In its biggest leveraged buyout (LBO) since 2009, Blackstone Capital Partners VI L.P., has entered into a definitive merger agreement with Paul, Weiss client Emdeon, a publicly traded medical billing provider, for approximately $3 billion. Blackstone will acquire a controlling interest in Emdeon, taking the company private.The transaction was noted today in The New York Times “Dealbook.”
Tags: Paul, Weiss, Rifkind, Wharton & Garrison LLP | New YorkWhite & Case Advises Saudi Aramco on US$20 Billion Joint Venture with Dow Chemical in Saudi Arabia
Global law firm White & Case LLP is representing Saudi Arabian Oil Company (Saudi Aramco) on its joint venture with The Dow Chemical Company (Dow) to build and operate a US$20 billion world-scale integrated chemicals complex in Jubail Industrial City, Saudi Arabia. Saudi Aramco and its predecessor company, the Arabian American Oil Company, has been a White & Case client for more than half a century.
Tags: White & Case LLP | DubaiShearman & Sterling Advises SunGard on Sale of Unit to Affiliates of Hellman & Friedman
Shearman & Sterling is representing its longtime client SunGard Data Systems Inc. in the sale of its Higher Education businesses to affiliates of Hellman & Friedman for a cash purchase price of $1.775 billion. Following the closing, SunGard’s Higher Education businesses will be combined under a new holding company with Datatel, an existing Hellman & Friedman portfolio company.
Tags: Shearman & Sterling LLP Cooley Advises Web.com on its $560 Million Acquisition of Network Solutions
Web.com, a leading provider of internet services and online marketing solutions for small and medium-sized businesses (SMBs), and privately-held Network Solutions, a leading provider of website services, online marketing and global domain name registration focused on the needs of SMBs, today announced the signing of a definitive agreement for Web.com to acquire Network Solutions.
Tags: Cooley LLP Clifford Chance Advises on FLY Leasing’s Purchase of 49 Aircraft
Leading international law firm Clifford Chance has advised FLY Leasing Limited (FLY) on the purchase of a US$1.4 billion portfolio of 49 aircraft, leased to 23 airlines in 15 countries (including Europe and the Asia-Pacific region).
Tags: Clifford Chance LLP Squire Sanders Eyes Asia Pacific Expansion
Squire, Sanders & Dempsey, a top 25 global legal practice, is finalizing talks with the majority of the partners from the Western Australia firm that has operated under the Minter Ellison brand for more than two decades. Squire Sanders plans to expand into Australia and strengthen its presence in Asia Pacific, the fastest growing region in the world, by establishing a strong position in Western Australia.
Tags: Squire Patton Boggs Minter Ellison to Establish Its Own Fully Integrated Office in Perth
Minter Ellison is establishing its own fully integrated office in Perth and has amicably ended its association with the Perth firm that has operated under the “Minter Ellison” name in Western Australia.
Tags: MinterEllison Lateral Hires Entrenches Freehills as a Leader in IT and Communications
Freehills has recruited three of the industry’s best as part of a strategic focus on Australia’s IT and communications sectors, adding two new partners and an executive counsel to entrench its leading practice in this sector.
Simpson Thacher Represents Underwriters in IPO of Dunkin’ Brands Group, Inc.
The Firm recently represented a group of underwriters, led by J.P. Morgan Securities LLC, Barclays Capital Inc., Morgan Stanley & Co. LLC and Goldman, Sachs & Co., in the initial public offering of common stock of Dunkin’ Brands Group, Inc. (“Dunkin’ Brands”), a portfolio company of Bain Capital LLC, The Carlyle Group and Thomas H. Lee Partners. Dunkin’ Brands shares are now listed on the NASDAQ Global Select Market under the ticker symbol “DNKN”. A total of approximately $454.6 million in proceeds was raised in the offering. Dunkin’ Brands received approximately $395.3 million in gross proceeds from the offering and the remaining $59.3 million in gross proceeds were received by affiliates of Bain Capital LLC, The Carlyle Group, Thomas H. Lee Partners and certain other selling stockholders.
Tags: Simpson Thacher & Bartlett LLP CMS Cameron McKenna- Successful Completion of €932.5m Acquisition of Serbian Delta Maxi Group
The largest food retail transaction in Serbian history successfully completed yesterday, with CMS in Brussels, London and Belgrade, successfully advising Delhaize Group in relation to the acquisition of Delta Maxi Group. Delta Maxi is the leading Serbian food retail company which operates more than 450 stores in five Southeastern European countries (Serbia, Bulgaria, Bosnia and Herzegovina, Montenegro and Albania).
Tags: CMS