Proskauer represented Cameron Strang and his company, Southside Independent Music Publishing, in its sale to the Warner Music Group, one of the world’s largest music companies.

Orrick Holters & Elsing has advised Findos Investor, an independent private equity fund, on the acquisition of all shares in ABIT GmbH from the listed financial service provider GFKL Financial Services AG. ABIT GmbH with registered offices in Meerbusch (Dusseldorf, Germany) is a company specializing in credit and claims management, and which offers customized IT-solutions to savings banks, mutual savings banks, state banks and private banks.

Ashurst is advising DnB NOR Bank ASA, Swedbank AB (publ), Nordea Bank Norge ASA and Skandinaviska Enskilda Banken AB (publ) on their financing of private equity investment firm Nordic Capital’s acquisition of Handicare.

International law firm Freshfields Bruckhaus Deringer has advised the cross-over creditors (holding a mixture of senior and junior loans) of German cable network operator primacom on the group´s complete financial restructuring, and the acquisition by them of all of primacom’s issued share capital. 

Kaye Scholer represented Rebecca Taylor in its sale to Kellwood Company, a portfolio of Sun Capital Partners, Inc. Rebecca Taylor, created by designer Rebecca Taylor and her business partner Elizabeth Bugdaycay, is a leading designer and retailer of premium branded women’s contemporary apparel and accessories. Rebecca Taylor is distributed in over 40 countries and 250 cities worldwide. The Rebecca Taylor collection can be found in more than 500 stores globally, including such luxury retailers as Bergdorf Goodman, Bloomingdale’s, Neiman Marcus, Nordstrom, Saks 5th Avenue and other specialty boutiques.

King & Spalding has advised Total System Services, Inc. (“TSYS”), a leading outsourced payment services company, on the acquisition of the 49-percent interest in First National Merchant Solutions (“FNMS”) held by First National Bank of Omaha (“FNBO”). The acquisition gives TSYS full ownership of the FNMS joint venture that was initially formed by TSYS and FNBO in April 2010, with TSYS acquiring the remaining 49-percent of FNMS for approximately $169.6 million. The transaction closed January 1, 2011.

On December 29, 2010, MSREF V Amber B.V., a company controlled by four closed-ended funds managed by the Morgan Stanley group (“Amber”), sold its 100% equity interest in Cinecity Arts and Cinemas S.r.l. (“Cinecity”) to The Space Entertainment S.p.A. Cinecity is active in the management of multiplex movie theaters, and The Space Entertainment S.p.A. is a joint venture between 21 Partners, a private equity fund managed by the Benetton family, and Mediaset, the media company controlled by the Berlusconi family.

Shearman & Sterling advised Essar Global Limited as sponsor and its subsidiary, Essar Steel Minnesota LLC (ESM), as project company in connection with the financing of their approximately $1.097 billion Integrated Iron Ore Pellet Plant Project in Northern Minnesota.

Shearman & Sterling is representing Greece’s fourth largest bank, Piraeus Bank S.A., on its €807 million rights issue. According to the terms of the rights issue the bank is offering existing shareholders 12 new shares for every five held. The offering is fully underwritten by a group of banks led by Barclays Bank, Credit Suisse Securities (Europe), Goldman Sachs and Morgan Stanley.