Allen & Overy LLP acted for the joint bookrunners on the EUR3.4 billion increasable and extendable letter of credit facility for transportation manufacturer Bombardier.
Tags: Allen & Overy LLP Weil – Maple Group Makes $3.7 Billion Takeover Bid for TMX
Weil, Gotshal & Manges represents the Maple Group Acquisition Corp., a consortium of Canadian financial institutions, broker-dealers, and investment funds, in its $3.7 billion hostile takeover bid for TMX Group Inc., the owner and operator of the Toronto Stock Exchange, Canada’s largest stock exchange. The bid, launched today, offers C$48 per share for 70 percent of TMX’s outstanding shares. The deal would also include a court-approved plan that would give unaffiliated shareholders 40% of Maple shares in exchange for their remaining TMX stock.
Tags: Weil, Gotshal & Manges, LLP King & Spalding Advises Roark Capital in Acquisition of Arby’s
King & Spalding advised Roark Capital Group in the acquisition of the Arby’s restaurant chain from Wendy’s/Arby’s Group, Inc. The aggregate transaction value is estimated to be $430 million. The terms of the agreement provide for Wendy’s/Arby’s Group to receive at closing approximately $130 million of cash, subject to customary adjustments, and retain an 18.5 percent common stock interest in the Arby’s business expected to be valued at $30 million. The buyer will assume approximately $190 million of Arby’s-related debt, consisting primarily of capital lease and sale-leaseback obligations.
Tags: King & Spalding LLP Herbert Smith Advises MGM China Holdings Limited on HK$ 11.7 Billion IPO
Herbert Smith has advised MGM China Holdings Limited (“MGM China Holdings”) on its HK$11.7 billion (US$1.5 billion) IPO on the Main Board of Hong Kong Stock Exchange and Rule 144A/Regulation S global offering.
Tags: Herbert Smith Freehills Kramer LLP | Hong Kong Dewey & LeBoeuf Represents Genworth Financial in $290 Million Sale to Aetna
A team of Dewey & LeBoeuf lawyers is representing insurance holding company Genworth Financial in the $290 million sale of its Medicare supplement business and related blocks of in-force business to Aetna Inc.
Ashurst Advises ERG SpA on Joint Venture with Lukoil
Ashurst has advised the Italian company ERG Renew SpA on the drafting of arrangements and negotiation of terms of its joint venture with Lukoil, Russia’s largest oil company. The joint venture between ERG Renew and Lukoil will see the two parties pursuing the development of renewable energy projects in Eastern Europe and Russia.
Tags: Ashurst Freshfields Advises Swiss Re on the Acquisition of Selected Life Insurance Business from American Life Insurance Company
International law firm Freshfields Bruckhaus Deringer has advised Admin Re, one of Swiss Re’s three business units through which it acquires blocks of in-force life and health insurance business in relation to the acquisition of selected life insurance business from MetLife subsidiary, American Life Insurance Company.
Tags: Freshfields LLP Baker & McKenzie Advises AXA Private Equity on USD1.7 Billion Purchase of LBO Assets
Baker & McKenzie has advised AXA Private Equity on the USD1.7 billion purchase of leveraged buyout assets from Citigroup Inc.
Tags: Baker McKenzie McKool Smith Helps i4i Win $290 Million Supreme Court Ruling
The U.S. Supreme Court today ruled in favor of McKool Smith clients i4i Limited Partnership and i4i Inc. in a closely watched appeal of an earlier $290 million patent infringement judgment against software giant Microsoft Corp. (NASDAQ: MSFT).
Tags: McKool Smith, P.C. Shearman & Sterling Advises on Vedanta Resources’ $1.65 Billion Bond Offering
Shearman & Sterling represented Barclays Capital, Citi, Credit Suisse, The Royal Bank of Scotland, Standard Chartered Bank, Goldman Sachs International, J.P. Morgan and Morgan Stanley, the initial purchasers, in connection with Vedanta Resources’ offering of $1.65 billion in aggregate principal amount of 6.75% bonds due 2016 and 8.25% bonds due 2021.
Tags: Shearman & Sterling LLP 








