Jiangsu Hengrui Medicine and TG Therapeutics’ Global License Agreement for Development and Commercialization of Novel BTK Inhibitor Program

Goodwin advised Jiangsu Hengrui Medicine as it entered into an exclusive global license agreement with TG Therapeutics. Under the terms of the agreement, Jiangsu Hengrui will receive an up-front licensing fee and near-term milestones, payable in TG common stock, and will be eligible to receive additional payments contingent on certain clinical, regulatory and commercial milestones, […]

Sungard Availability Services’ $1.275 Billion Refinancing Transactions

Simpson Thacher represented Sungard Availability Services Capital, Inc. (“SAS”) in connection with a series of refinancing transactions closing in July 2017 and January 2018, completed to extend the maturity of SAS’s senior secured credit facilities In connection with the refinancing transactions, SAS successfully extended the maturity of (i) a portion of the revolving commitments previously […]

Crown Holdings’ $3.9 Billion Acquisition of Signode Industrial Group Holdings

Dechert LLP is advising Crown Holdings, Inc., a global leader in consumer packaging, in connection with its proposed acquisition of Signode Industrial Group Holdings (Bermuda) Ltd., a leading global provider of transit packaging systems and solutions, from The Carlyle Group, in a cash transaction valued at US$3.91 billion subject to adjustment. Crown Holdings, Inc. (NYSE: […]

Francisco Partners’ Take-Private of Connecture, Inc.

The Special Committee that negotiated and recommended the transaction has retained Houlihan Lokey and Raymond James as its financial advisors and Potter Anderson & Corroon LLP as its legal advisor. DLA Piper LLP (US) is serving as legal advisor to Connecture. Francisco Partners’ legal advisor is Kirkland & Ellis LLP. Connecture, Inc. (OTCQX:CNXR), a provider […]

Industrial Logistics Properties Trust’s $480 million initial public offering

Industrial Logistics Properties Trust (Nasdaq: ILPT) announced that it has priced an initial public offering of 20,000,000 common shares of beneficial interest at $24.00 per share. The underwriters have a 30 day option to purchase up to an additional 3,000,000 shares to cover overallotments, if any. All the shares are being offered by ILPT. ILPT […]

Agenus and HealthCare Royalty Partners’ $230 Million Royalty Monetization Agreement

Goodwin represented Agenus Inc. (NASDAQ: AGEN) in its $230 million non-dilutive royalty transaction with HealthCare Royalty Partners (HCR). The transaction is comprised of $190 million of cash proceeds at closing plus up to $40 million in milestone payments. Agenus will use part of these proceeds to redeem its royalty bond from Oberland and the additional […]

Alta Marcellus Development’s $115 Million Acquisition of Ultra Petroleum’s asset

Kirkland & Ellis advised Alta Marcellus Development, LLC on the acquisition of Ultra Petroleum Corp.’s (NASDAQ:UPL) non-operated asset in the Marcellus Shale for $115 million. Ultra Petroleum Corp. has reached a definitive agreement and closed on the sale to divest the Company’s non-operated asset in the Marcellus Shale to Alta Marcellus Development, LLC for a […]

Restructuring of Vector’s Funds II and III and affiliated vehicles for approximately $450 Million

Evercore served as financial advisor and Kirkland & Ellis LLP served as legal counsel to Vector Capital. Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has successfully completed a restructuring of Vector Capital II, L.P., a 1999 vintage fund, Vector Capital III, L.P., a 2005 […]

LINN Energy’s $122 million Sale of Oklahoma Waterflood and Texas Panhandle properties

Kirkland & Ellis advised Houston-based LINN Energy, Inc., a petroleum, natural gas, and natural gas liquids exploration and production company, in a definitive agreement to sell its Oklahoma Waterflood and Texas Panhandle properties to an undisclosed buyer. The transaction, valued at $122 million, is expected to close in the first quarter of 2018. This transaction […]

Northwoods Energy’s $500 Million Acquisition of SM Energy’s Powder River Basin Assets

Vinson & Elkins advised Northwoods Energy LLC (formerly known as Converse Energy) and certain funds managed by affiliates of Apollo Global Management, LLC in connection with Northwoods’ $500 million acquisition of SM Energy’s core Powder River Basin assets. Northwoods Energy LLC is an upstream oil & gas company based in Denver, CO and focused on […]