acquisition of Motorola Mobility’s manufacturing operations in Tianjin, China, and assumption of the management and operation of its Jaguariuna, Brazil facility.
Tags: Sidley Austin LLP | Beijing
International law firm DAC Beachcroft has added a top-rated Professional Indemnity team in south Wales, led by Partner Clare Hughes-Williams.
Tags: DAC Beachcroft LLP
Cahill represented the underwriters in connection with the sale of 28,789,943 shares of common stock of EVERTEC, Inc. (NASDAQ: EVTC) resulting in gross proceeds of approximately $575,800,000.
Tags: Cahill Gordon & Reindel LLP | New York
International law firm Berwin Leighton Paisner (BLP) has advised long-standing client Playtech on the sale of its 29% stake in William Hill Online (WHO) to William Hill Plc for £424m.
Tags: Berwin Leighton Paisner LLP
Haynes and Boone, LLP New York welcomes Frank Vivero as a partner in the firm’s Corporate Practice Group focusing on international transactions.
Tags: Haynes and Boone, LLP | New York
The national law firm of Quarles & Brady LLP announced that James I. Kaplan has joined the firm’s Chicago office as a partner in the Corporate Services Practice Group.
Tags: Quarles & Brady LLP