International law firm Herbert Smith Freehills has advised US-listed ARRIS Group, Inc. a global innovator in IP, video and broadband technology, on its £1.4 billion takeover of Pace plc, a UK-based leading technology solutions provider in the PayTV and broadband service industries.

The deal will result in a new holding company for the combined group, which will be incorporated in the UK and listed on the NASDAQ stock exchange. The combined group is expected to have 2014 pro forma revenues of approximately US$8 billion and will employ more than 8,500 people globally in over 15 countries. More >>

Internationally acclaimed corporate lawyer Joel Wheeler has joined the London office of international law firm Greenberg Traurig, LLP, as a shareholder in the firm’s Corporate & Securities Practice More >>

Ropes & Gray has advised the ad hoc committee of holders of Towergate Finance plc’s New York law-governed 10.5% senior unsecured notes in connection with the restructuring of the Towergate Group’s c. £1.05bn debt obligations and related acquisition by senior unsecured noteholders of more than 80% of the equity of the restructured Group. The members of the ad hoc committee were Highbridge Principal Strategies, LLC, KKR Credit Advisors (US) LLC and Sankaty Advisors, LLC. Towergate is Europe’s largest independently owned insurance intermediary More >>

Dentons is pleased to announce that Lee Federman has joined its London office as a partner in its Banking and Finance practice, joining from Linklaters where he was a Managing Associate in the banking team More >>

Milbank, Tweed, Hadley & McCloy LLP has advised Japan Bank for International Cooperation (“JBIC”), Saudi Arabia’s Public Investment Fund (“PIF”) and various commercial banks/Islamic financial institutions on the US$5.2 billion expansion financing for the PetroRabigh Refining and Petrochemicals Project in Saudi Arabia. More >>