Cooley advised Blackbird Technologies, Inc. in its acquisition by Raytheon for $420 million. Blackbird is a technology solutions provider solving challenges for customers in the defense, intelligence and law enforcement communities. Raytheon is a technology and innovation leader specializing in defense, security and civil markets throughout the world, providing state-of-the-art electronics, mission systems integration and other capabilities. More >>
Tags: Reston
Curtis Opens New Office in Rome
Curtis, Mallet-Prevost, Colt & Mosle LLP (“Curtis”) has announced the opening of the newest Curtis office in Rome, Italy. Rome becomes the 17th member of international law firm’s family.
Curtis’ chairman, George Kahale III, noted that “the needs of our clients in our growing Italian operations require that we have a strong presence in Rome in addition to Milan. We are pleased to meet that challenge with the addition of two distinguished Italian practitioners who will anchor the office and provide a base for additional growth.” More >>
Tags: Curtis, Mallet-Prevost, Colt & Mosle LLP | RomeSetterwalls advised WSP Global Inc in connection with USD 1.31 billion acquisition of Parsons Brinckerhoff
Setterwalls has advised WSP Global Inc in connection with its USD 1.31 billion acquisition of all of the issued and outstanding capital stock of the entities comprising the business of Parsons Brinckerhoff Group Inc., the professional services division of Balfour Beatty plc. Setterwalls were Swedish legal advisors to WSP in the transaction.
Setterwalls’ team comprised primarily Kristina Einarsson, Anders Grefberg, Kamilla Burman and Samuel Skybrand.
Tags: London
Simpson Thacher Represents Hellman & Friedman in Raising $10.9 Billion Private Equity Fund
Simpson Thacher represented Hellman & Friedman in connection with the organization of Hellman & Friedman Capital Partners VIII, L.P., an approximately $10.9 billion private equity fund focused on making large-scale equity-related investments primarily in the U.S. and Europe. HFCP VIII, the largest in H&F’s history, was heavily oversubscribed. Hellman & Friedman, a San Francisco-based private equity investment firm, is a leading investor in a number of industries including software; internet, digital and traditional media; financial services; insurance; business, marketing and information services; energy and industrials; and healthcare. With the closing of HFCP VIII, H&F has raised over $35 billion of committed capital since forming its first partnership in 1987. More >>
Tags: Simpson Thacher & Bartlett LLP | Palo Alto
Wragge Lawrence Graham & Co advises Formation Capital LLC on its acquisition of NHP for a consideration of £477 million
Wragge Lawrence Graham & Co’s 35-lawyer team was led by the head of private sector healthcare Karima Hudson, Christine Jackson and David Hayward (partners, real estate) and Jon Lent (partner, finance). The team worked alongside international law firm Skadden on the deal. More >>
Tags: Gowling WLG | London
McDermott Advises Stonehage on Proposed Merger with Fleming Family & Partners
International law firm McDermott Will & Emery, working closely with Stonehage’s in-house counsel, is advising Stonehage on its proposed merger with Fleming Family & Partners to form Stonehage Fleming Family and Partners. The merger of these two firms will form the largest independent multi-family office in Europe, the Middle East & Africa. The combined group will administer more than $43 billion of assets including more than $11 billion of assets under management, and serve over 250 families. More >>
Tags: McDermott Will & Emery LLP | London
King & Wood Mallesons advises China Travel Service on US$1 billion guaranteed notes issue
CTS HK is a PRC state-owned travel agency group which focuses on travel and tourism with diversified businesses including real estate development, logistics and freight forwarding services and iron and steel production. CTS HK is one of the three PRC state-owned enterprises that are headquartered in Hong Kong. More >>
Tags: King & Wood Mallesons | Hong Kong
Herbert Smith Freehills completes A$1.215 billion sale for UGL Limited
Herbert Smith Freehills has advised UGL Limited (ASX:UGL) on the completion of the sale of its global property services business, DTZ, to a consortium comprising TPG Asia, Inc, PAG Asia Capital and Ontario Teachers’ Pension Plan (together TPG and Partners) for A$1.215 billion. The deal was signed on 14 June 2014 and closed on 5 November 2014. More >>
Tags: Herbert Smith Freehills LLP | Brisbane | Sydney
Covington Advises UCB in $1.525 Billion Sale of Kremers
Covington & Burling represented UCB in connection with its agreement to sell Kremers Urban Pharmaceuticals Inc., a U.S.-based subsidiary, to Advent International and Avista Capital Partners. UCB will receive gross cash proceeds of $1.525 billion upon closing. More >>
Tags: Covington & Burling LLP | New YorkCovance Inc.’s $6.1 Billion Acquisition by LabCorp
Laboratory Corporation of America® Holdings (LabCorp®) and Covance Inc. announced that they have entered into a definitive agreement under which LabCorp will acquire Covance for cash and LabCorp shares currently valued at $105.12 per Covance share, or an equity value of approximately $6.1 billion. Cravath represented Covance in this transaction. The combination will create the world’s leading healthcare diagnostics company. The transaction is expected to close in the first quarter of 2015 and is subject to Covance shareholder approval, regulatory approvals and customary closing conditions. More >>
Tags: New York