The Dallas-based law firm of Taber Estes Thorne & Carr PLLC is pleased to announce the addition of Linda G. Moore as a Partner.
Tags: Dallas
Herbert Smith Advises Shanghai Sugar Cigarette and Wine on the Acquisition of a Stake in DIVA Bordeaux
Herbert Smith has advised Shanghai Sugar Cigarette and Wine (SSCW), a subsidiary of state-owned Chinese food group leader Bright Food, in its acquisition of a 70% stake in the independent Bordeaux wine merchant DIVA Bordeaux. The deal will enable DIVA Bordeaux to expand its international development, especially in China. The remaining 30% will remain with Pierre Beuchet, DIVA’s founder and chairman, and Jean-Pierre Rousseau, its managing-director.
Tags: Herbert Smith Freehills Kramer LLP | Shanghai
Latham & Watkins Advises Quest Software in its Acquisition by Dell for $2.4 Billion
Dell and Quest Software announced they have entered into a definitive agreement for Dell to acquire Quest, an award-winning IT management software provider offering a broad selection of solutions that solve the most common and most challenging IT problems. Under terms of the agreement, approved by the boards of directors of both companies, Dell will pay $28.00 per share in cash for each share of Quest for an aggregate purchase price of approximately $2.4 billion, net of Quest’s cash and debt. The transaction is expected to close in Dell’s third fiscal quarter, subject to approval by Quest’s shareholders and customary conditions.
Tags: Latham & Watkins LLP | Los Angeles
Cooley LLP Advises Institutional Venture Partners on $1 Billion Venture Fund
Cooley LLP announced today that it advised on the creation of a $1 billion venture capital fund for long-time client Institutional Venture Partners (IVP), a Silicon Valley firm specializing in later-stage investments. The fund is the largest in IVP’s 32-year history. IVP has been a Cooley client since 1973.
Tags: Cooley LLPCooley LLP Advises Underwriters on ServiceNow IPO
Cooley LLP is pleased to announce it advised the underwriters in the initial public offering of common stock of ServiceNow Inc., which launched on the New York Stock Exchange on Friday, June 29.
Tags: Cooley LLP
Middletons Adds to Its Sea of Talent with Appointment of Dorey
Middletons has announced the appointment of partner Ian Dorey, previously at Gadens, who will join the firm’s Banking, Insolvency & Disputes group in Brisbane. This follows a number of other strategic appointments the firm has announced over the past 12 months to further enhance its banking and insolvency capabilities.
Tags: K&L Gates LLP
Linklaters Advises on Asia’s Largest IPO
Linklaters has advised the Joint Global Coordinators and Joint Bookrunners on the highly successful US$3.2 billion IPO of Felda Global Ventures Holdings Berhad (FGVH) on the Malaysian Stock Exchange. The largest IPO in Asia in 2012 and the second largest in the world this year after Facebook.
Tags: Linklaters LLP | Singapore
Simpson Thacher Represents Goldman Sachs as Financial Advisor to Micron Technology in its Acquisition of Elpida Memory
Simpson Thacher represented Goldman Sachs as financial advisor to Micron Technology Inc. in connection with its execution of a sponsor agreement with the reorganization trustees of Elpida Memory Inc. of Japan, whereby Micron agreed to acquire Elpida, including Elpida’s 65% stake in Rexchip Electronics, for total consideration of ¥200 billion ($2.5 billion), consisting of ¥60 billion in cash consideration for 100% of Elpida’s equity and a series of installment payments totaling ¥140 billion to be made by Elpida to satisfy the reorganization claims of Elpida’s creditors. Micron also entered into a separate agreement with Powerchip Technology Corporation to acquire its 24% stake in Rexchip Electronics for approximately NT$10 billion ($334 million).
Tags: Simpson Thacher & Bartlett LLP | TokyoSimpson Thacher Represents Initial Purchaser in US$475 Million Debt Offering by the Government of Bermuda
The Firm represented HSBC Securities (USA) Inc., as initial purchaser, in connection with a Rule 144A/Regulation S offering of US$475 million of 4.138% Notes due 2023 by the Government of Bermuda.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents M*Modal in its Sale to One Equity Partners for $1.1 Billion
Simpson Thacher is representing M*Modal Inc. (NASDAQ: MODL) in connection with its announced sale to an affiliate of One Equity Partners for $14.00 per share in an all-cash deal with an enterprise value of approximately $1.1 billion. Bank of America Merrill Lynch and RBC Capital Markets are providing committed debt financing to One Equity Partners. The transaction is structured as a tender offer (followed by a short-form merger) and is expected to close during the third quarter of 2012, pending receipt by the purchaser of sufficient tendered shares to consummate the transaction, regulatory approvals and other customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | Los Angeles