Paul Hastings LLP, a leading global law firm, represented Credit Suisse, Citi and Morgan Stanley as initial purchasers in connection with Grupo Sanborns’ initial public offering made internationally pursuant to Rule 144A and Regulation S and on the Mexican Stock Exchange. Grupo Sanborns is the flagship company of the Carlos Slim empire and one of the most iconic and well-known brands in Mexico.
Tags: Paul Hastings, LLP | New York
On February 14, H.J. Heinz Company, the iconic maker of ketchup and other food products, announced that it has entered into a definitive merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital in a transaction valued at $28 billion, including the assumption of Heinz’s outstanding debt. Willkie represented BofA Merrill Lynch, financial advisor to Heinz, in the transaction. Under the terms of the agreement, which has been unanimously approved by Heinz’s Board of Directors, Heinz shareholders will receive $72.50 in cash for each share of common stock they own.
Tags: Willkie Farr & Gallagher LLP | New York
Leading international legal practice Norton Rose has appointed Kirsty Hick as a litigation and dispute resolution partner in the London office. Kirsty will join from CMS Cameron McKenna.
Tags: Norton Rose Fulbright
Davis Polk is advising CNOOC Ltd. in connection with its proposed $15.1 billion acquisition of Canadian energy company, Nexen, Inc., including clearing the transaction through the Committee on Foreign Investment in the United States (CFIUS). If completed, the transaction would be the largest foreign acquisition by any Chinese company. CNOOC is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world. Nexen is an independent, Canadian global energy company, listed on the Toronto and New York stock exchanges under the symbol “NXY.”
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk is advising NBCUniversal Media, LLC in connection with its acquisition from LIN TV Corp. of LIN’s entire equity interest in the joint venture between NBCUniversal and LIN.
Tags: Davis Polk & Wardwell LLP | New YorkDavis 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