Sandvik Mining and Construction and Shandong Energy Machinery Co. in Xintai, Shandong Province, China, have signed an agreement to form a 50/50 owned joint venture for the production and sale of coal mining equipment.

Patton Boggs LLP is pleased to announce today the formation of an innovative teaming arrangement with The Collingwood Group, LLC. The arrangement combines the strength of one of the nation’s premier law firms with one of the top business advisory groups in the financial services industry.

Cadwalader, Wickersham & Taft LLP, a leading counsellor to global financial institutions and corporations, today announced that Alec J. Burnside, a prominent European competition attorney, will be joining the Partnership. Burnside, formerly with Linklaters in Belgium, will open and manage Cadwalader’s new office in Brussels.

Proskauer represented Boparan Holdings Ltd. (Boparan), one of the leading food suppliers in the UK, in the issue by Boparan Finance PLC of £400 million of its 9 7/8% senior notes due 2018 and  €340 million of its 9 ¾% senior notes due 2018. The approximately $1.04 billion offering is one of the largest European high-yield bond issues in 2011.

Archer & Greiner PC and Herten, Burstein, Sheridan, Cevasco, Bottinelli, Litt & Harz LLC announced today that the two firms will combine effective May 2, 2011, creating New Jersey’s fourth largest law firm.

Goodwin Procter advised institutional investors in a fund advised by Prudential Real Estate Investors and Ashford Hospitality Trust on a consensual foreclosure and the successful restructuring of approximately $1.3 billion of debt related to the Highland Hospitality portfolio previously owned by JER Partners. Highland’s assets consisted of 28 properties under the Hilton, Marriott, Renaissance, Sheraton and Westin brands. Prior to the restructuring, the Highland portfolio included $700 million of mortgage debt and another $1.1 billion of mezzanine debt separated into eight tranches.

Davis Polk advised Bank of America, N.A. as administrative agent, HSBC Securities (USA) Inc. and ING Capital LLC as documentation agents, and HSBC Securities (USA) Inc., ING Capital LLC, BBVA Securities Inc., Merrill Lynch, Pierce, Fenner & Smith, Banco Santander (México), S.A. Institución de Banca Múltiple, Grupo Financiero Santander, Citigroup Global Markets Inc. and The Bank of Tokyo-Mitsubishi UFJ, Ltd. New York Branch as joint lead arrangers in connection with a $1.3 billion unsecured term loan credit facility provided to Grupo Bimbo, S.A.B de C.V. The obligations of the borrower under the credit facility are guaranteed by certain of the borrower’s Mexican and U.S. subsidiaries. The proceeds of the credit facility will be used for general corporate purposes. 

Watson, Farley & Williams, a leading international law firm, is pleased to announce that it advised the management team of Commarco GmbH (“Commarco”), a leading independent marketing services group in Germany, on its sale to WPP, the world’s largest communications services group. Independent mid-market European private equity firm, Cognetas LLP (“Cognetas”) and Commarco’s management team which holds 35% of the company’s share capital agreed to its acquisition by WPP. The purchase price is confidential and is subject to regulatory approval, with the transaction expected to close in the second half of 2011.  This is reportedly the largest acquisition in the German advertising industry.

Weil, Gotshal & Manges serves as antitrust counsel to Johnson & Johnson in its acquisition of Synthes, Inc., one of the world’s leading medical device companies. According to the merger agreement announced today, Johnson & Johnson will acquire Synthes for CHF159 per share, or approximately $21.3 billion. Each share of Synthes common stock, subject to certain conditions, will be exchanged for CHF55.65 in cash and CHF103.35 in Johnson & Johnson common stock.