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 – VimpelCom Holdings Completes Successful Bond Issuance
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
Nixon Peabody Advises Constellation Brands in Revised Agreement with Anheuser-Busch InBev for Complete Divestiture of U.S. Business of Grupo Modelo
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.
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Denver Energy / Oil and Gas Attorneys join Hogan Lovells
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
King & Spalding Continues Expansion of Its Financial Institutions Practice With the Addition of Lending-Side Bankruptcy Partner Jesse H. Austin III
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.
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Covington Advises Nexen on CFIUS Approval in $15.1 Billion CNOOC Deal
The Committee on Foreign Investment in the United States (CFIUS) on Tuesday approved CNOOC Ltd.’s bid to acquire the U.S. assets of Canadian energy company Nexen Inc. It was the final regulatory hurdle in the $15.1 billion acquisition, the largest overseas investment ever by a Chinese company. Covington & Burling represented Nexen in securing CFIUS approval.
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Akin Gump Advises VimpelCom on Eurobonds Totalling $2 Billion
Akin Gump Strauss Hauer & Feld LLP has advised VimpelCom Holdings B.V. on a $2 billion Eurobond financing, including a RUB 12 billion tranche and two dollar-denominated tranches totalling $1.6 billion. VimpelCom Holdings is an indirect wholly owned subsidiary of VimpelCom Ltd., one of the world’s largest integrated telecommunications services operators. The transaction closed today, February 13, 2013.
Tags: Akin Gump Strauss Hauer & Feld LLP | Moscow
BakerHostetler’s Growth Continues in New York: Amy J. Traub Joins Employment and Labor Group
BakerHostetler announced today that Amy J. Traub has joined the firm’s Employment and Labor Group as a Partner in its New York office. She comes to BakerHostetler from Epstein Becker & Green, P.C.
Tags: Baker & Hostetler LLP | New York
Weil Advises GE in $18.1B Sale of NBCUniversal and Related Real Estate to Comcast
Weil advised General Electric (GE) in connection with the sale to Comcast of its remaining 49 percent stake in NBCUniversal, NBCUniversal’s floors in 30 Rockefeller Center, and CNBC’s headquarters for $18.1 billion. Under the terms of the transaction, GE will sell its 49 percent stake in its joint venture with Comcast, which includes NBCUniversal, for $16.7 billion. In addition, GE Capital will sell NBCUniversal’s floors in 30 Rockefeller Center as well as CNBC’s headquarters in Englewood Cliffs, New Jersey to affiliates of NBCUniversal for $1.4 billion. The transaction has been approved by the boards of directors of both GE and Comcast.
Tags: Weil, Gotshal & Manges, LLP | New York
Leading Tax Lawyer Daniel P. Meehan Rejoins Chicago Office of Kirkland & Ellis LLP
Kirkland & Ellis LLP announced today that Daniel P. Meehan has returned to the Firm’s Chicago office as a partner in the Tax Practice Group. A former tax associate in Kirkland’s Chicago office, Mr. Meehan rejoins the Firm from the New York office of Cooley LLP, where he was the firmwide chair of Cooley’s tax practice group. Mr. Meehan’s practice focuses on the tax aspects of private fund formation, private equity transactions and M&A.
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