Paul Hastings, a leading global law firm, announced today that the firm advised the management of La Fée Maraboutée in connection with their secondary LBO. Together with the members of management, Silverfleet Capital, an investment fund, acquired all of La Fée Maraboutée’s share capital from Dzeta Conseil.
Tags: Paul Hastings LLP
Clifford Chance has advised The State Oil Fund of Azerbaijan (SOFAZ) in connection with the indirect acquisition of 78 St James’s Street SW1 for £177.3 million. The office property, located in London’s West End, was bought from the German open-ended fund of RREEF Real Estate, the real estate investment business of Deutsche Bank’s Asset & Wealth Management division. This represents SOFAZ’s first real estate investment.
Tags: Clifford Chance LLP
Kirkland & Ellis LLP announced today that Sarkis Jebejian has joined the New York office as a partner in the Corporate Practice Group. Mr. Jebejian joins the Firm from the New York office of Cravath, Swaine & Moore LLP, where he was a partner in the corporate department.
Tags: Kirkland & Ellis LLP | New York
International law firm Taylor Wessing (Middle East) LLP today announced the appointment of Tahir Ahmed as a new partner in its Corporate Finance group. Tahir’s appointment brings the total number of partners in the Dubai office to six and follows the recent appointment in June 2012 of Neale Downes as a partner to lead the finance team.
Tags: Taylor Wessing LLP | Dubai
To bolster the firm’s presence in the Midwest, national law firm Wilson Elser has joined forces with Milwaukee firm Leib & Katt, LLC to open the firm’s first office in Wisconsin. Opening its doors on January 1, 2013, the office will be the AmLaw 100 firm’s 24th U.S. office and the third opened in the past two years.
Tags: Wilson Elser Moskowitz Edelman & Dicker LLP
King & Spalding advised Sprint Nextel in its definitive agreement with Clearwire Corporation in which Sprint will acquire the approximately 50 percent stake in Clearwire it does not currently own for $2.97 per share, equating to a total cash payment to Clearwire shareholders, other than Sprint, of $2.2 billion and an enterprise value for Clearwire of $10 billion. King & Spalding also advised Sprint in connection with voting and support agreements for the transaction that were obtained from Clearwire shareholders Comcast, Intel Capital and Bright House Networks.
Tags: King & Spalding LLP | New York
International law firm Stephenson Harwood opens its Dubai office today.
Tags: Stephenson Harwood | Dubai
The Warsaw office of Greenberg Traurig LLP represented Barclays Capital, J.P. Morgan, Morgan Stanley and Ipopema S.A in the US$640 million initial public offering of Alior Bank S.A., which began trading today on the Warsaw Stock Exchange . It closed on Dec. 12, 2012.
Tags: Greenberg Traurig LLP | New York
Simpson Thacher recently represented Equatorial Energia S.A. in connection with its R$1.3 billion (US$622 million) follow-on equity offering. The offering was registered in Brazil, with international placement efforts to qualified institutional buyers and other non-U.S. persons in reliance on Rule 144A and Regulation S under the Securities Act. A substantial portion of the net proceeds from the offering will be used for the financial restructuring of Equatorial’s recently acquired subsidiary, Centrais Elétricas do Pará – CELPA.
Tags: Simpson Thacher & Bartlett LLP | New York
Herbert Smith Freehills has advised the A$4.8 billion Goodman Australia Industrial Fund (Australia’s largest wholesale industrial vehicle) on a new equity raising of $624 million and various enhancements to its fund structure. The proposal was approved this week by a significant majority of GAIF unitholders.
Tags: Herbert Smith Freehills LLP