Davis Polk is advising H. J. Heinz Company on its $28 billion acquisition by an investment consortium comprised of Berkshire Hathaway and 3G Capital, the largest transaction ever in the food industry. The transaction, which is expected to close in the third quarter of 2013, is subject to approval by Heinz’s shareholders, receipt of regulatory approvals and other customary closing conditions.
Tags: Davis Polk & Wardwell LLP | New YorkThe law firm of Ober|Kaler announced today that Diane Shapiro Richer has joined the firm’s Real Estate and Finance Groups as a principal in the DC office.
Chadbourne & Parke LLP represented the AES Corporation in a sale of its interests in two Ukrainian power distribution companies, AES Kyivoblenergo and AES Rivneoblenergo, to VS Energy International. AES Kyivoblenergo and AES Rivneoblenergo supply electricity to customers in industrial, residential, agricultural and energy sectors in Kyiv and Rivne regions respectively.
Greenberg Traurig represented the Joint Global Coordinators Citigroup Global Markets Limited, DMBH, Société Générale, UBS and Deutsche Bank AG, London Branch, and the Joint Bookrunners: DM PKO BP, DI BRE, DM BZ WBK and Wood&Co in the PLN 238.6 million IPO of Polski Holding Nieruchomości (PHN). The shares began trading on the Warsaw Stock Exchange. This is the first IPO in Poland in 2013.
Tags: Greenberg Traurig, LLP
The Firm represented KION Finance S.A. in connection with its Rule 144A and Regulation S offering of €650 million aggregate principal amount of senior secured notes, consisting of €450 million principal amount of 6.75% senior secured notes due 2020 and €200 million principal amount of senior secured floating rate notes due 2020. Proceeds of the offering were used to refinance existing indebtedness.
Tags: Simpson Thacher & Bartlett LLP
Kelly Martin Malone joined the firm as a Partner in the Professional Practices, Insurance & Tort Litigation, Environmental Litigation and Business Litigation Groups.
Tags: Donovan Hatem LLP
Skadden advised Barclays Bank PLC, Citigroup Global Markets Limited, ING Bank N.V., London Branch, and the Royal Bank of Scotland plc in connection with the offering by VimpelCom Holdings B.V. in three tranches of US$600 million notes due 2019, US$1 billion notes due 2023 and RUB12 billion notes due 2018, which closed on February 13. More >>
Tags: Skadden, Arps, Slate, Meagher & Flom LLP
Constellation Brands, Inc. (NYSE: STZ, STZ.B) today announced a revised agreement with Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) that establishes Crown Imports as the number-three producer and marketer of beer in the U.S. through a complete divestiture of Grupo Modelo’s (BMV: GMODELOC) U.S. business. Constellation will acquire 50% of Crown it does not own for $1.85 billion in a transaction that establishes Crown as a fully owned entity of Constellation. The transaction also provides Constellation with independent brewing operations, Modelo’s full profit stream from all U.S. sales, and rights in perpetuity to the Grupo Modelo brands distributed by Crown in the U.S.
Tags: Nixon Peabody LLP
Scot Anderson and David Brody were hired for the energy practice group of Hogan Lovells in Denver. The recruitment represents continued growth of the firm’s energy presence in the area.
Tags: Hogan Lovells | Denver
On the heels of last week’s expansion of its financial institutions practice with the addition of four lawyers, King & Spalding has recruited Jesse H. Austin, III, as a partner in that practice. Austin, a lending-side bankruptcy and restructuring lawyer, comes to King & Spalding from Paul Hastings. He joins partners Chris D. Molen and J. Craig Lee, who arrived at King & Spalding from Austin’s former firm last week, along with senior associate Chadwick M. Werner and associate Maria Danielle Merritt.
Tags: King & Spalding LLP