The Firm represented Brixmor Property Group Inc. in connection with a $683 million secondary offering of 25,875,000 shares of common stock (including 3,375,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares) by certain selling stockholders affiliated with Blackstone Real Estate Partners at a public offering price of $26.38 per share. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC acted as joint bookrunning managers for the offering More >>

Roger S. Chari has joined LeClairRyan as a partner on the firm’s Bank Finance and Lending practice area team. He will be resident in the national law firm’s Manhattan office More >>

On April 8, 2015, Mylan N.V. announced that it has made a proposal to acquire Perrigo Company plc in a cash‑and‑stock transaction that would create a unique global pharmaceutical leader. Cravath is representing Mylan in connection with this proposed transaction. Under the terms of the non‑binding proposal, Perrigo shareholders would receive $205 in a combination of cash and Mylan stock for each Perrigo share, representing a total enterprise value of approximately $35 billion More >>

Reed Smith today announced the addition of George D. Pavlenishvili as a partner in its Corporate & Transactional Advisory Group (CTAG) in New York. He was formerly a partner in the Energy Group at Stoel Rives LLP in Washington, D.C More >>

Cravath represented the underwriters, led by Citigroup, Goldman, Sachs & Co., Deutsche Bank Securities and J.P. Morgan Securities, in connection with the US$1.29 billion registered secondary common stock offering of Axalta Coating Systems Ltd., a leading global manufacturer, marketer and distributor of high‑performance coatings systems. The shares were listed on the New York Stock Exchange. The transaction closed on April 8, 2015 More >>

Davis Polk advised the note purchasers, exchanging noteholders and lenders in connection with the debt recapitalization of Venoco, Inc., consisting of (i) the issuance by Venoco of $175 million principal amount of 12.0% first-lien senior secured notes due 2019, (ii) the private exchange by Venoco of $194 million in principal and accrued interest of Venoco’s outstanding 8.875% senior unsecured notes due 2019 for $150.35 million in principal amount of 8.875%/12.0% PIK toggle second-lien senior secured notes due 2019 and (iii) a new $75 million secured term loan facility. Approximately $72 million of proceeds from the issuance of the first-lien secured notes were used to repay and terminate the company’s existing reserve-based revolving credit facility More >>

Global law firm Shearman & Sterling has strengthened its M&A and corporate practices—including public and private M&A, private equity, capital markets and corporate governance—with the addition of Rob Masella, who joins the firm as a partner in the New York office More >>