Cooley Antitrust Team Helps Clear Tesoro for $1.075 Billion Acquisition

Cooley LLP announced today that its antitrust team successfully persuaded the Federal Trade Commission (FTC) and California Attorney General to close their nine month investigation of Tesoro Corporation’s proposed $1.175 billion acquisition of British Petroleum’s Southern California Refining and Marketing business. Cooley represented Tesoro on the antitrust aspects of the acquisition.

More >>

Tags:  Cooley LLP

Simpson Thacher Represents Vingroup in Connection with Strategic Investment by Warburg Pincus in Vincom Retail

The Firm is representing Vingroup Joint Stock Company, Vietnam’s largest private-sector real estate operator, in connection with definitive agreements by a consortium led by an affiliate of Warburg Pincus to make a $200 million investment in Vincom Retail. The definitive agreements also include a commitment from Warburg Pincus to participate in future capital raising by Vingroup in an amount of up to US$25 million, and an opportunity for the consortium to invest an additional US$100 million in Vincom Retail to expand the platform and explore future retail property-related opportunities.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Simpson Thacher Represents Oaktree Capital Group, LLC in Follow-On Offering of Its Class A Units

Simpson Thacher represented Oaktree Capital Group, LLC in the registered follow-on offering of 8.05 million Class A units representing limited liability company interests. Morgan Stanley, BofA Merrill Lynch and Credit Suisse were the joint global coordinators for the approximately $431 million offering. Oaktree intends to use all of the net proceeds from the offering to acquire interests in its business from certain of its directors, employees and other investors.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Los Angeles

Arent Fox Opens San Francisco Office

Arent Fox is proud to announce the opening of its new San Francisco office in the KPMG Building at 55 Second Street in the city’s Financial District. As a result of client demand, the firm will expand into Northern California with its nationally recognized Automotive, Communications, Mobile & Technology, Complex Litigation, Corporate & Securities, Health Care, Intellectual Property, Real Estate, and Sports practices.

More >>

Tags:  ArentFox Schiff LLP | San Francisco

Paul Hastings Represents Grupo Famsa, S.A.B. de C.V. in $250 Million Notes Offering and $200 Million Notes Buyback

Paul Hastings LLP, a leading global law firm, represented Grupo Famsa, S.A.B. de C.V., a leading company in the Mexican retail and finance sectors, in connection with its international issuance of high-yield debt securities. The offering was underwritten by Credit Suisse and Citigroup and involved the issuance of $250 million of 7.250% Senior Notes due 2020 pursuant to Rule 144A and Regulation S. This transaction marks the first international notes offering by Grupo Famsa since 2010.

More >>

Tags:  Paul Hastings, LLP | New York

Dorsey Adds Justice Department Environmental Veteran in Washington, DC

International law firm Dorsey & Whitney LLP announced today that Thomas A. Lorenzen has joined the Regulatory Affairs group in the Firm’s Washington, D.C. office as a partner. Mr. Lorenzen joins Dorsey from the U.S. Department of Justice’s Environment and Natural Resources Division, where he has been an Assistant Chief since 2004. During that time, he supervised the federal government’s legal defense of all Environmental Protection Agency rules, regulations and other final actions judicially reviewable under the various federal pollution control statutes.

More >>

Tags:  Dorsey & Whitney LLP

Osborne Clarke Opens 14th Office, in Brussels

Osborne Clarke has expanded its international organisation, with a ten-strong team opening an office in Brussels. With the addition of Brussels Osborne Clarke’s international organisation now has 14 offices in six jurisdictions. The team will be joined by members of OC’s EU Regulatory team, which will use the office as a base.

More >>

Tags:  Osborne Clarke