Salans Acts on Major Russian Private Equity Transaction

Salans has represented the founders of Novomet, one of Russia’s largest electrical submersible pump manufacturers, in the sale of shares to a syndicate of three investors, namely, Baring Vostok Capital Partners, Russia Partners (both leading private equity sponsors investing in the CIS) and RUSNANO (Russian Corporation of Nanotechnologies).

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Tags:  Dentons | Moscow

Herbert Smith Advises EDF Energy on Landmark New Nuclear Application Accepted by the Infrastructure Planning Commission

Herbert Smith has advised longstanding client EDF Energy on its application to the Infrastructure Planning Commission (IPC) for development consent for the construction and operation of a new 3.2GW nuclear power station at Hinkley Point in Somerset. Once fully operational, the power station will provide approximately 6% of the nation’s electricity.

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Tags:  Herbert Smith Freehills Kramer LLP

White & Case Closes Faurecia High Yield Bond Issue

Global law firm White & Case LLP has advised joint bookrunning managers BNP Paribas, Crédit Agricole CIB, Natixis and Société Générale Corporate & Investment Banking in connection with French issuer Faurecia’s debut high yield bond offering of €350 million 9.375% Senior Notes due 2016. HSBC and Mitsubishi UFJ Securities acted as co-managers on the transaction.

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Tags:  White & Case LLP

Mayer Brown Strengthens London Corporate Group with A&O Hire

Leading global law firm Mayer Brown announced the hire of Bernd Bohr to the Corporate & Securities practice. Bernd joins today as a partner from the New York office of Allen & Overy. He is relocating to London to help support the expansion of Mayer Brown’s US M&A and Capital Markets practice in Europe.

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Tags:  Mayer Brown LLP

Stephenson Harwood Advises Lion Air on Biggest Aviation Order in History

International law firm Stephenson Harwood is advising Indonesian airline Lion Air on the biggest ever airline order for 230 Boeing 737 aircrafts (including Boeing’s new 737 MAX aircraft), valued at US$21.7 billion. The deal includes purchase option rights for another 150 aircrafts, which would bring the total value of the order to US$35 million.

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Tags:  Stephenson Harwood | Singapore

Cooley Team Advises Excaliard Pharmaceuticals in Sale to Pfizer

Pfizer Inc. and Excaliard Pharmaceuticals, Inc. announced today that they have entered into a definitive agreement under which Pfizer will acquire Excaliard, a privately owned biopharmaceutical company focused on developing novel drugs for the treatment of skin fibrosis, more commonly referred to as skin scarring. The acquisition is expected to close before the end of the year.

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Tags:  Cooley LLP