Willkie Advises Rockwood on $1.98 Billion Sale of CeramTec

As reported widely in the press, Willkie client Rockwood Holdings, Inc. announced on June 16 that it entered into a definitive agreement to sell CeramTec, its advanced ceramics business, to Cinven, a European private equity firm, for €1.49 billion (approx. $1.98 billion). The transaction is expected to close during the third quarter of 2013 upon certain regulatory approvals, including EU competition clearance.

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Tags:  Willkie Farr & Gallagher LLP | New York

Paul Hastings Wins Trade Secrets Victory for Lotte Chemical Corp.

Paul Hastings, a leading global law firm, announced today that it led its client Lotte Chemical Corporation (“Lotte”), a member company of the Lotte Group and previously known as Honam Petrochemical to a complete dismissal with prejudice of a complex international Intellectual Property dispute in the United States District Court for the Middle District of Alabama Northern Division.

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Tags:  Paul Hastings, LLP

Simpson Thacher Represents J.P. Morgan and Bank of America in Connection with the Committed Financing of IHS Inc.’s Acquisition of R. L. Polk & Co./Carfax

Simpson Thacher is representing JPMorgan Chase Bank, N.A. as administrative agent and J.P. Morgan Securities LLC as lead arranger and bookrunner in connection with the $680 million committed financing for the $1.4 billion acquisition of R.L. Polk & Co. by IHS Inc. The acquisition is expected to be consummated later this year.

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Tags:  Simpson Thacher & Bartlett LLP | New York