Leading international law firm Osborne Clarke has hired IP litigation expert Lorna Brazell from Bird & Bird, where she has been a Partner since 2001.
Tags: Osborne Clarke
Simpson Thacher Represents Bank of America, N.A. and the Joint Lead Arrangers in Connection with Acquisition Financing for ARRIS Group, Inc.’s Acquisition of the Motorola Home Business from a Subsidiary of Google Inc.
Simpson Thacher recently represented Bank of America, N.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated and the other Joint Lead Arrangers in connection with a $2.175 billion Credit Agreement in connection with the acquisition by ARRIS Group, Inc. of the Motorola Home Business from a Subsidiary of Google Inc. ARRIS paid Google approximately $2.2 billion in cash and issued Google 10.6 million shares of ARRIS common stock in connection with the transaction. The cash portion of the consideration was funded through syndicated debt financing and the sale by ARRIS of 10.6 million ARRIS shares to Comcast Corporation. As a result of these securities transactions, Google and Comcast each hold approximately 7.7% of ARRIS’s currently outstanding shares. ARRIS is a video and broadband technology company.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents J.P. Morgan and Barclays in $12.5 Billion Bridge Financing to Thermo Fisher Scientific in Connection with Thermo Fisher’s Acquisition of Life Technologies
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
Ashurst Welcomes Return of David Williamson
Davis Polk Advises iKang on Its Issuance and Sale of US$100 Million of Preferred Stock
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 LLP | BeijingDavis Polk – Rally Software Initial Public Offering
Davis 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 LLP | Silicon Valley
Sidley Austin LLP Advises Flextronics on Acquisition of Motorola Mobility Manufacturing Operations
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
DAC Beachcroft Acquires Leading Professional Indemnity Team in Newport
International law firm DAC Beachcroft has added a top-rated Professional Indemnity team in south Wales, led by Partner Clare Hughes-Williams.
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Cahill Represents Underwriters in $575 million Common Stock Offering by EVERTEC
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
BLP Advises Playtech on £424m Sale of Stake in Wlliam Hill Online
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