Structured Finance Attorney Joins McDermott’s New York Office

International law firm McDermott Will & Emery today announced that Perry Sayles, a leading structured finance attorney, has joined the Firm’s New York office as a partner in its Financial Institutions Advisory Practice Group. Mr. Sayles was formerly a partner in the New York office of another international law firm and spent considerable time in that firm’s London and Hong Kong offices.

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Tags:  McDermott Will & Emery LLP | New York

Hogan Lovells Advises on Acquisition of German Elster Group by Melrose

On 29 June 2012, Elster Group SE, based in Essen/Germany, announced that it had entered into a definitive agreement with the British affiliated company Melrose PLC, pursuant to which a wholly-owned subsidiary of Melrose PLC would offer to acquire all outstanding American Depositary Shares amounting to $2.3 billion of the electricity, gas and water measurement and control provider Elster. Melrose PLC proposes to partially fund the acquisition by way of a fully underwritten rights issue. The transaction is expected to close in the third quarter of 2012, subject to regulatory approval by the relevant authorities.

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Tags:  Hogan Lovells

Davis Polk Advises Ultra Clean Holdings on Its Completed Acquisition of American Integration Technologies and Related Financing

Davis Polk advised Ultra Clean Holdings, Inc. in connection with its acquisition of American Integration Technologies LLC for approximately $74 million in cash (excluding working capital adjustments) and the issuance of 4.5 million shares of Ultra Clean’s common stock. Upon the closing of the acquisition on July 3, 2012, American Integration became a subsidiary of Ultra Clean.

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Tags:  Davis Polk & Wardwell LLP | New York