White & Case Advises Abu Dhabi Water & Electricity Authority on US$1.2 Billion Mirfa Financing

Tuesday, October 7, 2014

Global law firm White & Case LLP has advised the Abu Dhabi Water and Electricity Authority (ADWEA) on the successful financial close of the US$1.2 billion Mirfa Independent Water and Power Project.

“This transaction represents the tenth independent water/power project that White & Case has advised on for ADWEA, which began its power sector privatization in 1997,” said White & Case partner Michael Watson. “This is another important project for Abu Dhabi and demonstrates the continued success of the ADWEA privatization model.” More >>

Tags:  White & Case LLP | Abu Dhabi

Wilson Sonsini Goodrich & Rosati Expands Delaware Presence

Tuesday, October 7, 2014

Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and other growth enterprises worldwide, is pleased to announce that the firm has opened a new office in Wilmington, Delaware. The Wilmington office will focus on key Delaware practices, including corporate law, corporate governance counseling, special committees, internal investigations, and litigation relating to mergers and acquisitions, governance, and securities matters. More >>

Tags:  Wilson Sonsini Goodrich & Rosati | Wilmington

Cahill Represents Underwriters in Initial Public Offering by VWR Corporation

Tuesday, October 7, 2014

Cahill represented Merrill Lynch, Pierce, Fenner & Smith Incorporated as lead underwriter and the other underwriters in connection with the Initial Public Offering of 25,532,000 common shares of VWR Corporation (NASDAQ: VWR), a leading independent provider of laboratory products, services and solutions to the global life science, general research and applied markets, resulting in gross proceeds of $536,172,000. Proceeds were used to refinance existing indebtedness and for general corporate purposes.

Tags:  Cahill Gordon & Reindel LLP | New York

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