Shearman & Sterling advised AmeriGas Partners, L.P. on its definitive agreement to acquire the propane operations of Energy Transfer Partners, L.P. for total consideration of approximately $2.9 billion, including $1.5 billion in cash, approximately $1.3 billion in AmeriGas common units, and the assumption of $71 million in debt.

Shearman & Sterling represented Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and RBS Securities Inc., as joint bookrunning managers and representatives of the several underwriters, in connection with a registered public offering of $350 million aggregate principal amount of investment grade 3.95% Notes due 2021 by Thomson Reuters Corporation. Thomson Reuters Corporation is a leading source of intelligent information for the world’s businesses and professionals.

Leading international law firm Clifford Chance today announced that David Raskin, Christopher J. Morvillo, and Edward C. O’Callaghan are joining the firm as Litigation partners in New York.  Having previously served together as federal prosecutors in the United States Attorney’s Office for the Southern District of New York, Raskin, Morvillo and O’Callaghan will be reuniting at Clifford Chance in early November to strengthen the firm’s New York-based White Collar, Regulatory Enforcement and Government Investigations practice group.

Shearman & Sterling represented Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas, BNP Paribas Securities Corp., The Royal Bank of Scotland plc and RBS Securities Inc. as arrangers in a $3 billion financing for Sealed Air Corporation (Sealed Air) related to its acquisition of Diversey Holdings, Inc. and the repayment of certain indebtedness. The firm also represented Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as representatives of the several initial purchasers in Sealed Air’s private placement of $750 million of its 8.125% Senior Notes due 2019 and $750 million of its 8.375% Senior Notes due 2021. A portion of the proceeds of the Senior Notes offering was used to finance the acquisition.