Simmons & Simmons has expanded its international Corporate & Commercial Group with the appointment of Helmut Kempf as a partner.
Tags: Simmons & Simmons | Germany
Davis Polk – China Power International Development Limited Concurrent Offering of Shares and Convertible Bonds
Davis Polk advised Deutsche Bank AG, Hong Kong Branch and Credit Suisse (Hong Kong) Limited as (i) placing agents in connection with the Rule 144A placement of 443,248,000 existing shares and subscription of 443,248,000 new shares in China Power International Development Limited (CPIDL) and (ii) joint underwriters and joint bookrunners in connection with the Regulation S offering by CPIDL of RMB1,140 million USD-settled 2.75% convertible bonds due 2017.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk – Laboratory Corporation of America Holdings $1 Billion Senior Notes Offering
Davis Polk advised Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as underwriters on a public offering by Laboratory Corporation of America Holdings (LabCorp) of $500 million aggregate principal amount of 2.20% senior notes due 2017 and $500 million aggregate principal amount of 3.75% senior notes due 2022.
Tags: Davis Polk & Wardwell LLP | New York
Herbert Smith Advises Macquarie Capital on US$151 Million Capital Raising by SM Investments Corporation
Herbert Smith has advised Macquarie Capital as placing agent in connection with the sale of 9.1 million shares in SM Investments Corporation, a Manila-based conglomerate listed on the Philippine Stock Exchange, under a top-up placing structure.
Tags: Herbert Smith Freehills LLP | SingaporeHeiko Höfler Joins Bird & Bird in Frankfurt
Norton Rose Canada Acting for ING Groep NV: Agreement to Sell ING Direct Canada to Scotiabank for $3.1 Billion
The Am Law Daily reports on ING reaching an agreement to sell ING Direct Canada to Scotiabank for CAD 3.1 billion (“S&C, Canadian Firms Take Top Billing on Scotiabank’s $3.1 Billion ING Buy,” access required to view article).
Tags: Norton Rose Fulbright
Simpson Thacher Represents Lightyear Capital in Acquisition of Flagstone RE by Validus Holdings
Simpson Thacher is representing Lightyear Capital in connection with the acquisition of Flagstone Reinsurance Holdings Ltd. by Validus Holdings Ltd. Under the terms of the transaction, Flagstone shareholders will receive 0.1935 Validus voting common shares and $2.00 in cash for each Flagstone share. The transaction represents an aggregate equity value of $623.2 million. Funds associated with Lightyear Capital own 8.5% of the outstanding Flagstone shares and have entered into a voting agreement with Validus to vote in support of the transaction.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents J.P. Morgan and Goldman Sachs as Financial Advisors to Dollar Thrifty in $2.3 Billion Acquisition of Dollar Thrifty by Hertz
The Firm is representing J.P. Morgan and Goldman, Sachs & Co. as financial advisors to Dollar Thrifty Automotive Group, Inc. in its acquisition by Hertz Global Holdings, Inc. in a transaction valued at approximately $2.3 billion.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents JPMorgan Chase in $1.26 Billion Preferred Stock Offering
The Firm represented JPMorgan Chase & Co. in connection with an offering of an aggregate of 50,300,000 depositary shares, each representing a 1/400th interest in a share of JPMorgan Chase & Co.’s 5.50% Non-Cumulative Preferred Stock, Series O. The offering closed on August 27, 2012.
Tags: Simpson Thacher & Bartlett LLP | New York
Field Fisher Waterhouse Grows Regulatory Capability with Energy Sector Team
Field Fisher Waterhouse LLP announces today the appointment of a three-lawyer regulatory team headed by partner David Haverbeke.
Tags: Fieldfisher LLP