International Rectifier Corporation (IR) has completed its acquisition of privately held CHiL Semiconductor Corporation (CHiL) for $75 million in cash.
Tags: Nixon Peabody LLP Simmons & Simmons Advises on Acquisition of Close Brothers’ Cayman Island Operations
Simmons & Simmons has advised Intertrust Group Holding S.A. (Intertrust) on the acquisition of the Cayman Islands trust, fiduciary services, fund administration and banking business of Close Brothers Group plc (Close Brothers). Waterland Private Equity Investments B.V. acquired Intertrust from Fortis Bank Nederland and BGL in 2009 and the transaction represents the first acquisition during Waterland’s ownership of Intertrust.
Tags: Simmons & Simmons Paul Hastings Advises on First Hong Kong IPO by a Chinese Property Developer in 2011
Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Macquarie Capital Securities Limited (“Macquarie”), The Hong Kong and Shanghai Banking Corporation Limited (“HSBC”) and Nomura International (“Nomura”) as the underwriters in Top Spring International Holdings Limited’s (“Top Spring”), a Shenzhen-based Chinese property developer, US$200 million Hong Kong Initial Public Offering (IPO). The listing comprised a Hong Kong public offering and a Reg S/Rule 144A international offering.
Tags: Paul Hastings, LLP | Hong Kong Allens Acts on Bush Inheritance
Linklaters Advises Arcus Infrastructure on its £760M P2P Bid for Forth Ports PLC
Linklaters has advised Arcus Infrastructure on its £760 million P2P bid for Forth Ports PLC. The bid will be implemented by a court sanctioned scheme of arrangement and will be financed by a combination of equity from the limited partners of Arcus’ European Infrastructure Fund and debt financing arranged and underwritten by a consortium of banks including JP Morgan, Royal Bank of Canada, The Royal of Scotland plc, Credit Agricole and Santander.
Tags: Linklaters LLP Simpson Thacher Represents Schwab in $1.0 Billion Acquisition of optionsXpress
Simpson Thacher is representing The Charles Schwab Corporation in connection with its all-stock acquisition of optionsXpress Holdings, Inc., a Chicago-based online brokerage company, valued at approximately $1.0 billion.
Tags: Simpson Thacher & Bartlett LLP T&K Represents First Mexican Real Estate Investment Trust
The global law firm of Thompson & Knight has assisted the first real estate investment trust (“REIT”) to be listed on Mexico’s stock exchange. The trust, Fibra Uno, was launched on March 17, 2011, with an initial public offering that raised 3.62 billion pesos (US$300 million).
Tags: Thompson & Knight LLP Willkie Paris Office Advises PAI on Sale of Co-Ownership Stake in Yoplait to General Mills
Willkie represented private equity firm PAI partners in the sale of its 50 percent stake in Yoplait, the second largest yogurt maker in the world, to U.S.-based food company General Mills, one of the world’s largest food companies.
Tags: Willkie Farr & Gallagher LLP Simpson Thacher Represents Initial Purchasers in Offering of $750M Senior Notes by MEG Energy Corp. and $1.5B Refinancing of Credit Facility
The Firm represented Barclays Capital, Credit Suisse, BMO Capital Markets, Morgan Stanley, CIBC, HSBC and RBC Capital Markets as initial purchasers in connection with the Rule 144A and Regulation S offering by MEG Energy Corp. (“MEG”) of $750 million aggregate principal amount of 6.50% Senior Notes due 2021.
Tags: Simpson Thacher & Bartlett LLP K&L Gates Advises Jordan Energy and Mining on $1.8 Billion Jordanian Oil Shale Concession Agreement
Global law firm K&L Gates LLP successfully advised Karak International Oil, a subsidiary of U.K. company Jordan Energy & Mining Limited (JEML), on the signing of a US$1.8 billion oil shale retort concession agreement with the Jordanian Government to develop part of Jordan’s extensive oil shale reserves.
Tags: K&L Gates LLP