The firm is representing an investor group consisting of affiliates of Kohlberg Kravis Roberts & Co. L.P., Natural Gas Partners, Crestview Partners and Itochu Corporation, in their acquisition of Samson Investment Company, one of the largest private exploration and production companies in the United States, for $7.2 billion.
Tags: Simpson Thacher & Bartlett LLP | New York McDermott Bolsters Energy Practice with Hiring of Leading Natural Gas Regulatory Partner
International law firm McDermott Will & Emery today announced that it has named Karol Lyn Newman as a partner in its Energy Advisory Practice Group, based in the Firm’s Washington, D.C. office. She joins McDermott from Morgan Lewis & Bockius LLP, where she was previously a partner.
Tags: McDermott Will & Emery LLP O’Melveny & Myers LLP Represents Global Education in Acquisition by Pearson
O’Melveny & Myers LLP represents Global Education & Technology Group Limited (Nasdaq: GEDU), a leading provider of language training, educational courses and test preparation services in China, in its proposed sale to Pearson plc (Pearson), a global media and education company headquartered in London. The parties have entered into a definitive agreement and plan of merger pursuant to which Pearson (through a merger sub) would acquire all outstanding Global Education shares for a total value of approximately US$294 million. The transaction remains subject to approval by Global Education’s shareholders and is expected to be completed in the fourth quarter of 2011.
Tags: O'Melveny & Myers, LLP | Beijing Clayton Utz Advises on iNova Pharmaceuticals Sale
Clayton Utz has advised Ironbridge Capital and Archer Capital on the sale of iNova Pharmaceuticals to NYSE-listed Valeant, announced to the US market on 21 November. The deal values iNova at approximately A$700 million.
Tags: Clayton Utz DLA Piper Advises France’s Arc International on Its Acquisition of a Majority Stake in Russian Opitny Stekolny Zavod (OSZ)
Greenberg Traurig Represents Morgan Stanley as Financial Advisor to Pharmasset in Its $11 Billion Sale to Gilead
Pharmasset, Inc. (Nasdaq:VRUS) and Gilead Sciences, Inc. (Nasdaq:GILD) announced today that the companies have signed a definitive agreement under which Gilead will acquire Pharmasset for $137 per share in cash. Pharmasset is a clinical-stage pharmaceutical whose primary focus is the development of oral therapeutics for the treatment of hepatitis C virus (HCV) infection. The transaction, which values Pharmasset at approximately $11 billion, is expected to close in the first quarter of 2012.
Tags: Greenberg Traurig, LLP | New York King Spalding Advises AlAhli Takaful Company in SAR 80 Million Rights
King & Spalding and its affiliated office in Riyadh, the Law Office of Mohammad Al-Ammar, advised Jeddah-based AlAhli Takaful Company in its proposed 80 million Saudi Arabian Riyal (USD 21 million) capital increase through a rights issue. The company published a prospectus for the rights issue after receiving approval from the Saudi Arabian Capital Markets Authority.
Weil Team Facilitates Sale of Dallas Stars Hockey Team
Weil, Gotshal & Manges served as counsel to Dallas Stars, LP, owner of the Dallas Stars National Hockey League Club, in the successful sale of the club and all its hockey-related assets to a group owned by Vancouver-based businessman, Tom Gagliardi, and his family. Terms of the deal were not disclosed.
Tags: Weil, Gotshal & Manges, LLP | Dallas Kasowitz Opens Silicon Valley Office
Kasowitz, Benson, Torres & Friedman LLP is pleased to announce that it has opened an office today in Silicon Valley at 333 Twin Dolphin Drive in Redwood Shores, California. Douglas E. Lumish, chair of the firm’s intellectual property group, will serve as managing partner of the office.
Tags: Kasowitz Benson Torres LLP | Silicon Valley Allen & Overy Extends Global Litigation Practice to Australia
Allen & Overy has expanded its Australian practice to cover litigation and regulatory investigations expertise with the appointment of senior Australian litigation lawyer, John Samaha, to the partnership.
Tags: Allen & Overy LLP