Paul Hastings LLP, a leading global law firm, announced today that the firm represented GE Capital Markets as joint lead arranger and sole administrative agent for financing in support of KPS Capital Partners LP’s acquisition of ThyssenKrupp Waupaca, Inc., the largest independent iron foundry in the world, from ThyssenKrupp Budd Company through a newly formed company, W Foundry International, Inc.
Tags: Paul Hastings, LLP | New York
In another major capital markets transaction in Latin America, Milbank, Tweed, Hadley & McCloy LLP has served as legal advisor to the initial purchasers in a $146 million Rule 144A/Regulation S debt offering by leading Latin American restaurant operator Arcos Dorados Holdings Inc.
Tags: Milbank LLP | New York
Proskauer served as counsel to Bed Bath & Beyond Inc. in its pending purchase of Cost Plus, Inc.
Tags: Proskauer Rose LLP | New York
Covington & Burling is strengthening its anti-corruption and trade control practices by adding lawyer David Lorello as a partner in its London office. Mr. Lorello is a US lawyer, and has been practicing in London for the last five years, with a broad practice spanning US, UK, and European international regulatory issues. This is Covington’s second high-profile addition in the past few months to its anti-corruption practice in Europe. Casey Cooper joined the firm’s London office in February.
Tags: Covington & Burling LLP
International law firm Dechert LLP’s highly regarded cross-border transactional life sciences practice has advised on two major sector transactions announced this week, between Cellzome and GlaxoSmithKline (“GSK”) for £61 million (US$99 million), and between Italian-based companies Newron Pharmaceuticals S.p.A (“Newron”) and Zambon for €20 million (US$25.69 million).
Tags: Dechert LLPFKSA advised T-Mobile USA, Inc. in its negotiations of multi-year agreements with each of Ericsson Inc. and Nokia Siemens Networks US LLC for the modernization of T-Mobile’s mobile network and the deployment of 4G long term evolution (LTE) service. Under the agreements, Ericsson and Nokia Siemens will provide and install equipment at an aggregate of 37,000 T-Mobile cell sites across the nation and will provide associated software and services. The aggregate value of the two transactions is over $3 billion.
Tags: New York
Herbert Smith LLP announced today the recruitment of Frédéric Bouvet, a highly regarded corporate law practitioner, who will today be joining the firm’s Paris office as a partner in its corporate practice.
Tags: Herbert Smith Freehills LLP
Goulston & Storrs is delighted to announce Joshua M. Davis has rejoined the firm’s Boston office. Most recently Managing Shareholder of the Boston office of Ogletree Deakins, Josh returns to Goulston & Storrs as a Director.
Tags: Goulston & Storrs PC
Simmons & Simmons has advised Bank of America Merrill Lynch as sole bookrunner to JAB Holdings B.V. in connection with its £1.2 billion placing of ordinary shares in FTSE 100 multinational consumer goods company Reckitt Benckiser Group plc.
Tags: Simmons & Simmons
Davis Polk is advising Technicolor S.A. in connection with an investment by JPMorgan Chase & Co. The PIPE will be carried out through Jesper Cooperatief, a Dutch investment vehicle jointly owned by One Equity Partners, the private equity arm of JPMorgan Chase, and JPMorgan Chase. Following the closing of the transaction, amounting to between €147 million and €158 million, Jesper will hold between 25.18% and 29.96% of the share capital of Technicolor. The closing of the transaction is subject to the shareholders’ approval as well as customary regulatory approvals.
Tags: Davis Polk & Wardwell LLP | New York