Viacom’s Tender Offer for $1 Billion of Debt Securities

Shearman & Sterling advised Viacom Inc. in connection with its tender offer for $1 billion combined aggregate purchase price of certain of its outstanding debt securities. Headquartered in New York, Viacom is among the world’s leading global entertainment content companies. The Shearman & Sterling team included partners Lisa Jacobs (Picture) and Kyungwon Lee (both New […]

O Luxe Holdings Limited’s US$60 million investor round in Divergent 3D

Clifford Chance has advised O Luxe Holdings Limited, a Hong Kong-based investment holding company, in a US$60 million investor round in Divergent 3D, a Los Angeles based company providing 3D printing technology to automotive manufacturing. The Series B financing round also contains an additional investor option of US$40 million. Head of the firm’s corporate practice […]

Baring Private Equity Asia and CITIC Capital’s US$300m acquisition of Wall Street English from Pearson plc

Freshfields Bruckhaus Deringer is advising Pearson plc on the sale of Wall Street English, a global English language education business, to a consortium of private equity funds managed and advised by Baring Private Equity Asia and CITIC Capital, for a total consideration of approximately US$300m. The sale, which is part of Pearson Plc’s recent drive […]

China Everbright Bank’s US$3.97bn share placement in Hong Kong

Freshfields Bruckhaus Deringer has advised China International Capital Corporation Hong Kong Securities Limited, the lead financial advisor and lead placing agent in the strategic placement of US$3.97 billion of H-shares by China Everbright Bank Company Limited to Overseas Chinese Town Enterprises Company and China Everbright Group Limited. The deal closed on 22 December 2017. The […]

KKR’s Acquisition of PetVet Care Centers

Simpson Thacher represented KKR in connection with its announced acquisition of PetVet Care Centers, LLC from the Ontario Teachers’ Pension Plan (OTPP), L Catterton and other existing shareholders. Financial details of the transaction were not disclosed. PetVet operates a chain of veterinary hospitals and specialty practices across 22 states. PetVet employs over 600 board certified […]

ORIX’s $700 Million Senior Notes Registered Offering

Simpson Thacher’s Tokyo office recently represented the underwriters, led by J.P. Morgan, Goldman Sachs, Merrill Lynch and Mizuho, in connection with the offering by ORIX Corporation of $700 million of 3.25% Senior Notes due 2024. The offering was made pursuant to ORIX Corporation’s shelf registration statement on Form F-3 under the Securities Act. ORIX is […]

VINCI Airports S.A.S.’s winning the bidding process for the 42-year concession of Kobe Airport

Clifford Chance advised leading global airport operator VINCI Airports S.A.S. on the project agreement with Kobe City for the 42-year concession of Kobe Airport. VINCI teamed up with ORIX Corporation and Kansai Airports to participate in the bid. Opened in 2006 and built on an artificial island in Osaka Bay, the Kobe airport is the […]

ARUHI’s $210 million Initial Public Offering

Simpson Thacher represented ARUHI Corporation in connection with its ¥23.5 billion (approximately US$210 million) global offering of shares, including an offering to institutional investors outside Japan pursuant to Rule 144A and Regulation S under the Securities Act. All of the shares in the international offering were sold by a fund affiliated with The Carlyle Group. […]

Fortress Investment Group’s providing up to A$100 million in debt capital to fund the first MoneyMe warehouse securitisation trust

Ashurst has advised global credit investor Fortress Investment Group on providing up to A$100 million in debt capital to fund the first MoneyMe warehouse securitisation trust. MoneyMe is a successful fintech in the Australian personal loans market and will use the warehouse securitisation to fund its growing originations. The facility is significant because Fortress’ involvement […]

Bytedance’s Acquisition of musical.ly

Simpson Thacher is representing musical.ly, a mobile platform for short form video, in connection with its merger into Bytedance, the Chinese online media giant (a/k/a “Toutiao”), at a price close to US$1 billion. After the closing of the transaction, musical.ly, being a wholly owned subsidiary of Bytedance, will continue to operate as an independent platform, […]

Consolidated Press Holdings Pty Limited’s A$62.5 million acquisition of Ellerston golf course from Crown Resorts Limited

Ashurst has advised Crown Resorts Limited on the A$62.5 million sale of its interest (through certain security holdings) in part of the property and operations of the Ellerston golf course in the Hunter Valley to Consolidated Press Holdings Pty Limited and an entity associated with Ms Gretel Packer. Following completion of the sale, Crown will […]