Dentons has advised Bank of Tokyo-Mitsubishi UFJ (Malaysia) on an Islamic commodity murabahah facility of US$100 million to the Islamic Corporation for the Development of the Private Sector.
ICD is one of the most influential agencies in the Islamic finance markets and the facility is the first ever financing by BTMU with a multilateral international financial entity. More >>
Tags: Dentons | Dubai
A multioffice team of attorneys with international law firm Greenberg Traurig represented longtime client Gentiva Health Services, Inc. (NASDAQ:GTIV) in its definitive merger agreement with Kindred Healthcare, Inc. (NYSE:KND). The transaction is valued at $1.8 billion, including the assumption of net debt. The companies expect the closing of the transaction to occur in the first quarter of 2015. More >>
Tags: Greenberg Traurig, LLP | Atlanta | New YorkLindquist & Vennum client Graco Inc. recently announced its entry into a definitive agreement with Carlisle Companies Incorporated, pursuant to which Graco has agreed to sell, in a $590 million cash deal, the finishing brands business it acquired from Illinois Tool Works Inc. in April 2012. Graco reported that it expects the transaction to close no later than the first quarter 2015. Graco has been holding separate the finishing brands business by order of the U.S. Federal Trade Commission. Attorneys Joe Humke and Chuck Moorse are leading the Lindquist team in representing Graco on the transaction.
Tags: MinneapolisWillkie client Auxilium Pharmaceuticals, Inc., a specialty biopharmaceutical company, entered into a definitive merger agreement to be acquired by Endo International plc for a combination of cash and stock which values Auxilium at approximately $2.6 billion. The signing of the merger agreement follows Auxilium’s receipt on September 12 of an unsolicited, non-binding proposal from Endo. In connection with the signing of the merger agreement, the board of directors of Auxilium determined that the merger agreement with Endo constituted a superior proposal under the terms of Auxilium’s existing merger agreement with QLT Inc. and terminated the QLT merger agreement. More >>
Tags: New York
Shearman & Sterling represented the underwriters, represented by BofA Merrill Lynch, in connection with the purchase of $250 million aggregate principal amount of The GEO Group, Inc.’s (“GEO”) 5.875% Senior Notes due 2024. The net proceeds of the offering will be used to pay down indebtedness outstanding under GEO’s revolving credit facility and to pay related fees, costs and expenses. More >>
Tags: Shearman & Sterling LLP | New York | San Francisco | Washington
Matheson advised Auxilium Pharmaceuticals Inc. on its $2.6 billion merger with Endo International plc. The transaction, which was announced on 9 October 2014, has been unanimously approved by the boards of directors of both companies. The transaction is valued at USD 2.6 billion, including the repayment and assumption of debt. The deal is expected to close in H1 2015 and is subject to shareholder and regulatory approval. More >>
Tags: Matheson | Dublin
Kirkland & Ellis LLP advised Blackstone Energy Partners in its $700M equity commitment to Windy Cove Energy LLC to acquire and develop carbon dioxide-enhanced oil recovery properties in the United States. Windy Cove is a newly formed oil and gas company based in Houston, TX. More >>
Tags: Kirkland & Ellis LLP | Honolulu
Herbert Smith Freehills has advised Regis Healthcare Limited (Regis) on its successful A$485.8 million initial public offering (IPO) on the Australian Securities Exchange, with shares in Regis closing 10% higher than the offer price on the opening day of trading. More >>
Tags: Herbert Smith Freehills LLP | Melbourne | Sydney
Schiff Hardin LLP, a leading national law firm, today announced it is expanding its platform with a new office in Dallas. The office will be anchored by five accomplished finance, corporate and securities partners. They will occupy temporary space at 1717 McKinney Avenue in Dallas, while the firm secures an office capable of accommodating an expanding local presence. Celebrating its 150th Anniversary in 2014, Schiff Hardin now comprises more than 400 attorneys across eight offices located throughout the United States. More >>
Tags: Schiff Hardin LLP | Dallas
Akin Gump advised GE Capital on the $1.3 billion sale of more than 300 private equity, venture capital and other private fund interest to Ardian (formerly AXA Private Equity), in one of the largest secondary fund portfolio sales of the year. More >>
Tags: Akin Gump Strauss Hauer & Feld LLP | Washington