Cravath – CyrusOne’s IPO

Cravath represented CyrusOne Inc. in connection with its US$361 million initial public offering of common stock. CyrusOne Inc., a subsidiary of Cincinnati Bell Inc., is a real estate investment trust that owns, operates and develops data center properties. The shares will be listed on the NASDAQ Global Select Market. The transaction closed on January 24, 2013.

More >>

Tags:  Cravath, Swaine & Moore LLP | New York

Cadwalader Advises on Successful Hong Kong Initial Public Offering

Cadwalader, Wickersham & Taft LLP (“Cadwalader”) and Joseph P.C. Lee & Associates have advised Wison Engineering Services Co. Ltd. (“Wison Engineering”) as to United States and Hong Kong law on the completion of its initial public offering and listing in Hong Kong. The deal marks an important broadening of the firm’s international capital markets offering, which expanded in 2012 with the addition of three seasoned partners and a team of associates with deep experience in Asia.

More >>

Tags:  Cadwalader, Wickersham & Taft LLP | Hong Kong

Paul Hastings Advises Medica France in Connection with the Sale/Lease-back of an Elder Care Facilities Portfolio for $175 Million

Paul Hastings, a leading global law firm, announced today that the firm, advised Medica France, an owner and provider of retirement and nursing homes in France and Italy, in connection with the completion of the sale/lease-back of 15 retirement facilities worth €131 million ($175 million) over 12 years. A banking consortium led by Natixis Lease purchased the portfolio of retirement facilities, which provide beds for 1,100 elderly persons. Terms of the transaction allow Medica France to retain an option for repurchasing the assets.

More >>

Tags:  Paul Hastings, LLP

Davis Polk Advises Aetna on Its Sale of Missouri Care

Davis Polk is advising Aetna Inc. on its sale of Missouri Care, its Missouri Medicaid business, to WellCare Health Plans, Inc. Financial terms were not disclosed. The transaction is subject to customary closing conditions, including regulatory approval. The sale of Missouri Care is related to Aetna’s pending acquisition of Coventry Health Care, Inc., which was announced in August 2012.

More >>

Tags:  Davis Polk & Wardwell LLP | New York