WDC Networks’ R$450.1 Million Initial Public Offering

Skadden, Arps, Slate, Meagher & Flom represented Livetech da Bahia Indústria e Comércio S.A. in the offering. Shearman & Sterling represented BTG Pactual, Bradesco BBI, Itaú BBA and Citigroup as international placement agents.

Livetech da Bahia Indústria e Comércio S.A. (“WDC Networks”) executed a R$450.1 million (approximately US$90 million) primary initial public offering, comprising the sale of 19,400,000 common shares.

WDC Networks provides customized, complex information technology, telecommunication and solar energy solutions to a wide range of customers in Brazil as well as throughout Latin America and the United States.

The Skadden team led by Corporate partner Filipe Areno (Picture), counsel Lauren Bennett, associate Karina Cardozo de Oliveira and local associate Thiago Claro in São Paulo, also included Tax partner Victor Hollender (New York) and associate Joshua Lin (New York), Investment Management partner Michael Hoffman (New York) and associate Cameron Jordan (Chicago); and Executive Compensation and Benefits counsel Jeffrey Lieberman (New York).

Shearman & Sterling represented BTG Pactual, Bradesco BBI, Itaú BBA and Citigroup as international placement agents with a team which included Roberta Cherman, Stuart K. Fleischmann, Larry Crouch, Thomas Donegan, Jonathan A. Lewis, Francisco Alverne, Kristina Killick, Matthew Behrens, Daniel Kachmar, Gabriela Laufer, and Marina Mendes Correa.

Involved fees earner: Matthew Behrens – Shearman & Sterling; Roberta Cherman – Shearman & Sterling; Larry Crouch – Shearman & Sterling; Thomas Donegan – Shearman & Sterling; Stuart Fleischmann – Shearman & Sterling; Daniel Kachmar – Shearman & Sterling; Kristina Killick – Shearman & Sterling; Jonathan Lewis – Shearman & Sterling; Francisco Zaninotto Mont’ Alverne – Shearman & Sterling; Filipe Areno – Skadden Arps Slate Meager & Flom; Lauren Bennett – Skadden Arps Slate Meager & Flom; Karina Cardozo De Oliveira – Skadden Arps Slate Meager & Flom; Thiago Claro – Skadden Arps Slate Meager & Flom; Michael Hoffman – Skadden Arps Slate Meager & Flom; Victor Hollender – Skadden Arps Slate Meager & Flom; Cameron Jordan – Skadden Arps Slate Meager & Flom; Jeffrey Lieberman – Skadden Arps Slate Meager & Flom; Joshua Lin – Skadden Arps Slate Meager & Flom;

Law Firms: Shearman & Sterling; Skadden Arps Slate Meager & Flom;

Clients: Bradesco BBI; BTG Pactual; Citigroup Inc.; Itaú BBA USA Securities; WDC Networks;