On August 12, it was announced that Israel-based Taro Pharmaceutical Industries Ltd. has accepted an improved buyout offer from India-based Sun Pharmaceutical Industries Ltd., Taro’s majority shareholder. The merger agreement was approved by Taro’s Board of Directors, based upon the recommendations and approvals of its Special Committee, represented by Willkie, and its Audit Committee.
Tags: Willkie Farr & Gallagher LLP | New York
The global law firm Jones Day has announced that Maria Tan Pedersen has joined as a Banking & Finance Practice partner. Formerly a partner with K&L Gates, she will be based in the Firm’s Hong Kong Office.
Tags: Jones Day | Hong Kong
International law firm McDermott Will & Emery LLP today announced the appointment of prominent international dealmaker Winston (Jiusu) Zhao as head of its China Outbound Transactions team. He joins McDermott from the Shanghai office of an AmLaw 10 law firm.
Tags: McDermott Will & Emery LLP | Shanghai
The Firm recently represented the underwriters, led by Citigroup, Deutsche Bank and J.P. Morgan, in connection with a public offering by Altria Group, Inc. of $1.9 billion aggregate principal amount of its 2.850% Notes due 2022 and $900 million aggregate principal amount of its 4.250% Notes due 2042. The offering closed on August 9, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing Focus Media Holding Limited (“Focus Media”) in connection with a proposal by a consortium for a going private transaction valued at approximately $3.5 billion. The consortium includes Mr. Jason Nanchun Jiang, Chairman of the Board and Chief Executive Officer of Focus Media, and his affiliates, FountainVest Partners, The Carlyle Group L.P., CITIC Capital Partners, CDH Investments and China Everbright Ltd. The consortium intends to finance the proposed transaction with a combination of debt and equity capital.
Tags: Simpson Thacher & Bartlett LLP | Hong Kong
Antitrust Litigation Partner Paul Kaplan has joined Locke Lord’s New York office as part of the Firm’s Litigation Department and Antitrust Practice Group. He brings more than 25 years of experience in handling litigation and counseling for major corporations as well as for domestic and international financial institutions. His significant background and experience in antitrust matters across numerous industries will strengthen the national platform of the Firm’s Antitrust Practice.
Tags: Locke Lord LLP | New York
International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Rob Williams, represented J.P. Morgan, RBS, Wells Fargo Securities and a syndicate of ten other underwriters in connection with the registered public offering by BRE Properties, Inc. (“BRE”) of $300 million 3.375% Senior Notes due 2023.
Tags: Milbank LLP | New York
Bryan Cave HRO announced today the addition of four partners to the law firm, all of whom will work in the Denver office and practice in the Litigation client service group. This addition marks one of the largest moves of lateral partners in the Denver legal market year to date. The entire group of new attorneys comes from the Denver office of Brownstein Hyatt Farber Schreck (BHFS).
Tags: Bryan Cave Leighton Paisner LLP | Denver
Adam Dougherty has joined Winstead PC as a shareholder in the Labor, Employment and Immigration Practice Group. Dougherty’s practice focuses on employment law and commercial litigation. He has over 10 years experience representing clients in complex employment-related disputes and advising them on a broad range of employment law issues. He joins Winstead from the Dallas office of Baker and McKenzie, LLP, where he was a partner.
Tags: Winstead PC | Dallas
The Japan Bank for International Cooperation (JBIC) recently signed a 297.5 million U.S. dollars buyer’s credit (export credit) with LLP Atyrau Refinery, a subsidiary of JSC NC “KazMunayGas”, the Republic of Kazakhstan state-owned oil and gas company. The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), with Nippon Export and Investment Insurance (NEXI) providing Buyer’s Credit Insurance for the portion co-financed by BTMU.
Tags: Morgan, Lewis & Bockius LLP | Tokyo