Asia Oil Terminal Services (AOTS), advised by DLA Piper, has today signed construction contracts with supporting guarantees for the development of its project to construct South East Asia’s largest independent oil terminal facility. The facility will be constructed on the East Coast of Peninsula Malaysia by China Railway Construction Bridge Engineering Group Co. Ltd (CRCBEG).

AOTS is a Malaysian company involved in the development of large-scale oil infrastructure projects in South East Asia.

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The CMS Life Pension and Longevity Risk Team has advised Pension Insurance Corporation (“PIC”), the UK’s leading specialist pension risk insurer, on a £1.6bn pension buy-in transaction with the Trustees of the Total UK Pension Plan and the associated longevity reinsurance arrangements.

The deal is the second largest pensioner buy-in to have been completed in the UK market to date, and has been described as a “landmark transaction” for PIC.
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Cahill represented Barclays Bank as administrative agent and the lead arrangers in connection with the $265,000,000 Term B loan, and the $50,000,000 revolving asset based loan for Henniges Automotive Holdings, Inc., the holding company of Henniges Automotive, a vehicle sealing and anti-vibration solutions provider for the global automotive industry. Proceeds from the loans were used to refinance existing indebtedness and for general corporate purposes.
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Berwin Leighton Paisner LLP advised First International Bank of Israel, Israel’s fifth largest banking group which is listed on the Tel Aviv Stock Exchange, on the sale of its UK banking subsidiary, FIBI (UK) PLC, to Tungsten Corporation plc. The fully UK authorised bank will be re-named Tungsten Bank.

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Shearman & Sterling advised Citigroup Global Markets, Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers and joint bookrunners in connection with a $7.43 billion aggregate financing, including a $3.715 billion five-year facility and a $3.715 billion 364-day credit facility, for PepsiCo, Inc.

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The Firm is representing Blackstone Real Estate Partners VII in connection with the acquisition of 76 shopping centers owned by American Realty Capital Properties, Inc. (NASDAQ: ARCP) in a transaction valued at $1.975 billion. The 16.4 million square foot portfolio consists of prime power centers in Los Angeles, Houston, Denver, Chicago, Atlanta, Washington, D.C. and Phoenix. The transaction is expected to close in the third quarter of 2014.   Blackstone is forming its third joint venture with DDR Corp. (NYSE: DDR) to complete this transaction.
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Goodwin Procter represented Amobee in its recent planned acquisitions of two significant ad-tech businesses: Adconion Direct North America and Adconion Australia (together, Adconion) and Kontera Technologies, Inc.

Amobee is a wholly owned subsidiary of Singapore Telecommunications Limited (SingTel). The acquisitions will strengthen Amobee’s position as a leading provider of mobile-led digital marketing technology and solutions across all channels and screens for global brands.

Adconion will be acquired at a valuation of $235 million. The consideration payable is approximately $209 million, excluding debt. The valuation and consideration payable for Kontera is approximately $150 million. Both acquisitions are subject to certain conditions being satisfied and approvals obtained.

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QEP Resources, Inc. (“QEP” or the “Company”) (NYSE: QEP) today announced that its wholly owned subsidiary, QEP Energy Company, has entered into three definitive agreements to sell non-core oil and gas properties in the Midcontinent and Williston Basin for a combined purchase price of approximately $807 million, subject to customary purchase price adjustments (the “Divestitures”).

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Jones Day advised DSP Merrill Lynch, Citi, Morgan Stanley, Standard Chartered, and Axis Capital in the US$515 million qualified institutional placement by Idea Cellular Limited, India’s third largest wireless service operator. This transaction marks the largest capital raising since commencement of the Indian financial year on April 1st. Manoj Bhargava (Singapore) led the Jones Day team.
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Global law firm K&L Gates has acted for B2Gold Corp (B2Gold) in a merger by scheme arrangement with Papillon Resources Limited (Papillon). The two companies have entered into a definitive Merger Implementation Agreement, with the completion of the merger expected by the end of September 2014. The terms of the merger include an agreed exchange ratio of 0.661 B2Gold common share for each Papillon ordinary share held.
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