BakerHostetler today announced Partner Geoffrey H. Coll joined the firm’s Litigation Group and Securities Litigation and Regulatory Enforcement practice in the New York office. Coll comes to BakerHostetler from Schiff Hardin. More >>
Tags: Baker & Hostetler LLP | New YorkSDNY Assistant U.S. Attorney Parvin Daphne Moyne Joins Akin Gump
Akin Gump today announced that Parvin Daphne Moyne, formerly an assistant U.S. Attorney for the Southern District of New York, has joined the firm as a partner in its white collar defense and government investigations practice in New York. Ms. Moyne spent nearly a decade as a federal prosecutor, most recently serving as a member of the elite Securities and Commodities Fraud Task Force in the U.S. Attorney’s office.
Tags: Akin Gump Strauss Hauer & Feld LLP | New YorkTroutman Sanders Adds Finance Partner in New York
Troutman Sanders LLP announced today that Robert L. Bourguignon has rejoined the firm’s Finance practice as a partner in the New York office. Bourguignon returns from Wachtel Missry LLP, which he joined from Troutman Sanders in 2013. More >>
Tags: Troutman Pepper Hamilton Sanders LLP | New YorkKing & Spalding Advises Belk, Inc. on $3 Billion Acquisition by Sycamore Partners
King & Spalding advised Belk, Inc., the nation’s largest family-owned and -operated department store company, in its acquisition by private equity firm Sycamore Partners in a deal valued at approximately $3 billion. More >>
Tags: King & Spalding LLP | Atlanta | Charlotte | New YorkGoodwin Procter Advises Medical Properties Trust on Combined $1.5 Billion Financing Transactions
A cross-practice team of Goodwin attorneys recently advised Medical Properties Trust (MPT), a public healthcare REIT, on a series of financings in connection with MPT’s €700 million acquisition of a portfolio of 35 healthcare facilities from MEDIAN Kliniken, a leading provider of post-acute and acute rehabilitation services in Germany, and MPT’s pending $900 million acquisition of Capella Healthcare, a private owner of 13 acute care and specialty hospital facilities in U.S. states. More >>
Tags: Goodwin Procter LLP | Boston | New YorkCravath – Cameron’s $14.8 Billion Acquisition by Schlumberger
Schlumberger Limited and Cameron jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valued at approximately $14.8 billion. Cravath represented Cameron in connection with this transaction. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share. More >>
Tags: Cravath, Swaine & Moore LLP | New YorkReed Smith Financial Industry Group Adds Matthew J. Bromberg in New York
Reed Smith LLP today announced the addition of Matthew J. Bromberg as a partner in its Financial Industry Group. A former managing director and senior managing counsel to The Bank of New York Mellon in its Investment Servicing Division, Bromberg will practice out of the firm’s New York office. More >>
Tags: Reed Smith LLP | New YorkSimpson Thacher Represents Initial Purchasers in Sale of $1.125 Billion Senior Notes by Jaguar Holding Company II and PPD
Simpson Thacher represented the initial purchasers, led by joint bookrunning managers J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., UBS Securities LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and Barclays Capital Inc. in the sale of $1.125 billion aggregate principal amount of 6.375% Senior Notes due 2023 by Jaguar Holding Company II, an indirect parent of Pharmaceutical Product Development, LLC (“PPD”), and PPD (collectively, the “Issuers”). The Issuers used the proceeds from the offering, together with borrowings under the Issuers’ new senior secured credit facilities and cash on hand, to refinance existing debt and to pay a dividend to their stockholders. More >>
Tags: Simpson Thacher & Bartlett LLP | New YorkCravath – AGL Resources’s $12 Billion Acquisition by Southern Company
On August 24, 2015, Southern Company and AGL Resources announced that the boards of directors of both companies have approved a definitive merger agreement to create America’s leading U.S. electric and gas utility company. Pursuant to the agreement, Southern Company will acquire AGL Resources for cash in a transaction with an enterprise value of approximately $12 billion, including a total equity value of approximately $8 billion. Cravath represented AGL Resources in connection with this transaction. More >>
Tags: Cravath, Swaine & Moore LLP | New YorkDechert Advises Steiner Leisure Special Committee in US$925 Million Going-Private Acquisition by Catterton
Dechert LLP advised the special committee of Steiner Leisure Limited (NASDAQ:STNR), a worldwide provider and innovator in the fields of beauty, wellness and education, in its definitive merger agreement to be acquired by Catterton, a leading consumer-focused private equity firm. Under the merger agreement, an affiliate of Catterton will acquire all of the outstanding shares of Steiner Leisure for US$65 per share in cash. The total transaction value, including assumed net debt, is approximately US$925 million. More >>
Tags: Dechert LLP | New York | Philadelphia