International law firm Freshfields Bruckhaus Deringer has advised MSC Mediterranean Shipping Company SA, the number two global container shipping line, on its sale of 35 percent of Terminal Investment Limited SA (“TIL”) to Global Infrastructure Partners and a group of its LP co-investors. The consideration is US$1.929 billion, including certain payments contingent on TIL’s future performance.
Tags: Freshfields LLPInternational law firm Freshfields Bruckhaus Deringer has advised CVC Capital Partners and Indonesian department store operator PT Matahari Department Stores Tbk on the US$1.3 billion global offering of approximately 40% of the issued share capital of Matahari Department Stores by CVC and PT Multipolar Tbk. The deal attracted 15 cornerstone investors, who together purchased approximately 33% of the offering.
Tags: Freshfields LLP | Singapore
Sam S. Sheldon, formerly Deputy Chief of the Criminal Fraud Division and head of the Health Care Fraud Unit of the U.S. Department of Justice, has joined the firm as a partner in its Washington, D.C. office, where he heads the new Health Care Fraud Group.
Tags: Quinn Emanuel Urquhart & Sullivan, LLP
Cahill represented Wells Fargo Securities, J.P. Morgan, Barclays and Citigroup as joint book-running managers in connection with the Rule 144A/Reg S offering of $3,100,000,000 aggregate principal amount of 4.25% Second Lien Senior Secured Notes due 2020 by Hawk Acquisition Sub. Inc., to be merged with and into H.J. Heinz Company.
Tags: Cahill Gordon & Reindel LLP | New YorkCahill represented Bank of America as administrative agent and lead arranger in connection with the $610,000,000 credit facilities comprised of a $460,000,000 Term B loan and revolver and a $150,000,000 Second Lien Term B loan for Berlin Packaging L.L.C.
Tags: Cahill Gordon & Reindel LLP | Germany
Wragge & Co has increased its international IP offering with the appointment of Dr. Caroline Cichon as a new partner in Munich. Dr.Caroline Cichon joins the firm from Bird & Bird. Her appointment and the promotion of brands specialist Kate Swaine in the UK take the total number of IP partners at the firm to 13.
Tags: Gowling WLG | Germany
Cravath represented the underwriters, J.P. Morgan Securities, Credit Suisse, BofA Merrill Lynch and Goldman, Sachs & Co., in connection with the US$300 million registered high‑yield senior debt offering of Navistar International Corporation, a leading manufacturer of commercial and military trucks, buses, diesel engines and recreational vehicles. The transaction closed on April 2, 2013.
Tags: Cravath, Swaine & Moore LLP | New York