Davis Polk Advises Roche on Its Acquisition of Anadys Pharmaceuticals

Davis Polk is advising Roche in connection with its $230 million acquisition of Anadys Pharmaceuticals, Inc. In accordance with the terms of the merger agreement entered into by the parties, Roche will commence a tender offer for all of the outstanding shares of Anadys at $3.70 per share in cash. The closing of the transaction is expected to take place in 2011.

More >>

Tags:  Davis Polk & Wardwell LLP | New York

Bracewell Represents Kinder Morgan, Inc. in its $38 Billion Acquisition of El Paso Corporation

Bracewell & Giuliani LLP is representing Kinder Morgan, Inc. (NYSE: KMI) in its agreement to acquire all of the outstanding shares of El Paso Corporation (NYSE: EP) for approximately $38 billion, including the assumption of debt outstanding at El Paso Corporation and including the debt outstanding at El Paso Pipeline Partners, L.P. (NYSE: EPB).  The transaction will create the largest midstream and the fourth largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

More >>

Tags:  Bracewell LLP

Goulston & Storrs Continues Its Strategic New York Expansion: Aaron Abraham Joins as Director – Brings Two Associates

Goulston & Storrs is pleased to announce Aaron Abraham has joined the firm’s New York office as a Director. Aaron was most recently co-chair of the Construction Practice Group at Tarter Krinsky & Drogin LLP. In addition, Jonathan Grippo and Michael R. Wood will join the firm as Associates. The addition of Aaron, Jonathan and Michael is another pivotal step in the continuing expansion of the firm’s New York office.

More >>

Tags:  Goulston & Storrs PC | New York

Linklaters Advised the Underwriters on a Landmark Islamic Project Bond (Sukuk) for the Jubail Refinery in Saudi Arabia

Linklaters has advised (as international legal counsel) Deutsche Securities Saudi Arabia, Samba Capital & Investment Management Company and Saudi Fransi Capital as joint lead managers and joint bookrunners on the issuance of Saudi Riyal 3.749bn (approximately U.S.$1bn) sukuk certificates by Arabian Aramco Total Services Company (AATSC). The transaction represents the first ever Sharia compliant “greenfield” project bond (sukuk). The sukuk certificates are listed on the Saudi Stock Exchange (Tadawul).

More >>

Tags:  Linklaters LLP | Dubai

Qatar National Bank Establishes US$7.5 Billion Euro Medium Term Notes Program

Latham & Watkins represented Qatar National Bank (QNB), 50% owned by the State of Qatar, in connection with the establishment of QNB Finance Ltd.’s US$7.5 billion Euro Medium Term Notes program guaranteed by QNB. This follows the November 2010 debut bond offering by QNB Finance Ltd., guaranteed by QNB, of US$1.5 billion 3.125% Senior Notes due 2015. Notes issued under the program will be admitted to the official list of the London Stock Exchange.

More >>

Simpson Thacher Represents EQT VI Limited in Establishing €4.75 Billion Private Equity Fund

Simpson Thacher represented EQT VI Limited in the establishment of the EQT VI Fund (the “Fund”).  The Fund raised approximately €4.75 billion of commitments and its strategy will be similar to its predecessor fund with a focus on control investments in high-quality, market leading, medium-sized to large companies in growing industries in Northern and Eastern Europe.  The fund raising is, according to media reports, the biggest European buy-out fund raising to have a final close since the height of the financial crisis.

More >>

Tags:  Simpson Thacher & Bartlett LLP | New York