Broadcom’s Committed Debt Financing of $100 Billion

Simpson Thacher represented Broadcom Limited (NASDAQ: AVGO) in connection with its securing $100 billion of committed debt financing to fund its proposed acquisition of Qualcomm Incorporated (NASDAQ: QCOM) and post-closing working capital needs, including restructuring activities, at the combined companies. Broadcom Limited is a leading designer, developer and global supplier of a broad range of […]

Hovnanian Enterprises’ Debt Financing Transactions

Simpson Thacher represented Hovnanian Enterprises, Inc. (“Hovnanian”), one of the nation’s largest homebuilders, in connection with its recent financing transactions with GSO Capital Partners LP (“GSO”). As part of the financing transactions, K. Hovnanian Enterprises, Inc., its wholly owned subsidiary (“K. Hovnanian”), consummated the exchange (the “Exchange”) of approximately $170.2 million aggregate principal amount of […]

Alleghany Capital Corporation’s Acquisition of Hirschfeld Industries

Willkie Farr & Gallagher LLP acted as legal counsel to W&W|AFCO. Cowen advised Hirschfeld on the transaction and Hunton & Williams LLP acted as legal counsel to the Company. Alleghany Capital Corporation (“Alleghany Capital”), a subsidiary of Alleghany Corporation, today announced that WWSC Holdings, LLC (“W&W|AFCO”) has acquired the Hirschfeld Industries group of companies (“Hirschfeld” […]

Canadian National Railway Company $900 Million Notes Offering

Davis Polk advised the joint book-running managers and representatives of the underwriters on a registered public offering by Canadian National Railway Company of $300 million aggregate principal amount of its 2.400% notes due 2020 and its $600 million aggregate principal amount of its 3.650% notes due 2048. CN offered the notes under the Multijurisdictional Disclosure […]

Genesee & Wyoming’s Investment in Cargomatic

Simpson Thacher represented Genesee & Wyoming Inc. (NYSE: GWR) in connection with its investment in Cargomatic, Inc., a technology platform connecting shippers and truck carriers with a focus on short-haul markets. Genesee & Wyoming Inc. (G&W) (NYSE:GWR) has made an investment in and formed a strategic alliance with Cargomatic, Inc. (Cargomatic), a technology platform connecting […]

Insight Venture’s Investment in Property Brands

Harris Williams & Co. advised Property Brands and Golub Capital provided financing for the transaction. Willkie represents Insight Venture Partners in the transaction. Property Brands, a leading provider of property management technology solutions announced today an investment from Insight Venture Partners, a New York-based venture capital and private equity firm. Providence Strategic Growth, Property Brands’ […]

Hudson Ltd.’s $749 million Initial Public Offering

Cravath represented the underwriters, led by Credit Suisse, Morgan Stanley and UBS Investment Bank, in connection with the $749 million initial public offering of Class A common shares of Hudson Ltd., a duty‑paid and duty‑free travel retail company Dufry AG’s wholly-owned subsidiary: Hudson Ltd., has closed its previously announced initial public offering (IPO) of 39,417,765 […]

Midstates Petroleum’s Proposed Combination with SandRidge Energy

Moelis & Company LLC is acting as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel to Midstates. Midstates Petroleum Company, Inc. has proposed to combine with SandRidge Energy, Inc. (NYSE: SD) (“SandRidge”) in an all-stock merger that would create the leading exploration and production company in the Mississippian […]

Oxford Nanopore Technologies Ltd. v. Pacific Biosciences of California, Inc.

Baker Botts L.L.P., a leading international law firm, announced another victory for firm client Oxford Nanopore Technologies Ltd., in a high profile competitor case at the U.S. International Trade Commission (ITC). The full Commission ruled in favor of Oxford Nanopore by affirming summary determination of noninfringement by Oxford’s nanopore sequencing technology in a patent infringement […]