Bennett Jones is pleased to announce that Jay Fortin has joined the firm in the Middle East as a partner in our Doha office.
Tags: Bennett Jones LLP Sidley Acts on IPO for GT Capital Holdings Inc., One of the Largest in the Philippines and the First in 2012
Sidley Austin has successfully represented GT Capital Holdings Inc. (“GT Capital”), a major Philippine conglomerate with interests in market-leading businesses across banking, real estate development, power generation, automotive and life insurance, in one of the largest initial public offerings (“IPO”) on the Philippine Stock Exchange. The IPO, listed on April 20, was comprised of both a domestic retail and international institutional offering and raised approximately PhP 18.8 billion (US$439.6 million).
Tags: Sidley Austin LLP | Hong Kong Davis Polk Advises on Chalco’s Acquisition of a Stake in Winsway
Davis Polk is advising Mr. Wang Xingchun, the chairman and controlling shareholder of Winsway Coking Coal Holdings Limited, on his disposal of a 29.9% interest in Winsway to Aluminum Corporation of China Limited (Chalco) in a transaction valued at HK$2.39 billion (approximately $307 million). After the completion of the acquisition, which is subject to certain conditions, including regulatory and shareholder approvals, Chalco will become the single-largest shareholder of Winsway.
Tags: Davis Polk & Wardwell LLP | Hong Kong Davis Polk – Splunk Initial Public Offering
Davis Polk advised Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers in connection with the $264 million initial public offering of 15,525,000 shares of common stock of Splunk, Inc., including 2,025,000 shares from the full exercise of the underwriters’ option to purchase additional shares. Of these shares, Splunk offered 14,532,278 shares and the selling stockholders offered 992,722 shares. The common stock is listed on the Nasdaq Stock Market under the symbol “SPLK.”
Tags: Davis Polk & Wardwell LLP Baker Donelson Adds Two Shareholders in Orlando
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC, announces the addition of Martha Anderson Hartley and Zachary J. Bancroft to the Firm’s Orlando office.
Tags: Baker, Donelson, Bearman, Caldwell & Berkowitz, PC Simpson Thacher Represents KKR in Connection with Announced Sale of 50 Percent Interest in El Paso Midstream Investment Company L.L.C to Kinder Morgan
The Firm is representing an investment vehicle affiliated with KKR & Co, L.P. in connection with its announced sale to Kinder Morgan Energy Partners, L.P. of its 50 percent interest in El Paso Midstream Investment Company L.L.C., a joint venture owning the Altamont gathering, processing, and treating assets and the Camino Real Gathering System, for $300 million in Kinder Morgan Energy Partners, L.P. common units. El Paso Corporation owns the other 50 percent of the joint venture. The parties anticipate that the transaction will close subsequent to the completion of Kinder Morgan, Inc.’s acquisition of El Paso, which is expected to occur by the end of May.
Tags: Simpson Thacher & Bartlett LLP | New York McDermott Advises H.I.G. Growth Partners in Health Services Acquisition
International law firm McDermott Will & Emery LLP today announced that it successfully represented H.I.G. Growth Partners and its newly formed portfolio company, Community Intervention Services, Inc, (CIS), in the acquisition by CIS of Massachusetts-based South Bay Mental Health Center, Inc. The McDermott team also advised on the financing of the deal, which included both senior secured term and revolving credit facilities from multiple sources.
Tags: McDermott Will & Emery LLP Latham & Watkins Advises Watson Pharmaceuticals in EUR4.25 Billion Acquisition of Actavis Group
Watson Pharmaceuticals, Inc. and Actavis Group have jointly announced that Watson has entered into a definitive agreement to acquire privately held Actavis for an upfront payment of EUR4.25 billion. Actavis has operations in more than 40 countries and presently has a portfolio which includes more than 1,000 medicines present on the market and registered in more than 70 countries. As a result of the transaction, Watson will become the third largest global generics company, with 2012 anticipated pro forma revenue of approximately US$8 billion. The acquisition will be subject to customary conditions in and outside of the United States, and Watson anticipates closing the transaction in the fourth quarter of 2012.
Tags: Latham & Watkins LLP Gilbert + Tobin Advises Financiers on $800m Iluka Resources Deal
Gilbert + Tobin has advised a number of domestic and foreign financial institutions on a series of five year bilateral revolving credit facilities for Iluka Resources (“Iluka”) totalling $800 million.
Tags: Gilbert, LLP Covington Advises Armani on New Franchise Agreement
Covington & Burling advised Giorgio Armani in a deal to terminate its existing joint venture and store lease arrangement in India with DLF Retail Brands. As a result of the termination, Armani will enter into a new franchise arrangement with Genesis Luxury Fashion Pvt. Ltd.
Tags: Covington & Burling LLP