Simpson Thacher is representing Japan’s Murata Manufacturing Co., Ltd. in its acquisition of the entire equity interest in NASDAQ-listed Peregrine Semiconductor Corp. Murata Electronics North America, Inc., a wholly-owned subsidiary of Murata, will acquire Peregrine for a transaction value of approximately US$465 million, or US$12.50 per share in cash. The transaction, which is subject to Peregrine’s stockholder approval, regulatory approvals and other customary closing conditions, is expected to close by the end of 2014 or early 2015.

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Global law firm White & Case LLP has advised PointPark Properties (P3), the specialist owner, developer and manager of European logistics properties, on the €523 million acquisition of a Czech logistics portfolio from two funds controlled by Tristan Capital Partners and VGP.
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Herbert Smith Freehills is advising AGL on its A$1.505 billion acquisition of the assets of Macquarie Generation , including the 2,640MW Bayswater Power Station, the 2,000MW Liddell Power Station, the 50MW Hunter Valley Gas Turbine and the Liddell Solar Farm (MacGen Assets), and associated A$1.2 billion capital raising and A$350 million debt funding.

The MacGen Assets give AGL, one of Australia’s leading integrated energy companies that operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio, ownership of the lowest cost, large-scale baseload generators in NSW and increase AGL’s registered generation capacity in the National Electricity Market by approximately 82 percent to more than 10,400 MW.

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Amazon.com, Inc. (NASDAQ: AMZN) has announced that it has reached an agreement to acquire Twitch Interactive, Inc., the leading live video platform for gamers. Under the terms of the agreement, which has been approved by Twitch’s shareholders, Amazon will acquire all of the outstanding shares of Twitch for approximately $970 million in cash, as adjusted for the assumption of options and other items. Subject to customary closing conditions, the acquisition is expected to close in the second half of 2014.

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Global legal practice Norton Rose Fulbright has advised a syndicate of lenders on a US$600 million equivalent five-year club loan for Brightoil Petroleum (Holdings) Limited. The lenders were China Development Bank (Hong Kong branch), China Minsheng Bank (Hong Kong branch), China CITIC Bank International, China Merchants Bank (Hong Kong branch) and Wing Lung Bank.

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Paul, Weiss client Oak Hill Capital Partners announced that it has entered into a definitive agreement to acquire Berlin Packaging LLC, a leading supplier of rigid packaging products and services in North America, from Investcorp, in a transaction valued at $1.43 billion. Completion of the transaction, which is expected to close in the third quarter, is subject to customary closing conditions.

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A team from Clyde & Co in London and Dar es Salaam recently advised the Econet Wireless Group on three separate secured facilities totalling approximately USD 300 million.

The facilities are being provided by an Afreximbank led syndicate (including DEG, FMO, Proparco and Stanbic Zimbabwe), China Development Bank and Ericsson Credit AB.

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Paul Hastings LLP, a leading global firm, announced today that it advised OCEAN Holding GmbH on the acquisition of the Düsseldorfer Hypothekenbank AG, a major German mortgage bank, from the US investor Lone Star. Measured by total assets estimated at €12 billion, this is the largest German bank takeover since the financial crisis.

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Simpson Thacher recently represented The Dai-ichi Life Insurance Company, Limited (“Dai-ichi Life”) in connection with its offering of an aggregate of 184.9 million shares of common stock, which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥264 billion, which Dai-ichi Life plans to use to fund, in part, its approximately $5.7 billion cash acquisition of Protective Life Corporation, a U.S. life insurance group.

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