Paul Hastings Advises Cequel in Closing of Its $6.6 Billion Sale to BCC Partners

Paul Hastings, a leading global law firm, announced today that the firm represented Cequel Communications Holdings LLC, a cable-television and Internet-services provider which does business as Suddenlink Communications, in connection with its sale to BC Partners, CPP Investment Board and certain members of Suddenlink’s management team led by CEO Jerry Kent in a transaction valued at $6.6 billion.

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Tags:  Paul Hastings LLP | New York

Paul Hastings Represents Brookfield Investment Management in $75 Million Rights Offering

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Brookfield Investment Management and its Helios Total Return Fund, Inc. in a three-for-one transferable rights offering, where UBS Securities LLC acted as the Dealer Manager. The rights offering concluded on October 19, 2012 and was over-subscribed. Helios Total Return Fund, Inc. issued 3,500,000 new shares of common stock in the rights offering and raised approximately $75 million.

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Tags:  Paul Hastings LLP | New York

Cahill – Alliance Data Systems Completes $400 Million Notes Offering

Cahill represented J.P. Morgan, BofA Merrill Lynch, RBC Capital Markets, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the Rule 144A/Reg S offering of $400,000,000 aggregate principal amount of 5.25% Senior Notes due 2017 by Alliance Data Systems Corporation. Proceeds from the offering will be used in connection with to fund in part its previously announced pending acquisition and for general corporate purposes.

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Tags:  Cahill Gordon & Reindel LLP | New York

Travers Smith Advises on Triton’s Sale of Logistics Specialist, Dematic, to AEA Investors and Teachers’ Private Capital

Travers Smith Head of Corporate, Chris Hale, led the team advising the management of Dematic on the company’s sale to, and new equity arrangements with, AEA Investors and Teachers Private Capital (the private equity arm of Canadian pension fund Ontario Teachers’ Pension Plan) for a reported figure between €700-800m.

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Weil Advises Titanium Metals in Its $2.9 Billion Sale to Precision Castparts

A Weil team led by Dallas Corporate partner Glenn West advised the special committee of the board of directors of Titanium Metals Corporation (TIMET), the largest titanium manufacturer in the US, in TIMET’s all-cash sale to Precision Castparts Corp., a worldwide manufacturer of complex metal components and products. The total equity value of the transaction was approximately $2.9 billion. The merger was approved by the boards of directors for both companies, and the deal is expected to close by the end of 2012.

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Tags:  Weil, Gotshal & Manges, LLP | Dallas

Kirkland & Ellis Represents American Industrial Partners in Acquisition of U.S. Subsidiaries of Hampson Industries PLC

In a transaction announced November 19, 2012, Kirkland represented private equity firm American Industrial Partners in its acquisition of the U.S. subsidiaries of Hampson Industries PLC, a UK public company. The investment is comprised of five operating divisions with a total of approximately $210 million in sales, approximately 1,140 employees and 10 manufacturing facilities located in California, Michigan and Texas that have unique product offerings and capabilities to serve the global aerospace market. The subsidiaries are Odyssey Industries, LLC; Global Tooling Systems, LLC; Coast Composites, LLC; Composites Horizons, LLC and Texstars, LLC. The acquisition was made through a UK ‘pre-pack’, shortly after the appointments of Simon Kirkhope and Chad Griffin of FTI Consulting as administrators of Hampson Industries PLC.

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Tags:  Kirkland & Ellis LLP | New York