Weil – Abax Global Capital in Deal to Take Fushi Copperweld Private

Chinese metallic wire manufacturer Fushi Copperweld Inc. announced that is has agreed to be taken private by an investment group led by its co-chief executive, Li Fu, and private equity firm Abax Global Capital (Hong Kong) Ltd. for $364 million. The per share price of $9.50 represents a 21 percent premium on the stock’s closing price on June 28.

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Tags:  Weil, Gotshal & Manges, LLP | Hong Kong

Weil – Mubadala, Sony Consortium Closes $2.2B Acquisition of EMI’s Music Publishing Business

Weil advised Mubadala Development Company PJSC, a strategic investment arm of the Abu Dhabi Government, in the formation of a joint venture with Sony/ATV and a consortium of co-investors – including GSO Capital Partners, Jynwel Capital and film and music mogul David Geffen – to acquire EMI’s music publishing business for $2.2 billion. The transaction closed on June 29, 2012 following clearance by EU and US antitrust regulators. Weil also advised the full consortium on numerous aspects of the transaction, including negotiation of the acquisition agreements with Citigroup and EMI and the $1.25 billion senior secured and $403.3 million senior notes financing for the acquisition.

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Tags:  Weil, Gotshal & Manges, LLP | New York

Shearman & Sterling Advises on Bank/Bond Financing for Zayo’s Acquisition of Above Net

Shearman & Sterling represented Morgan Stanley Senior Funding, Inc., Barclays Bank PLC, Suntrust Robinson Humphrey, Inc., UBS Securities LLC, RBC Capital Markets and Goldman Sachs Bank USA as arrangers in connection with a $1.62 billion term loan and a $250 million revolving credit facility related to the acquisition of Above Net, Inc. by Zayo Group, LLC.

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Tags:  Shearman & Sterling LLP | New York

Ogier Appoints New Property Partner

Ogier have announced that Julie Melia joined the firm as a Partner and Co-Head of the Property Law Group on 2 July. Julie is a senior Advocate with 20 years of experience in Jersey and is very well respected in the local property industry by clients, intermediaries and her peers.

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Tags:  Ogier