SH Appoints New Pensions Partner

International law firm Stephenson Harwood LLP has appointed Graham Wrightson as a Pensions Partner in its Employment and Pensions Practice.

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Davis Polk Advises Comcast on Its Acquisition of Shares of ARRIS

Davis Polk is advising Comcast Corporation in connection with its $150 million acquisition of shares of the common stock of ARRIS Group, Inc. The issuance of shares to Comcast is conditioned on the closing of the ARRIS Group’s acquisition of the Motorola Home business from Motorola Mobility, a subsidiary of Google Inc., and other customary conditions. As a result of the transaction, Comcast and Google will each own approximately 7.85% of the outstanding ARRIS shares.

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Tags:  Davis Polk & Wardwell

Paul Hastings Advises on the FInancing for the Purchase of Planet Fitness Holdings, LLC’s Equity Interest by TSG Consumer Partners, LLC

Paul Hastings LLP, a leading global law firm, announced today that the firm represented joint book-running managers and lead arrangers, J.P. Morgan Securities LLC, BMO Capital Markets, CIT Group, OneWest Bank and U.S. Bank National Association, in connection with the financing of the acquisition of majority equity interest of Planet Fitness Holdings, LLC by TSG Consumer Partners, LLC. The financing consists of a $190.0 million term loan facility and $40.0 million revolving facility. JPMorgan Chase Bank, N.A. served as the administrative agent. BMO Capital Markets, CIT Group, OneWest Bank and U.S. Bank National Association also acted as co-syndication agents.

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Tags:  Paul Hastings LLP | New York