SNR Denton announced today that it has successfully advised Argos on its launch of Argos TV, a brand new digital TV home shopping channel. The new Argos TV channel, launching this week, will offer Argos’ customers another convenient way to shop.

Proskauer’s nationally recognized Health Care Department represented the Colorado Health Foundation, which works to provide Coloradans with access to health coverage and quality care, in an agreement to sell its approximately 40 percent equity share in HCA-HealthONE, LLC to Hospital Corporation of America (HCA) for $1.45 billion.

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated as sole book-running manager and representative of the several underwriters on an SEC-registered offering by Valmont Industries Inc., in connection with an add-on offering of $150 million aggregate principal amount of 6.625% senior notes due 2020. The notes are a reopening of an offering of $300 million of such notes issued in April 2010.

Shearman & Sterling represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers and joint bookrunners in connection with a $2.875 billion 364 day credit facility and a $2.875 billion four year revolving credit facility for PepsiCo, Inc.

Trowers & Hamlins, the City and international law firm, has announced the opening of a new office in Birmingham to add to the firm’s three UK offices in London, Exeter and Manchester as well as five Middle East offices.

The Firm represented Arch Coal, Inc. (NYSE: ACI) in connection with its Rule 144A offering of $2.0 billion of senior notes, consisting of $1.0 billion of 7.000% senior notes due 2019 and $1.0 billion of 7.250% senior notes due 2021.  The senior notes are guaranteed by Arch’s subsidiaries that also guarantee indebtedness under its senior secured credit facility.

The complex transaction involves an inter-conditional purchase of strategic assets from Newcrest Mining Limited and a post implementation $150 million entitlement offer. The transaction will result in the creation of a leading growth-focused Australian gold company with a pro-forma market capitalisation in excess of $1.1 billion.

Davis Polk is advising VF Corporation on its acquisition of The Timberland Company. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquired. The acquisition, which is expected to close in the third quarter, was unanimously approved by both companies’ boards of directors. The transaction is subject to customary conditions, including receipt of Timberland stockholder approval and applicable regulatory approvals.

The Firm represented Arch Coal, Inc. in connection with a public offering of 48.0 million shares of its common stock, for an aggregate public offering price of approximately $1.3 billion.  Arch Coal’s common stock is listed on the New York Stock Exchange under the symbol “ACI.”