Shearman & Sterling is representing the Intellectual Property & Science business of long-standing client Thomson Reuters in its acquisition of MarkMonitor. The completion of the acquisition is subject to standard regulatory approvals. The terms of the transaction were not disclosed.
Tags: Shearman & Sterling LLP | New York
On July 25, 2012, United Technologies Corporation entered into a definitive agreement pursuant to which affiliates of the Carlyle Group LP and BC Partners Ltd will acquire certain industrial businesses of its Hamilton Sundstrand subsidiary for approximately $3.5 billion. Cravath represented Credit Suisse as joint lead arranger of committed financing in connection with this transaction.
Tags: Cravath, Swaine & Moore LLP | New York
On July 25, Willkie advised Bank of America, N.A. as Administrative Agent and Wells Fargo Bank, National Association, as Joint Lender Arranger, in closing a $1.5 billion amended and restated credit facility to Host Hotels & Resorts, L.P.
Tags: Willkie Farr & Gallagher LLP | New York
King & Wood Mallesons has strengthened its Native Title practice with the lateral appointment of partner Scott Singleton to the firm’s Brisbane office.
Tags: King & Wood Mallesons
Davis Polk advised Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers in connection with the $332 million SEC-registered follow-on offering of 11,744,064 shares of common stock of Splunk Inc. sold by certain selling stockholders. The common stock is listed on the Nasdaq Global Select Market under the symbol “SPLK.”
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Citigroup Global Markets Inc. as joint book-running managers in connection with the $300 million initial public offering of 7,130,000 shares of common stock of Palo Alto Networks, Inc. (including 930,000 shares subject to the underwriters’ over-allotment option) at $42.00 per share. Of these, Palo Alto Networks sold 5,617,259 shares and stockholders sold 1,512,741 shares. The common stock is listed on the New York Stock Exchange under the symbol “PANW.”
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, BTG Pactual US Capital LLC, Goldman, Sachs & Co., Santander Investment Securities Inc. and Banco do Brasil Securities LLC as joint bookrunners on the Rule 144A/Regulation S primary offering of units of Transmissora Aliança de Energia Elétrica S.A. (“Taesa”) The company sold an aggregate of 24,000,000 units, which consisted of common and preferred shares, for a total of approximately R$1.6 billion (approximately US$800 million).
Tags: Davis Polk & Wardwell LLP | Sao Paulo
In its second major IPO on behalf of a Chilean company in the past month, Milbank, Tweed, Hadley & McCloy has represented underwriters who led the initial public offering of Chilean construction and investment firm Inversiones La Construccion SA. The deal, which raised $466 million on the Santiago Stock Exchange when it debuted July 20, constitutes the largest IPO ever in Chile.
Tags: Milbank LLP | New York
The Singapore office of Watson, Farley & Williams LLP (“WFW”) is pleased to announce that it has advised Brunei Gas Carriers Sdn Bhd (“BGC”) on the raising of US$170 million to fund the acquisition of one 155,000m3 newbuild LNG vessel. The vessel will be chartered under a long term charter to Brunei LNG Sdn Bhd. WFW also advised BGC on the shipbuilding contract, shipping services agreements and charter documents for the newbuild LNG vessel.
Tags: Watson Farley & Williams LLP | Singapore
Cahill represented Citigroup Global Markets as sole book-running manager and J&E Davy as co-manager in connection with the multicurrency notes offering, comprised of €260,000,000 7.375% First Priority Senior Secured Notes due 2017; $350,000,000 7.375% First Priority Senior Secured Notes due 2017; and $210,000,000 9.125% Senior Notes due 2020 by Ardagh Packaging Finance plc and Ardagh MP Holdings USA Inc.
Tags: Cahill Gordon & Reindel LLP | New York