Ogletree Deakins Expands International Platform, Opens Mexico City Office

Wednesday, September 24, 2014

Ogletree Deakins, one of the largest labor and employment law firms representing management, is pleased to announce that the firm is expanding its international platform by opening an office in Mexico City. The firm has previously opened offices in Berlin, Germany and London, England to meet the growing demand for international legal services. The firm’s new office allows the firm to provide local labor and employment support and solutions for clients with operations in Mexico.

The Mexico City office will be led by Pietro Straulino-Rodriguez, who joins Ogletree Deakins from Sánchez Devanny, where he served as the co-head of the firm’s Labor, Social Security and Immigration practice group. Straulino-Rodriguez will be joined by his team from Sánchez Devanny which includes three associates and a law clerk. The Mexico City office is expected to grow quickly. More >>

Tags:  Ogletree Deakins | Mexico City

Paul Hastings Represents Citigroup as Sole Book-Running Manager in Sun Communities, Inc’s $349 Million Follow-On Public Offering of Common Stock

Wednesday, September 24, 2014

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Citigroup as sole book-running manager for Sun Communities, Inc.’s (NYSE: SUI) follow-on public offering of common stock.

Sun Communities, Inc., a real estate investment trust that owns, operates and develops manufactured housing and recreational vehicle communities, sold a total of 6,900,000 shares of common stock (including the full exercise of the underwriter’s option to purchase additional shares) and raised gross proceeds of approximately $349.1 million. More >>

Tags:  Paul Hastings, LLP | New York

Firm Advises Arkema in Proposed €1.74 Billion Acquisition of Bostik

Wednesday, September 24, 2014

It was recently announced that Willkie client Arkema, a global chemical company and France’s leading chemicals producer, has proposed to acquire Bostik from French oil company Total SA for a total enterprise value of €1.74 billion, representing 11 times the company’s EBITDA. With about 4,900 employees and over 48 locations worldwide, Bostik is one of the world’s leading adhesive makers. More >>

Tags:  Frankfurt | New York | Paris | Washington

Millennial Media to Acquire Nexage, a Leading Mobile SSP and Advertising Exchange

Wednesday, September 24, 2014

Millennial Media today announced that it has signed a definitive agreement to acquire Nexage for approximately $107.5 million in cash and stock, subject to certain adjustments. Based in Boston, privately held Nexage is a leading provider of Real-Time-Bidding (RTB) technology that helps to automate the buying and selling of mobile advertising. More >>

Tags:  Boston

Kirkland Advises American Capital in $1.1B Fund Closing and Related Acquisition

Wednesday, September 24, 2014

American Capital, Ltd. (NASDAQ: ACAS) announced today that it has closed on the formation of American Capital Equity III, LP, a new $1.1 billion private equity fund, and related acquisition of a portfolio of equity and equity-related investments from American Capital with an agreed upon value of approximately $640 million. Another $445 million will be used to fund new control equity and equity-related investments. More >>

Tags:  Kirkland & Ellis LLP | Chicago

Linklaters advises Agricultural Bank of China on Dubai’s Landmark Renminbi deal

Wednesday, September 24, 2014

Linklaters advised the Managers in connection with the CNY 1 billion 3.50%. Notes due 2017 issued by Agricultural Bank of China Limited Dubai Branch, under Agricultural Bank of China Limited’s US$ 15 billion Medium Term Note Programme. Agricultural Bank of China is China’s third largest by assets. This transactions marks the first Reminbi offering in Dubai by a non-Dubai entity and the first Chinese fixed income bond on an Arab stock market.

One of the stated aims of the transaction was to contribute to the continuing global expansion of the Chinese currency. More >>

Tags:  Linklaters LLP | Dubai

Herbert Smith Freehills advises on Nepal’s biggest ever foreign investment deal

Wednesday, September 24, 2014

Herbert Smith Freehills has advised the Investment Board of the Government of Nepal on its project development agreement (PDA) with a consortium led by Indian infrastructure company GMR (the GMR Group) to develop the 900 megawatt, US$1.4 billion hydroelectric Upper Karnali Hydro Power Project (the Project). The Project was awarded to the GMR Group through an international competitive bidding process in 2008 on a build-own-operate-transfer basis. More >>

Tags:  Herbert Smith Freehills Kramer LLP | London

Hunton & Williams Represents Carlyle Infrastructure Partners in $327M Park Water Company Sale

Wednesday, September 24, 2014

Hunton & Williams LLP advised Carlyle Infrastructure Partners in its $327 million sale of Western Water Holdings LLC, and its water distribution utility Park Water Company and its subsidiaries, to Liberty Utilities, the regulated utility business of Algonquin Power & Utilities Corp. Western Water Holdings is a wholly owned investment of Carlyle Infrastructure Partners, the infrastructure investment business of the Carlyle Group. Park Water Company owns and operates three regulated water utilities engaged in the production, treatment, storage, distribution, and sale of water in Southern California and Western Montana. More >>

Tags:  Hunton Andrews Kurth LLP | New York