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
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
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 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 Kramer LLP | Brisbane | Sydney
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 YorkLaboratory 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 YorkDavis Polk advised Deutsche Bank Securities Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as representatives of the underwriters in connection with the $2.3 billion secondary offering of 90,000,000 shares of common stock of Hilton Worldwide Holdings Inc. by certain selling stockholders affiliated with The Blackstone Group L.P. Hilton’s common stock is traded on the New York Stock Exchange under the symbol “HLT.” More >>
Tags: New York
Davis Polk is advising China International Capital Corporation Hong Kong Securities Limited and Merrill Lynch Far East Limited as joint placing agents on the HK$3.139 billion (approximately US$405 million) placing of H shares by Huaneng Power International, Inc. More >>
Tags: Davis Polk & Wardwell LLP | Hong Kong
Skadden is advising Colony Capital, LLC in its nonbinding agreement with Colony Financial, Inc. (CLNY) for a potential $657.5 million contribution to CLNY of substantially all of Colony Capital’s real estate and investment management businesses and operations. The transaction was announced November 4.
Tags: Skadden, Arps, Slate, Meagher & Flom LLP