Stamford Law advised Bumitama Agri Ltd. (“Bumitama”) on its initial public offering and listing on the Mainboard of the SGX-ST. Bumitama is a young and fast-growing pure upstream palm oil producer that is based in Indonesia, and its listing – with a market capitalisation of S$1.31 billion – is the first sizeable billion dollar market capitalisation new listing on the SGX-ST in 2012. The offering (excluding the cornerstone shares) was approximately 30.8 times subscribed.
Simpson Thacher Represents the Initial Purchasers in Micron Technology, Inc.’s $1.0 Billion Convertible Senior Notes Offering and the Dealers in 100 Million Share Capped Call Option Transactions
The Firm recently represented the initial purchasers, led by Morgan Stanley and J.P. Morgan, in connection with Micron Technology, Inc.’s offering of $1.0 Billion aggregate principal amount of Convertible Senior Notes due 2032. The notes were offered in two tranches and only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended.
Tags: Simpson Thacher & Bartlett LLP | New York Eversheds Fuels $2.8 Billion Acquisition of Scandinavian Petrol Stations
International law firm Eversheds has acted as local counsel and antitrust counsel in advising Alimentation Couche-Tard, the largest independent convenience store operator in North America on the $2.8 Billion purchase of transport fuel retailer, Statoil Fuel & Retail from Statoil.
Tags: Eversheds Sutherland Porter Hedges Represents Cameron International Corporation in the $270 Million Acquisition of TTS Energy Division
Porter Hedges represented Cameron International Corporation (“Cameron”) in an agreement announced today to acquire the drilling equipment business of TTS Energy Division from TTS Group ASA (Oslo Stock Exchange) in an all cash transaction valued at $270 million. The deal is expected to close in mid-2012, subject to customary closing conditions, including review and approval by the Norwegian Competition Authorities (NCA).
Tags: Porter Hedges LLP | Houston Steptoe Expands International Department, Latin American Practice with the Addition of Brazilian Pablo Bentes from the WTO
Steptoe is pleased to announce that Pablo Bentes, a native of Brazil who most recently served six years as a legal officer in the Appellate Body Secretariat of the World Trade Organization (WTO) in Geneva, has joined the firm’s International Trade and International Regulatory Compliance practice groups as a director. Mr. Bentes will reside in the firm’s Washington office, traveling regularly to Brazil and other parts of Latin America in connection with Steptoe’s expanding practice in Brazil and South America more generally.
Tags: Steptoe & Johnson PLLC Dechert Adds Emerging Markets Team, Opens in Dubai
Dechert LLP announced today that it will add a leading emerging markets team to its corporate and securities practice. Led by Camille Abousleiman, who will be Head of the firm’s Middle East and Africa practice, the team also includes partners Louise Roman Bernstein, Chris P. Sioufi, Gavin B. Watson and Nicola Mariani. In connection with the team joining, Dechert will open an office in Dubai, in addition to bolstering its existing US and UK capital markets practice groups.
Tags: Dechert LLP | Dubai Cozen O’connor Adds Three Dewey & LeBoeuf Attorneys Including Energy Partner Michael D. Klein
Cozen O’Connor announced that Michael D. Klein will join the firm’s energy, environmental & public utility practice group, splitting his time between the firm’s Washington, D.C., and Harrisburg, Pa., offices. He joins from Dewey & LeBoeuf where he was a partner and practiced for more than 20 years. Also joining the energy, environmental & public utility practice group are former Dewey & LeBoeuf associates Ahren S. Tyron, who will join the firm as a Member, and Joshua L. Belcher who will join as an associate.
Tags: Cozen O'Connor, P.C. High-Profile Team of Corporate and Tax Lawyers Joins DLA Piper in Chicago
DLA Piper today announced that prominent lawyers Neal Aizenstein, Andrew Weil and Michael Legamaro have joined the firm in Chicago as partners. Aizenstein and Weil join the firm’s Corporate and Finance practice, while Legamaro joins the Tax practice. The team joins DLA Piper from Morgan, Lewis & Bockius LLP, where Aizenstein also served as Chicago office managing partner.
Tags: DLA Piper Leading Silicon Valley IP Trial Lawyer Hopkins Guy Joins Baker Botts
Leading Silicon Valley intellectual property trial lawyer Hopkins Guy joined Baker Botts L.L.P. today as a partner in the firm’s Palo Alto office. His practice focuses on patent, trade secret and commercial contract litigation involving all areas of web-based telecommunications, electronics and computer technologies.
Tags: Baker Botts L.L.P. | Silicon Valley Saudi Electricity Company Advised on the Latest High-profile International Sukuk Issuance
Allen & Overy, through its association with leading local law firm Abdulaziz AlGasim Law Firm, has advised Saudi Electricity Company (SEC), on the successful closure of its USD1.75 billion dual-series sukuk issue.