International law firm Weil, Gotshal & Manges is currently advising the management team of the Dometic Group (“Dometic”) in connection with the offer by EQT V to acquire Dometic from a consortium of its lenders (constituting 70% of the shareholders), the board of directors, and the management team (constituting 30% of the shareholders). The team is being led by London partner Mark Soundy, assisted by Simon Burrows.

Yesterday Amerigon Europe GmbH (Amerigon) announced the plan to offer to acquire bearer shares from shareholders of W.E.T. Automotive Systems AG (W.E.T.) in an all-cash voluntary public takeover offer. The transaction is subject to the approval of the respective antitrust authorities. The bidder and the majority shareholders of W.E.T. have entered into an agreement (the SPA) comprising either the direct sale of the shares to the bidder or their tender into the takeover offer. The SPA is subject to the approval of the competent corporate bodies as well as other conditions. The takeover offer is made in connection with the execution of a Business Combination Agreement between Amerigon and W.E.T. Amerigon is advised by the international law firm Milbank, Tweed, Hadley & McCloy LLP regarding all non-US corporate, tax and antitrust law aspects of the acquisition.

Davis Polk advised underwriters represented by J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with the offering of $1.7 billion aggregate principal amount of notes issued by McKesson Corporation. The notes were offered in three tranches maturing in 2016, 2021 and 2041.

Shearman & Sterling represented Barclays Bank PLC, Deutsche Bank AG, London Branch, Goldman Sachs International, and Morgan Stanley & Co. International & plc as initial purchasers in Edcon (Proprietary) Limited’s €317 million and US$250 million high yield bond offering. The proceeds of the offering will be used for general corporate purposes, including the refinancing of certain hedging obligations and existing indebtedness of Edcon. The firm also represented Absa Capital, a division of Absa Bank Limited, as facility agent in connection with Edcon’s senior revolving credit facility. Shearman & Sterling had also advised the arrangers and initial purchasers of the ZAR 26 billion acquisition financing for the acquisition of Edcon in 2007.

Taylor Wessing and Olswang have successfully completed the £215 million refinancing of the prime mid-town office building, Mid City Place, High Holborn. 

Stephenson Harwood’s Shipbuilding Group has advised one of the world’s largest shipbuilders on the negotiation of contracts for a project described by Lloyds List as the “World’s Biggest Ever Ship Order”. 

The Paris office has advised OMV on the US$866 million acquisition of the Tunisian oil exploration and production subsidiaries of Pioneer Natural Resources, an independent US oil and gas company. The transaction was signed on 6 January 2011 and closed on 18 February.

Weil, Gotshal & Manges LLP was counsel to Centro Retail, Australia’s largest manager of retail property investment syndicates, in negotiations to sell its portfolio of 588 U.S. shopping centers and its U.S. Service Business to BRE Retail Holdings, Inc., an affiliate of Blackstone Real Estate Partners VI, L.P. The sale is expected to close in mid-2011 and is part of Centro’s proposed restructuring of its capital structure. Blackstone will acquire the Centro’s U.S. business for an enterprise value of approximately $9.4 billion, with total equity proceeds for Centro, Centro Retail Trust, and its other managed funds totaling $1.38 billion. Centro’s proposed restructuring will result in a new entity with a leading Australian portfolio of retail centers.

Watson, Farley & Williams, a leading international law firm, is pleased to announce that it has advised Norddeutsche Landesbank Girozentrale (“NORD/LB”) on the acquisition financing of one of two sections of Finsterwalde, one of Germany’s largest solar parks (42 MWp), located in Brandenburg.