Davis Polk is advising GAIN Capital Holdings, Inc. in connection with its approximately $107 million acquisition of Global Futures & Forex, Ltd. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close in the third quarter of 2013.
Tags: Davis Polk & Wardwell LLP | New York
Cravath represented the initial purchasers, J.P. Morgan Securities, BofA Merrill Lynch, Barclays and Deutsche Bank Securities, in connection with the US$250 million 144A/Reg. S high‑yield senior debt offering of Affinia Group Inc., a global leader in the light and commercial vehicle replacement products and services industry. Affinia Group Inc. is a portfolio company of private equity sponsor Cypress Group L.L.C. The transaction closed on April 25, 2013.
Tags: Cravath, Swaine & Moore LLP | New York
Howard & Howard Attorneys PLLC is pleased to announce that Jim E. Morgan and John E. Zummo have joined the firm. They will both practice out of the firm’s Chicago Office.
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Gilbert + Tobin is advising GrainCorp Limited on its conditional agreement with Archer Daniels Midland Company that may lead to a takeover offer for GrainCorp, as announced earlier today.
Tags: Gilbert + Tobin
Akerman announced today that it is representing OPKO in its purchase of PROLOR, a biopharmaceutical company focused on developing and commercializing longer-acting proprietary versions of already approved therapeutic proteins. The all-stock transaction is valued at approximately $480 million and is expected to complete during the second half of 2013. Mary Carroll, chair of Akerman Senterfitt’s Corporate Practice Group and shareholder Teddy Klinghoffer are serving as lead attorneys in the deal.
Tags: Akerman LLP
Global law firm Eversheds has advised National Grid on contracts with Balfour Beatty and an unincorporated joint venture between Morrison and Skanska, for a £3.1 billion programme of works on National Grid’s gas distribution networks in the UK.
Tags: Eversheds Sutherland
A Travers Smith team led by Head of Commercial, IP and Technology, Tom Purton, and including senior associate Ben Chivers has advised Pinewood Shepperton plc (“Pinewood”) on a 50:50 joint venture agreement with Seven Stars Ltd (“Seven Stars”).
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The Houston office of global law firm K&L Gates LLP welcomes Bruce A. Blefeld and Trey A. Monsour as partners in the firm’s antitrust and restructuring & bankruptcy practices, respectively. Blefeld joins K&L Gates from Jackson Walker L.L.P., while Monsour joins from Haynes and Boone, LLP.
Tags: K&L Gates LLP | Houston
Baker & McKenzie is acting as counsel to Wheelock Properties Limited (“WPL”) on its HK$4.5 billion (US$580 million) sale of the West Tower at One Bay East, Kowloon East to Manulife (International) Limited (“Manulife”). According to property market analysts, the deal marks the largest single office tower sale & purchase transaction in Kowloon to date, and is also the second-highest price on record for a whole office tower in Hong Kong.
Tags: Baker McKenzie | Hong KongBaker & McKenzie advised CP All Plc, the local operator of 7-Eleven convenience stores in Thailand, on its approximately USD6.6 billion acquisition of a majority stake in Siam Makro Plc, the operator of Makro cash-and-carry stores in Thailand, from Netherlands-based SHV Nederland B.V., one of the world’s largest trading groups.
Tags: Baker McKenzie