Shearman & Sterling has advised Italian-headquartered Coesia S.p.A, an industrial machinery and processes company, on its agreement to acquire Oystar North America, Inc. from Oystar International GmbH (a company controlled by German private equity fund, Odewold & Compagnie). The acquisition is subject to customary antitrust approvals.
Tags: Shearman & Sterling LLP | New York
CMS has advised RWE in relation to the sale of Horizon Nuclear Power for £696 million. Horizon Nuclear Power is a UK energy company created to develop a new generation of nuclear power stations. It was formed as a joint venture by E.ON and RWE in 2009, but in March 2012, following a strategic review, the companies announced they would not proceed and would instead look to find a new owner.
Tags: CMS
DLA Piper announces today the hire of two partners, Mark Hilton and Simon Palmer, to join its Real Estate Group as part of the construction and engineering practice, specialising in dispute resolution. They will also work closely with the Litigation & Regulatory Group. Both Mark and Simon join from Addleshaw Goddard where Mark is Head of Contentious Construction. Mark will work out of the London office and Simon will work out of the Sheffield office.
Tags: DLA Piper
Jackson Walker L.L.P. successfully represented its client, U.S. Home Systems, Inc., in its merger with an indirect wholly-owned subsidiary of The Home Depot in a deal valued at approximately $93 million, which was approved by stockholders of U.S. Home Systems on Oct. 26, 2012.
Tags: Jackson Walker, LLP | DallasFasken Martineau, a leading international business law and litigation firm, announced that Kirill Zenin and Nuno Frotahave joined the firm’s London office as Partner and Associate, respectively.
Middletons special counsel acting on the deal, Chris Scott said, “iiNet is the second largest DSL internet service provider in Australia. We assisted our client, iiNet, in negotiating new terms and conditions for a syndicated debt facility, which was over-subscribed by the ‘big four’ Australian banks. It was iiNet’s first experience of a banking syndicate and the facility is secured over assets in Australia and New Zealand.”
Tags: K&L Gates
Cooley LLP announced today that it is advising OPNET Technologies, Inc. in its pending acquisition by Riverbed Technology. Riverbed entered a definitive agreement to acquire OPNET for $43 per share in cash and stock, which represents an equity value of approximately $1 billion.
Tags: Cooley LLP
The national law firm of Eckert Seamans Cherin & Mellott, LLC recently announced that David P. Franklin has joined the Corporate and Business Counseling practice as a Member (partner) in the Pittsburgh office.
Tags: Eckert Seamans Cherin & Mellott, LLCFowler White Burnett, P.A. announced today that Mr. Robert M. Kritzman has joined the firm as a Shareholder at the Fowler White Burnett downtown Miami office working in their general practice group.
Tags: Miami
The international law firm Clifford Chance has advised ABN AMRO on its heavily oversubscribed SGD$1 billion (approximately EUR635 million) tier-2 issuance at 4.70% due in 2022 notes in the Singapore dollar bond market. The deal received a local record of SGD$17 billion (approximately EUR10 billion) from 170 accounts, biggest for a European lender. The deal is the first SGD Tier 2 transaction from a European bank in over a decade and the first SGD Tier 2 from a non-Asian focused bank.
Tags: Clifford Chance LLP | Singapore