Baker & McKenzie has advised The National Commercial Bank (NCB), Gulf International Bank B.S.C. (GIB), Samba Financial Group and Banque Saudi Fransi, acting as mandated lead arrangers, in relation to a SR 600 million murabaha based financing provided to the Al-Kifah group of companies.
Tags: Baker McKenzie
Ashurst has added further depth to one of Australia’s leading Energy & Resources legal practices with the addition of Katie Winterbourne as a new partner in its Perth office.
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Whiteford Taylor & Preston announced today that David Daneman and Joseph Selba have joined the firm’s Business Reorganization and Bankruptcy practice from Bishop Daneman & Simpson LLC.
Tags: Whiteford, Taylor & Preston, L.L.P.
Hogan Lovells announced today that it advised News Corporation (News Corp) in connection with News Corp’s entry into a definitive agreement with ESPN to acquire ESPN’s fifty percent equity interest in ESPN STAR Sports (ESS), giving News Corp full ownership of ESS. With the acquisition, News Corp furthers its commitment to deliver sports programming to consumers across the globe, particularly in Asian emerging markets.
Tags: Hogan Lovells | Los Angeles
Clyde & Co has advised telecoms company Econet Wireless Global Limited on securing a US$362million financing for its operations in Zimbabwe and Burundi.
Tags: Clyde & Co LLP
Milbank, Tweed, Hadley & McCloy LLP has significantly enhanced its European competition law practice with the arrival of leading antitrust lawyer Nicholas Spearing, who has joined the firm as a partner in its London office.
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On June 6, Kenneth Cole Productions, Inc. announced that it has entered into a definitive merger agreement under which Willkie client Kenneth D. Cole, Chairman and Chief Creative Officer of the company, will acquire the company in a going-private transaction with a total enterprise value of approximately $245 million. Mr. Cole is currently the beneficial holder of approximately 46% of the company’s outstanding common stock (representing approximately 89% of the voting power). The acquisition will be made through KCP Holdco, Inc., an entity controlled by Mr. Cole and formed for the purposes of the acquisition. Under the agreement, the company’s shareholders, excluding Mr. Cole and his affiliated entities, will receive $15.25 per share in cash upon completion of the transaction. Kenneth Cole Productions, Inc. designs, sources, and markets a broad range of footwear, handbags, apparel and accessories under the brand names Kenneth Cole New York, Kenneth Cole Reaction, and Unlisted, as well as footwear under the proprietary trademark Gentle Souls.
Tags: Willkie Farr & Gallagher LLP | New York
Dykema today announced the addition of Bill Finkelstein to its Corporate Finance Practice Group as a member in the Firm’s Dallas office. Prior to joining Dykema, Finkelstein was a partner with K&L Gates LLP, having practiced for 33 years with Hughes & Luce LLP before its merger with K&L Gates in 2008.
Tags: Dykema Gossett PLLC | Dallas
Orrick, Herrington & Sutcliffe is pleased to announce the arrival of two new China Corporate Group partners, Mathew Lewis and Seung Chong, further strengthening the breadth and depth of the firm’s market-leading capital markets and M&A capabilities in the region.
Tags: Orrick, Herrington & Sutcliffe LLP | Hong Kong
International law firm Simmons & Simmons has advised Chinese state owned enterprise, Chinatex Corporation (Chinatex), on the subscription of 34% shares in Fountain Set (Holdings) Limited for HK$511 million and the application to the Securities and Futures Commission for a whitewash waiver. Fountain Set (Holdings) Limited is engaged in the textile and garment business and is listed on the Hong Kong Stock Exchange.
Tags: Simmons & Simmons | Hong Kong