Davis Polk is advising TE Connectivity Ltd. in connection with its exclusive negotiations with the Wendel Group and has made a binding offer to acquire Deutsch Group SAS in a transaction valued at €1.55 billion (approximately $2.06 billion at current exchange rates). The proposed acquisition will enable TE to provide a wide range of industry-leading connectivity products for harsh environment applications. The potential acquisition is expected to close by the end of June 2012.

Polsinelli Shughart welcomes attorney Susan F. Klein to the firm as a senior partner where she will practice international tax law. She focuses her practice on taxation and international private transactions, as well as private equity and mergers and acquisitions. She previously practiced at the New York City office of a large international law firm.

International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Project Finance partner Dan Bartfeld and senior associate Sarah Glenn, represented the Inter-American Development Bank (IDB) and the four international commercial participants, Caixa Geral, HSBC, Santander and WestLB AG, in connection with their US$430 million syndicated financing of the construction, operation and maintenance of a new private mixed-use container and liquids terminal in Brazil’s Santos Port.  A parallel financing of approximately R$633.4 million will be provided by Caixa Econômica Federal through a repasse loan provided by BNDES, to complete the total senior debt financing package of approximately US$786 million.