Ashurst has advised FUJIFILM Holdings Corporation on its A$375 million acquisition of the Business Process Outsourcing (BPO) division of Salmat Limited.
Tags: Ashurst | Tokyo
Loyens & Loeff Boosts Its Energy Practice with Arrival of Elisabetta Aarts
Elisabetta Aarts, attorney at law), is to join the energy practice group of Loyens & Loeff on 1 September 2012. Elisabetta Aarts advises and litigates on behalf of an extensive group of national and international clients in the energy sector in the framework of energy projects, energy contracts, M&A and financing transactions. Her arrival will strengthen Loyens & Loeff’s top position in the energy sector.
Tags: Loyens & LoeffStamford Law Advises on Issue of US$175 Million Senior Guaranteed Notes by Jababeka International B.V.
Jababeka International B.V., a unit of Indonesian industry-based township developer PT Kawasan Industri Jababeka Tbk., has on 26 July 2012 launched the issue of US$175 million senior guaranteed notes, to be used for (a) refinance and repay existing indebtedness under certain facility agreements; and (b) capital expenditure related to land acquisition and the development of that land.
Tags: Singapore
Willkie – Real Estate Department Advises Sunrise Senior Living in $1.9 Billion Merger
On August 22, Willkie client Sunrise Senior Living, Inc. announced that it has entered into a definitive merger agreement under which Health Care REIT, Inc. will acquire all of the outstanding common stock of Sunrise for $14.50 per share in an all-cash transaction valued at approximately $1.9 billion (including debt). The merger is expected to create one of the largest owners of nursing homes in the United States, Canada and Britain. Willkie attorneys assisted Sunrise in connection with the real estate aspects of the merger.
Tags: Willkie Farr & Gallagher LLP | New York
Clayton Utz Recruits New Talent to Corporate Practice
Clayton Utz is very pleased to announce the appointment of Natasha Davidson as a Director in its Corporate practice in Sydney, adding further depth to the firm’s leading Capital Markets and M&A practices.
Tags: Clayton UtzClayton Utz Advises Salmat on BPO Divestment
A Clayton Utz team has advised ASX-listed Salmat Limited (“Salmat”) on the sale of its Business Process Outsourcing (“BPO”) division to Japan’s FUJIFILM Holdings Corporation (“Fujifilm Holdings”) for $375 million
Tags: Clayton Utz
Herbert Smith Advises Cable & Wireless Worldwide on £1 Billion Takeover by Vodafone
Herbert Smith has advised long-standing client Cable & Wireless Worldwide (‘CWW’) on its recent takeover by Vodafone, which was implemented by way of a scheme of arrangement. Vodafone paid approximately £1.04 billion to gain control of CWW, in a transaction designed to strengthen Vodafone’s enterprise business and position it well to capitalise in the growing market for unified communications.
Tags: Herbert Smith Freehills LLP
Johnny Chiu Joins Morrison Foerster’s Washington Office
Johnny Chiu has been recruited to the Washington office of Morrison Foerster, according to the firm’s press release. The intellectual property litigation partner brings significant experience representing Asian clients in U.S. patent matters. He is fluent in both Mandarin and Taiwanese.
Tags: Morrison & Foerster LLP
Ogletree Deakins Grows California Ranks, Deepens Complex Litigation Practice
The Orange County office of Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), continues its tremendous growth by welcoming a shareholder, former in-house counsel, and an associate to its Southern California ranks
Tags: Ogletree DeakinsChadbourne Represents OrPower 4 Inc. in Connection with Long-term Senior Debt Financing of up to $310 Million for the Olkaria III Geothermal Power Complex in Kenya
Chadbourne & Parke LLP represented OrPower 4 Inc., a wholly-owned indirect subsidiary of NYSE-listed Ormat Technologies, Inc., in connection with an up to $310 million limited-recourse project financing from the Overseas Private Investment Corporation, an agency of the United States Government, for the Olkaria III geothermal power complex located in Naivasha, Kenya. The OPIC financing, which was signed on August 23, 2012, is comprised of two tranches aggregating up to $265 million that will be used to pay costs of the existing 48 MW Plant 1 at the Olkaria III complex, and fund the construction well field drilling for the expansion of the Olkaria III geothermal power complex to up to 84 MW (Plant 2). The OPIC financing also includes up to $45 million of a stand-by tranche in the event that OrPower 4 elects to construct a further additional expansion of up to 16 MW (Plant 3).
