Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the nation’s largest labor and employment law firms, continues to add depth and experience to the firm’s Employee Benefits Practice Group in welcoming Benjamin Delancy as a shareholder. Delancy will be based in the firm’s Washington and San Francisco offices. Delancy has more than 30 years of experience focused in sophisticated benefits matters, including extensive experience in executive compensation for public and private companies. Prior to joining Ogletree Deakins, Delancy was a partner at Morgan Lewis where his practice focused primarily on executive compensation, and also included qualified retirement plans, and health and welfare programs.

International law firm Stephenson Harwood has advised Piramal Healthcare in relation to the English law aspects of its acquisition of a strategic equity stake in Indian mobile phone operator, Vodafone Essar Limited (VEL) for $640 million.

Global law firm White & Case LLP advised PagesJaunes Groupe SA on its acquisition of Fine Media, publisher of popular consumer portal ComprendreChoisir.com, which receives more than1.5 million visits a month.

Davis Polk advised Bank of America, N.A. as administrative agent in connection with a $1.5 billion multicurrency revolving credit facility and a $2 billion 364-day revolving credit facility for Ecolab Inc. The multicurrency facility refinances Ecolab’s existing multicurrency facility, and together with the 364-day facility, will be used for general corporate purposes, including in connection with financing Ecolab’s proposed acquisition of Nalco Holding Company and to backstop commercial paper.

Davis Polk advised Banca Cívica, S.A. on its €599.8 million Rule 144A/Regulation S initial public offering of its ordinary shares. Credit Suisse acted as the global coordinator and also as a joint bookrunner of the offering alongside Morgan Stanley. This is the second initial public offering to be conducted by former Spanish savings banks, or cajas.