Simpson Thacher recently represented the underwriters, Deutsche Bank Securities Inc., Barclays Capital Inc. and Citigroup Global Marks Inc., in a public offering of 25,000,000 ordinary shares of Avago Technologies Limited at an aggregate public offering price of $848,750,000 by Avago’s principal shareholders.
Tags: Simpson Thacher & Bartlett LLP Bird & Bird Advises Lenovo on Public Takeover of Medion Group
Bird & Bird has advised Hong Kong listed Lenovo Group Limited, the world’s fourth largest manufacturer of personal computers with a yearly turnover of $21 billion, on its public takeover of German listed company Medion AG. The transaction will be valued at approximately €629 million.
Tags: Bird & Bird LLP Katten Represents Detroit Pistons in Sale of NBA Franchise
Katten Muchin Rosenman LLP is pleased to have represented the Detroit Pistons and The Palace of Auburn Hills in the completion of the sale of the NBA franchise and the team’s arena to California businessman and Michigan native Tom Gores and his private equity firm, Platinum Equity. The deal, originally announced in April, has been approved by the NBA Board of Governors and closed on June 1.
Tags: Katten Muchin Rosenman LLP Davis Polk – Applied Materials, Inc. $1.75 Billion Notes Offering
Davis Polk advised J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Mitsubishi UFJ Securities (USA), Inc. and Morgan Stanley & Co. LLC as joint book-running managers on the SEC-registered debt offering by Applied Materials, Inc., including $400 million of 2.65% notes due 2016, $750 million of 4.3% notes due 2021 and $600 million of 5.85% notes due 2041.
Tags: Davis Polk & Wardwell LLP Simpson Thacher Represents Bank of America Merrill Lynch and J.P. Morgan in Offering of $650 Million Senior Notes and $475 Million Term Loan by JBS USA, LLC
The Firm recently represented the initial purchasers, led by Bank of America Merrill Lynch and J.P. Morgan, in a sale of $650 million of 7.250% Senior Notes due 2021 of JBS USA, LLC, a Delaware corporation, pursuant to Rule 144A and Regulation S. In addition, the Firm represented the lead arrangers and JPMorgan Chase Bank, N.A., as administrative agent, in connection with a $475 million senior secured term loan to JBS USA, LLC.
Tags: Simpson Thacher & Bartlett LLP Jones Day – Alfa Group Sells Its Interest in CTC Media
Jones Day represented Alfa CTC Holdings in connection with the $1.1 billion sale of its 25.1% beneficial interest in CTC Media, Inc. (CTC) to Telcrest Investments Limited. CTC, a NASDAQ-listed company (NASDAQ: CTCM), is Russia’s leading independent television broadcaster. Telcrest is a newly formed company owned by Mediaset LLC, National Media Group JSC, Abit Holdings Limited, OJSC Surgutneftegaz, and Itera Media Limited. Alfa agreed to the sale after MTG Russia, the largest shareholder of CTC, waived its rights under a right of first offer provision in the stockholders agreement among Alfa CTC, CTC, and MTG Russia.
Tags: Jones Day | Moscow Simpson Thacher Represents Initial Purchasers in Inaugural $400 Million Debt Offering by Tupperware Brands Corporation
The Firm represented the initial purchasers, led by J.P. Morgan, HSBC and Wells Fargo Securities, in an offering of $400 million of 4.750% Senior Notes due 2021 by Tupperware Brands Corporation. The Notes are guaranteed on a senior secured basis by Tupperware’s wholly-owned subsidiary, Dart Industries Inc. The collateral securing the Guarantee consists of certain Tupperware® trademarks and service marks owned by Dart. The offering was conducted in reliance upon Rule 144A and Regulation S under the Securities Act of 1933, and investors have the benefit of registration rights. The offering constituted Tupperware’s inaugural debt offering.
Tags: Simpson Thacher & Bartlett LLP Davis Polk – Yandex N.V. $1.4 Billion Initial Public Offering
Davis Polk advised Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. as representatives of the several underwriters in connection with the SEC-registered initial public offering of 57,391,493 of Class A shares of Yandex N.V. for an aggregate price to the public of approximately $1.4 billion. Yandex sold 16,940,000 Class A shares and certain selling shareholders sold 40,451,493 Class A shares, including an aggregate of 5,217,405 Class A shares sold by Yandex and the selling shareholders pursuant to an over-allotment option granted to the underwriters. The shares are listed on the Nasdaq Global Select Market under the symbol “YNDX.” The offering was the biggest technology IPO worldwide this year and the largest IPO of an Internet company since Google Inc.’s IPO in 2004.
Tags: Davis Polk & Wardwell LLP Squire Sanders Advises Long Time Client Televent on US$2 Billion Acquisition by Schneider Electric
A multi-office team of lawyers with Squire, Sanders & Dempsey advised global IT solutions and business information provider Telvent GIT S.A. in connection with Telvent’s agreement to be acquired by global energy management specialist, Schneider Electric.
Tags: Squire Patton Boggs Paul Hastings Representing Equity LifeStyle Properties in $1.43 Billion Real Estate Portfolio Acquisition
Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that it is representing Equity LifeStyle Properties, Inc. in connection with the company entering into purchase and other agreements with certain affiliates of Hometown America, L.L.C. to acquire a portfolio of 76 manufactured home communities located in 16 states and certain manufactured homes and loans secured by manufactured homes, for a stated purchase price of $1.43 billion.
Tags: Paul Hastings, LLP 






