Paul Hastings LLP, a leading global law firm, represented Wells Fargo Capital Finance, LLC, a unit of Wells Fargo Bank, N.A. in financing two acquisitions made by Bullhorn Inc., a recruiting software company owned by private equity firm Vista Equity Partners. Bullhorn Inc. has acquired MaxHire Solutions Inc. of Vancouver, Canada, and Sendouts LLC based in St. Louis. The two software firms provide services to staffing and recruiting agencies.
Tags: Paul Hastings, LLP | Los AngelesSimpson Thacher Represents TD Bank in Acquisition of Epoch
The firm is representing TD Bank Group in connection with its announced acquisition of Epoch Holding Corporation for $28.00 per share in cash. The transaction is valued at approximately $668 million. Epoch Holding’s subsidiary, Epoch Investment Partners, Inc., provides investment management and investment advisory services to institutional, sub-advisory and high net worth clients. With the acquisition of Epoch, TD expects to add approximately $24 billion in assets under management to the $207 billion already under management by TD Asset Management. The transaction is expected to close in the first half of 2013, subject to satisfaction of customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents JPMorgan in $1.75 Billion Revolving Credit Facility for Starwood Hotels & Resorts Worldwide, Inc.
Simpson Thacher represented JPMorgan Chase Bank, N.A. as administrative agent in connection with a $1.75 billion multi-currency revolving credit facility for Starwood Hotels & Resorts Worldwide, Inc. The facility includes sub-tranches in Canadian Dollars, Euros, Pounds Sterling, Australian Dollars, Yen and Mexican Pesos which are available to be drawn by certain subsidiaries of Starwood Hotels & Resorts Worldwide, Inc.
Tags: Simpson Thacher & Bartlett LLP | New YorkKing & Wood Mallesons Acts on TEN’s $230 Million Capital Raising
King & Wood Mallesons has acted on Ten Network Holding Ltd’s (TEN) approximately $230 million accelerated non-renounceable entitlement offer.
Tags: King & Wood MallesonsKing & Wood Mallesons Advises CHAMP Private Equity on Strategic Energy and Resources Investment
King & Wood Mallesons has advised CHAMP Private Equity in relation to Shelf Drilling Holdings Ltd’s (Shelf Drilling) US$1.05 billion acquisition of oil rig assets and associated operations from Transocean Ltd.
Tags: King & Wood MallesonsWeil Recruits Leading US Securities Lawyer Gil Strauss to Head European High Yield Practice in London
International law firm Weil, Gotshal & Manges announced today that Gil Strauss will join as a partner in the European Finance practice. Specialising in US securities, Gil joins from Freshfields where he leads their high yield practice. Gil trained at Simpson Thacher in New York and has represented underwriters, private equity sponsors and issuers in high yield bond offerings, restructurings, initial public offerings and other corporate finance transactions.
Tags: Weil, Gotshal & Manges, LLPWeil Advises on Alior Bank’s IPO
International law firm Weil, Gotshal & Manges LLP announced today that it is acting as legal counsel on matters of Polish, UK, and US law to Alior Bank S.A. (“Alior”), a fast-growing Polish retail and commercial bank that launched its operations at the end of 2008, on its IPO, which includes a primary offering by Alior and a secondary offering by Carlo Tassara S.p.A. – through its Luxembourg subsidiaries – of a part of its stake in Alior. On 4 December 2012, the Alior’s shares were priced at PLN 57.00 per share, which means that the value of Alior’s IPO will total approximately PLN 2,098 million (approximately EUR 508 million). It is expected that the trading in Alior shares will commence on the Warsaw Stock Exchange on 14 December 2012.
Tags: Weil, Gotshal & Manges, LLPWeil Advises McMoRan in $3.4B Sale as Part of $20B Three-Way Merger
A Weil team led by New York M&A partner Michael Aiello advised the special committee of McMoRan Exploration Co.’s board of directors in the company’s $3.4 billion sale to Freeport-McMoRan Copper & Gold Inc. (FCX), a leading international mining company. McMoRan is an independent public company engaged in the exploration, development, and production of natural gas and oil in the Gulf of Mexico. Upon closing, McMoRan shareholders will receive a distribution of units of a royalty trust that holds a five percent overriding royalty interest on future production in McMoRan’s existing ultra-deep properties.
Tags: Weil, Gotshal & Manges, LLP | New YorkBurr & Forman Adds Immigration Parnter in Atlanta
Burr & Forman LLP is pleased to announce that Anton F. Mertens has joined the firm as a partner in its Atlanta office.
Tags: Burr & Forman LLPNorton Rose Advising Barclays on Combination of Barclays’ African Operations with Absa Group
International legal practice Norton Rose has fielded a team from its London and Johannesburg offices to advise Barclays on the combination of the majority of its African operations with Absa Group.
Tags: Norton Rose Fulbright