Stamford Law Corporation is lead transaction counsel for Fraser and Neave, Limited (F&N) in its proposed S$5.59 billion sale of its 39.7% effective interest in Asia Pacific Breweries Limited (APB) to Heineken International B.V.
Tags: Singapore
Herbert Smith Advises ICBC on Its First Overseas RMB Bond Issue
Herbert Smith has recently advised Industrial and Commercial Bank of China Limited (“ICBC”) on its issue of RMB 1 billion (US$157 million) three-year fixed-rate bonds due 2015. This is the first overseas RMB bond issue by ICBC, the world’s largest bank in terms of market capitalisation.
Tags: Herbert Smith Freehills Kramer LLP | Beijing
Trent P. Cornell has joined Pedersen & Houpt as a Partner of the Litigation and Dispute Resolution and the Reorganization, Restructuring and Bankruptcy Practice Groups
Trent P. Cornell has joined Pedersen & Houpt as a Partner of the Litigation and Dispute Resolution and the Reorganization, Restructuring and Bankruptcy Practice Groups.
Tags: Pedersen & Houpt, P.C.
Shearman & Sterling Advises Anglo American on Its New Partnership with Codelco and Settlement of Claims
Shearman & Sterling is advising long-time client Anglo American in its agreement with Corporación Nacional del Cobre de Chile (Codelco) to form a new partnership in respect of certain of Anglo American’s copper interests in Chile, known as Anglo American Sur. Anglo American and Codelco, with assistance from their respective partners, Mitsubishi and Mitsui, have settled their respective claims in relation to the Anglo American Sur option agreement and have agreed to a sale of a 29.5% interest in Anglo American Sur to a Codelco and Mitsui joint venture company for approximately $2.8 billion.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling Obtains Motion to Dismiss on Behalf of Synthes, Inc.
Shearman & Sterling represented Synthes, Inc. and its Board of Directors in Delaware Chancery Court in connection with the $19.7 billion acquisition of Synthes by Johnson & Johnson, obtaining from Chancellor Leo Strine a motion to dismiss plaintiffs’ second amended class action complaint with prejudice.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling Advises IVG Caverns on Transfer of Seven Underground Gas Storage Facilities
Shearman & Sterling advised IVG Caverns GmbH, a subsidiary of IVG Immobilien AG, on the transfer of seven underground gas storage facilities (caverns) to a special fund managed by IVG Institutional Funds GmbH (IVG Cavern Fund). IVG will devote the proceeds for the seven caverns to reduce its debt by a further €200 million.
Tags: Shearman & Sterling LLP
Transport Infrastructure Expert Joins Clyde & Co
Clyde & Co is delighted to welcome David Moore as a partner in the firm’s infrastructure department in London.
Tags: Clyde & Co LLP
Field Fisher Waterhouse Advises Ping Pong on Expansion in India
Field Fisher Waterhouse LLP has advised Ping Pong East Limited, the franchising arm of the casual dining dim sum concept, in relation to the grant of franchise rights for the Indian states of Goa and Maharashtra.
Tags: Fieldfisher LLP
Davis Polk Advises on Placement of Shares in G-Resources Group Limited
Davis Polk advised Morgan Stanley & Co. International Plc in its capacity as placing agent for the placement of 2,041,287,000 new shares allotted and issued by G-Resources Group Limited (G-Resources) for a total consideration of approximately HK$776 million.
Tags: Davis Polk & Wardwell LLP | Hong KongDavis Polk – Molycorp, Inc. Concurrent Offering of Common Stock and Convertible Senior Notes and Related Share Lending Agreement
Davis Polk advised Morgan Stanley & Co. LLC as the sole book-runner on a $258 million SEC-registered offering of 25,800,000 shares of common stock of Molycorp, Inc. (Molycorp), of which 12,000,000 shares were offered and sold by Molycorp and 13,800,000 shares are being loaned by Molycorp to Morgan Stanley Capital Services LLC under a share lending agreement. Davis Polk also advised Morgan Stanley Capital Services LLC as the share borrower in connection with the share lending agreement.
Tags: Davis Polk & Wardwell LLP | New York