Basic Energy Services’ Pre-packaged Chapter 11 Bankruptcy Filing

Davis Polk is advising certain funds affiliated with Goldman Sachs Merchant Banking Division and Riverstone Holdings, LLC, as term loan lenders under both a prepetition $165 million secured term loan and a $90 million secured superpriority debtor-in-possession facility in the pre-packaged chapter 11 restructuring of Basic Energy Services, Inc. and certain of its subsidiaries (collectively, […]

The Export-Import Bank of Korea’s $2.5 Billion Notes Offering

Davis Polk advised the underwriters in connection with the SEC-registered Schedule B debt offerings by KEXIM of $750 million aggregate principal amount of its floating-rate notes due 2019, $750 million aggregate principal amount of its 1.500% notes due 2019, $300 million aggregate principal amount of its 1.875% notes due 2021 and $700 million aggregate principal […]

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (WHABT) establishes the Thailand’s first-ever office building REIT

Hunton & Williams’ Bangkok office represented WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (WHABT), on the establishment of Thailand’s first-ever office building REIT and the listing of its initial public offering worth approximately THB 4 billion, having Krung Thai Asset Management Public Company Limited, as a REIT trustee. The REIT invests in […]

Superblock Public Company Limited acquires Nizza Plastic’s stake in five solar power plant project companies

Hunton & Williams’s Bangkok office advised Nizza Plastic Company Limited, a Thai polyvinyl chloride manufacturer and distributor, for the sale of its 49 percent of stakes in five solar power plant project companies to a subsidiary of Superblock Public Company Limited, a listed company on the Stock Exchange of Thailand investing in several solar power […]

SpeedCast’s $425 Million acquisition of Harris CapRock

Goodwin represented SpeedCast International Limited (ASX: SDA), a leading global satellite communications and network service provider, in its announced definitive agreement to acquire Harris CapRock in a cash transaction valued at $425 million. Harris CapRock is a global leader in the energy and maritime segments. The acquisition strengthens SpeedCast’s already strong position in the maritime […]

Wellspring Capital Acquires Hoffmaster

Paul, Weiss represented Wellspring Capital Management LLC in its acquisition of Hoffmaster Group, a leading North American manufacturer of disposable tableware, from Metalmark Capital Holdings LLC. Financial terms of the agreement were not disclosed. The Paul, Weiss team included corporate partners Angelo Bonvino (Picture), Thomas de la Bastide, Jeanette Chan, Marco Masotti and Robert Zochowski […]

The Jordan Company acquires Vectra Co.’s Borchers Business Division

Paul, Weiss represents Vectra Co., a leading technology-driven diversified company, and portfolio company of investment funds affiliated with Apollo Global Management, LLC, in its agreement to sell its Borchers business division to affiliates of The Jordan Company, L.P., a U.S.-based private equity firm. Terms of the agreement were not disclosed. The transaction is expected to […]

Taiwan Optical Platform acquires Carlyle Group’s Interest in Eastern Broadcasting for $350 million

Paul, Weiss client The Carlyle Group has agreed to sell its majority interest in Eastern Broadcasting Corporation (EBC), Taiwan’s largest television broadcaster, to Taiwan Optical Platform Co., Ltd. (TOP), a Taiwan-based telecommunications services provider. Carlyle first acquired an interest in EBC in 2006 and signed the sale and purchase agreement with TOP on October 14, […]

MedcoEnergi completed the acquisition of ConocoPhillips Indonesia Inc. Ltd. and ConocoPhillips Singapore Operations Pte. Ltd.

Baker Botts Represents MedcoEnergi on the acquisition PT Medco Energi Internasional Tbk (“MedcoEnergi”) today announced that MedcoEnergi has completed its purchase of ConocoPhillips Indonesia Inc. Ltd. (“CIIL”) and ConocoPhillips Singapore Operations Pte. Ltd. (“CSOP”). CIIL and CSOP are subsidiaries of ConocoPhillips. CIIL has a 40% working interest in the South Natuna Sea Block B PSC […]

China National Building Material Group’s HK$136 million acquisition of 8.64% interest in China Glass Holdings

Slaughter and May, Hong Kong, has advised Triumph Technology, a wholly-owned subsidiary of China National Building Material Group Corporation (CNBM Group), on its acquisition of a further 8.64% interest in China Glass from Pilkington Group Limited for a consideration of approximately HK$136 million (US$17.52 million). As a result of the acquisition, Triumph Technology holds approximately […]

Mitsui & Co., Ltd. acquires minority stake in Global Ecommerce Indonesia

Ashurst has advised Japanese trading house Mitsui & Co., Ltd. on its acquisition of a minority stake in Global Ecommerce Indonesia (GEI) over a 12-month period. This is part of US$100 million equity financing raised for GEI, led by Mitsui with participation from undisclosed new and existing investors, where Mitsui will purchase a stake of […]