Jones Day welcomes prominent life sciences partner in Boston

Friday, February 6, 2015

Maureen Bennett has joined the Boston Office of global law firm Jones Day as a partner in the Health Care and Life Sciences practices.

Previously Co-Chair of Squire Patton Boggs’ Healthcare & Life Sciences Industry Group, Ms. Bennett represents life science and health care entities in a wide range of corporate and commercial transactions, with a particular emphasis on multijurisdictional clinical trials, cross-border transactions, and strategic commercial matters, such as research and development arrangements. More >>

Tags:  Jones Day | Boston

Debevoise Advises Verizon Communications in Sale of Local Wireline Operations Serving California, Florida and Texas for $10.54 Billion

Friday, February 6, 2015

Debevoise & Plimpton LLP is serving as counsel to Verizon Communications Inc. in the sale of its local wireline operations serving customers in California, Florida and Texas to Frontier Communications Corporation. Frontier will pay Verizon approximately $10.54 billion (approximately $9.9 billion in cash, plus $600 million in assumed debt) for the business and related assets in these states. More >>

Tags:  Debevoise & Plimpton LLP

Ropes & Gray Counsels Pfizer in $17 Billion Acquisition of Hospira

Thursday, February 5, 2015

Ropes & Gray advised Pfizer Inc. on its definitive agreement to acquire Hospira, the Lake Forest, Ill.-based leading provider of injectable drugs and infusion technologies and a worldwide leader in biosimilars, for a total value of approximately $17 billion. The deal was announced Feb. 5 and is expected to close in the second half of 2015. More >>

Tags:  Ropes & Gray LLP | Boston

Simpson Thacher Represents the Initial Purchasers in Micron Technology’s $1.0 Billion Senior Notes Offering

Thursday, February 5, 2015

The Firm recently represented the initial purchasers, led by Goldman, Sachs & Co., Morgan Stanley and Credit Suisse, in connection with Micron Technology, Inc.’s offering of $1.0 billion aggregate principal amount of 5.25% Senior Notes due 2023. The notes were offered in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended. More >>

Tags:  Simpson Thacher & Bartlett LLP | Palo Alto

King & Wood Mallesons continues global expansion with Singapore office

Thursday, February 5, 2015

King & Wood Mallesons will further strengthen its global capability, and its Asian connections and capability, with its granting of a foreign law practice licence by the Attorney General’s Chambers.

The Singapore practice will have an initial focus on International Funds, Energy and Resources and China inbound and outbound work, providing clients with a different choice of top-tier international legal expertise for cross-border and domestic work in South East Asia, and supporting Singapore-based clients with their outbound investments. More >>

Tags:  King & Wood Mallesons | Singapore

Stuart Pape Joins Polsinelli to Lead National FDA Practice

Thursday, February 5, 2015

Polsinelli welcomes well known FDA attorney Stuart M. Pape to its Washington, D.C. office as a shareholder. With extensive knowledge of the U.S. Food and Drug Administration, the U.S. Department of Agriculture and food and drug safety regulatory bodies worldwide, Pape will lead and strategically grow Polsinelli’s FDA Practice. Joining Pape and the FDA group are two highly experienced colleagues: Shareholder Carey B. Nuttall, and Of Counsel Anne D. Spiggle, who together will assist Polsinelli in serving clients with FDA matters. More >>

Tags:  Polsinelli PC | Washington

Guggenheim Securities Acts as Initial Purchaser in $2.6 Billion Dunkin’ Brands Securitization

Thursday, February 5, 2015

Paul, Weiss represented Guggenheim Securities as initial purchaser in connection with Dunkin’ Brands, Inc.’s $2.6 billion whole business securitization of its Dunkin’ Donuts and Baskin-Robbins restaurant chains, which closed January 26. DB Master Finance LLC issued securitization notes, rated BBB by Standard & Poor’s Rating Services, which, among other things, enabled the company to refinance its existing debt. More >>

Tags:  New York

Morgan Lewis Advises CRH plc on €6.5bn Asset Acquisition from Lafarge and Holcim

Thursday, February 5, 2015

Global law firm, Morgan Lewis is advising the international building materials group CRH plc (“CRH”) on the global merger control and antitrust issues of its recently announced binding commitment to acquire certain assets from Lafarge S.A. (“Lafarge”) and Holcim Ltd (“Holcim”) for an enterprise value of €6.5bn. The acquisition takes place in the context of the planned merger of Holcim and Lafarge and completion is expected for mid-2015. More >>

Tags:  Morgan, Lewis & Bockius LLP | London

Herbert Smith Freehills advises on US$7 billion first oil and gas project in Ghana

Thursday, February 5, 2015

Herbert Smith Freehills is advising Vitol, a leading energy and commodities company with a turnover of US$307 billion, on its US$7 billion oil and gas project in Ghana with ENI. The development of the pure gas fields contained in the project has been described by the World Bank as a ‘top priority’ for Ghana, as it will underpin the growth of a domestic thermal power sector and accelerate Ghana’s industrial development. More >>

Tags:  Herbert Smith Freehills Kramer LLP