Clifford Chance advises O1 Group on the acquisition of a stake in Austrian CA Immo from UniCredit for EUR295 million

Tuesday, October 7, 2014

Clifford Chance has advised its longstanding client O1 Group on the acquisition and on the acquisition financing of a 16% stake in Austrian CA Immo from UniCredit. The total value of the transaction is EUR295 million.

The 15,954,891 ordinary shares acquired by O1 Group Limited represent the entire participation currently held by UniCredit in CA Immo and correspond to approximately 16.35% of the outstanding share capital and voting rights of CA Immo. The closing of the acquisition by O1 Group Limited of UniCredit’s shares in CA Immo is subject to the fulfilment of customary conditions precedent, such as merger control clearance, and expected to occur in November 2014. More >>

Tags:  Clifford Chance LLP | Düsseldorf | Moscow

Knobbe Martens Client Alios BioPharma Announces Acquisition Agreement with Johnson & Johnson for $1.75 Billion

Tuesday, October 7, 2014

Alios BioPharma, Inc., a biotechnology company developing proprietary therapeutics for viral diseases, announced on September 30, 2014 a definitive agreement with Johnson & Johnson whereby Alios will be acquired for approximately $1.75 billion in cash payable upon closing of the transaction. The transaction has been approved by the boards of directors of both companies. More >>

Tags:  Knobbe Martens | San Diego

Mourant Ozannes advises Investec Asset Management on funds migration

Tuesday, October 7, 2014

Offshore law firm Mourant Ozannes has advised Investec Asset Management Guernsey Limited on the migration and re-domiciliation from Ireland to Guernsey of Investec International Funds, a $1.2 billion fund of funds unit trust.

The re-domiciliation took effect in July 2014 and involved all legal and regulatory aspects, including investors’, Irish Central Bank and GFSC approvals and changes to the Fund documentation, to remove the Fund from Ireland and authorise it as a Guernsey Class B open ended Unit Trust. More >>

Tags:  Mourant Ozannes | Guernsey

Proskauer Advises Becton Dickinson on Its Merger with CareFusion for $12.2 Billion

Tuesday, October 7, 2014

Global law firm Proskauer advised Becton, Dickinson and Company on employee benefits matters in connection with its $12.2 billion merger with CareFusion Corporation. The transaction is subject to regulatory and CareFusion shareholder approvals and customary closing conditions, and is expected to close in the first half of calendar year 2015. More >>

Tags:  Proskauer Rose LLP | Washington

T&K Attorneys Advise EnerVest in $1.95 Billion Acquisition of Oil and Gas Assets

Monday, October 6, 2014

Thompson & Knight advised privately-held institutional affiliates of EnerVest Ltd. (“EnerVest”) in the $1.95 billion acquisition of oil and gas assets in the Granite Wash and Cleveland fields of Texas and Western Oklahoma from Linn Energy LLC (“Linn”).

The Thompson & Knight team was led by Arthur J. Wright and included Brandon L. Bloom, Cole Bredthauer, Anthony J. Campiti, Jason Patrick Loden, Mary A. McNulty, and Kelli C. Sims.

The purchase almost triples EnerVest’s position in the Anadarko Basin. The Granite Wash and Cleveland properties acquired by the company include approximately 145,000 net acres with production of about 195 million cubic feet of natural gas equivalent per day. The sale is expected to close in the fourth quarter of 2014 with an effective date of September 1, 2014.

EnerVest is one of the 25 largest oil and gas companies in the United States, with more than 34,000 wells across 15 states, 5.5 million acres under lease, and $10 billion in assets under management.

Tags:  Thompson & Knight LLP | Dallas

Mizuho Bank Completes Offering of an Aggregate of US$2.5 Billion of Senior Notes Guaranteed by Mizuho Financial Group

Monday, October 6, 2014

The Firm recently represented Japan’s Mizuho Bank, Ltd., as issuer, and Mizuho Financial Group, Inc., as guarantor, in connection with the offerings of US$500 million of 1.70% Senior Notes due 2017, US$1.0 billion of 2.65% Senior Notes due 2019, US$500 million of 3.60% Senior Notes due 2024 and US$500 million of Senior Floating Rate Notes due 2017, each pursuant to Rule 144A and Regulation S under the Securities Act. Mizuho Securities USA Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Goldman, Sachs & Co. were the joint lead managers for the offering. Mizuho Bank, Ltd. is one of Japan’s largest banks and is a wholly owned subsidiary of Mizuho Financial Group, Inc., one of Japan’s largest banking groups. More >>

Tags:  Tokyo

Paul Hastings Advises WH Group on US$1.5 Billion Term Loan Facility

Monday, October 6, 2014

Paul Hastings, a leading global law firm, announced today that the firm advised WH Group Limited, the world’s largest pork company, with global leadership across key segments of the industry value chain, including packaged meats, fresh pork and hog production, on its term loan facility provided by certain banks in the amount of US$1.5 billion.

Proceeds from the facility will be used to refinance the entire outstanding principal of WH Group Limited’s existing US$4 billion term loan facility from 2013. More >>

Tags:  Paul Hastings, LLP | Hong Kong

Rhodes Food Group Initial Shares Offering

Monday, October 6, 2014

Davis Polk advised Morgan Stanley & Co. International plc, Rand Merchant Bank, a division of FirstRand Bank Limited and Renaissance Securities (Cyprus) Limited, as joint bookrunners, in connection with the ZAR 1.2 billion (US$110 million) initial offering of the ordinary shares of Rhodes Food Group Holdings Limited. The offering consisted of 92,750,000 shares at a price to investors of ZAR 12.00. In addition, the joint bookrunners have an over-allotment option with respect to 9,275,000 ordinary shares of Rhodes Food Group.

The offering consisted of an offer for subscription by Rhodes Food Group and an offer for sale by certain of its shareholders to institutional and other selected investors in South Africa. Selling shareholders in the offer included funds of Capitalworks, a South African private equity group that is Rhodes Food Group’s largest shareholder, as well as members of the company’s management. Rhodes Food Group’s shares are listed on JSE Limited under the symbol “RFG.” More >>

Tags:  London

Law Firms Miller Nash and Graham & Dunn Announce Combination

Friday, October 3, 2014

Miller Nash LLP and Graham & Dunn PC announced today that they are combining to create the 160-attorney firm of Miller Nash Graham & Dunn LLP (MNG&D), effective January 1, 2015. The combined firm will have offices along the West Coast, offering clients expanded services and broadened capabilities.

“Combining our two firms increases our ability to serve the banking, business and public sectors and further enhances our already powerful litigation team—something that both firms have been focused on for a long time,” said Dennis Rawlinson, Partner and Firm Chair of Miller Nash. More >>

Tags:  Seattle