Rabiya Singh, Author at Legal Desire Media and Insights https://legaldesire.com/author/rabiyasingh/ Latest Legal Industry News and Insights Sat, 13 May 2023 06:55:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://legaldesire.com/wp-content/uploads/2018/11/cropped-cropped-cropped-favicon-1-32x32.jpg Rabiya Singh, Author at Legal Desire Media and Insights https://legaldesire.com/author/rabiyasingh/ 32 32 Cyril Amarchand Mangaldas advises S.J.S. Enterprises on proposed acquisition of 90.1% in Walter Pack Automotive Products https://legaldesire.com/cyril-amarchand-mangaldas-advises-s-j-s-enterprises-on-proposed-acquisition-of-90-1-in-walter-pack-automotive-products/ Sat, 13 May 2023 06:55:10 +0000 https://legaldesire.com/?p=71885 Cyril Amarchand Mangaldas, India’s leading law firm, advised S.J.S. Enterprises on the proposed acquisition of 90.1% stake in Walter Pack Automotive Products India Private Limited (Walter Pack India). Walter Pack India is engaged in the business of design and development of high value added functional decorative parts in the Indian market using advanced in-mould technologies. The General […]

The post Cyril Amarchand Mangaldas advises S.J.S. Enterprises on proposed acquisition of 90.1% in Walter Pack Automotive Products appeared first on Legal Desire Media and Insights.

]]>
Cyril Amarchand Mangaldas, India’s leading law firm, advised S.J.S. Enterprises on the proposed acquisition of 90.1% stake in Walter Pack Automotive Products India Private Limited (Walter Pack India). Walter Pack India is engaged in the business of design and development of high value added functional decorative parts in the Indian market using advanced in-mould technologies.

The General Corporate Practice of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was supervised by Reeba ChackoPartner & Head – Corporate, whereas the transaction was led by Vishak AbrahamPartnerand Sharada RamachandraPartner, and by Arun Prabhu, Partner & Head -Technology, Telecom on the IP and technology aspectswith support from Jesika BabelSenior Associate; Arpita Sengupta, Senior Associate; Gopika Nambiar, Associate; Mukesh SejuAssociate; and Sabreen Hussain, Associate.

Aakriti SinghArushi BindalHarshita Tripathi, and Manav SanghviAssociates; assisted on the legal due diligence.

Abhilash PillaiPartner, and Jinal MehtaPrincipal Associate; assisted in the real estate related due diligence.

As a part of the transaction, S.J.S. Enterprises Limited proposes to acquire 90.1% stake in Walter Pack India, by way of a secondary purchase from Walter Pack S.L. and the founder of their India operations, Mr. Roy Mathew.

Other parties and advisors to the transaction included PwC (acted as tax advisor for S.J.S. Enterprises)

The transaction was signed on 27th April 2023.

The post Cyril Amarchand Mangaldas advises S.J.S. Enterprises on proposed acquisition of 90.1% in Walter Pack Automotive Products appeared first on Legal Desire Media and Insights.

]]>
Ropes & Gray Represents Varsity Healthcare Partners in Strategic Investment in Beghou Consulting https://legaldesire.com/ropes-gray-represents-varsity-healthcare-partners-in-strategic-investment-in-beghou-consulting/ Sat, 13 May 2023 05:18:06 +0000 https://legaldesire.com/?p=71872 Ropes & Gray advised Varsity Healthcare Partners in its strategic growth investment in Beghou Consulting, a global life sciences firm. Financial terms were not disclosed. Varsity, a middle-market private equity firm with offices in Los Angeles and Stamford, Conn., is focused on making tactical investments in the healthcare sector. Beghou, based in Evanston, Ill., helps pharmaceutical […]

The post Ropes & Gray Represents Varsity Healthcare Partners in Strategic Investment in Beghou Consulting appeared first on Legal Desire Media and Insights.

]]>
Ropes & Gray advised Varsity Healthcare Partners in its strategic growth investment in Beghou Consulting, a global life sciences firm. Financial terms were not disclosed.

Varsity, a middle-market private equity firm with offices in Los Angeles and Stamford, Conn., is focused on making tactical investments in the healthcare sector. Beghou, based in Evanston, Ill., helps pharmaceutical companies manage their commercial operations.

The Ropes & Gray team was led by private equity partners Eric Issadore and Bianca Levin-Soler, tax partner Benjamin Rogers, and finance partner Greg Bauer.

The post Ropes & Gray Represents Varsity Healthcare Partners in Strategic Investment in Beghou Consulting appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advises Philip Morris International Inc. on the US$2.45 billion issuance of promissory notes https://legaldesire.com/dla-piper-advises-philip-morris-international-inc-on-the-us2-45-billion-issuance-of-promissory-notes/ Sat, 13 May 2023 05:16:46 +0000 https://legaldesire.com/?p=71869 DLA Piper advised Philip Morris International Inc. (PMI) on the issuance of US$2.45 billion Notes, consisting of US$450 million of its 4.875 percent Notes due 2026, US$550 million of its 4.875 percent Notes due 2028, US$700 million of its 5.125 percent Notes due 2030 and US$750 million of its 5.375 percent Notes due 2033. PMI […]

The post DLA Piper advises Philip Morris International Inc. on the US$2.45 billion issuance of promissory notes appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advised Philip Morris International Inc. (PMI) on the issuance of US$2.45 billion Notes, consisting of US$450 million of its 4.875 percent Notes due 2026, US$550 million of its 4.875 percent Notes due 2028, US$700 million of its 5.125 percent Notes due 2030 and US$750 million of its 5.375 percent Notes due 2033.

PMI is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested more than USD 10.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes.

“We are pleased to have supported our long-time client PMI on completing this note issuance and look forward to continuing to assist them in their vision of a smoke-free future,” said Sanjay Shirodkar, the DLA Piper partner who led the deal team.

In addition to Shirodkar, the DLA Piper team included partners Stasia Kelly (both in Washington, DC) and Anna Spence (New York) and associates Kim McKenzie (Raleigh), Danielle Cortez (New York) and Michael Slovak (Miami).

The post DLA Piper advises Philip Morris International Inc. on the US$2.45 billion issuance of promissory notes appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advises Canary Wharf Group on PPA with Brookfield https://legaldesire.com/dla-piper-advises-canary-wharf-group-on-ppa-with-brookfield/ Sat, 13 May 2023 05:15:16 +0000 https://legaldesire.com/?p=71863 DLA Piper has advised the Canary Wharf Group (CWG) as offtaker on a sleeved physical corporate power purchase agreement (PPA) with Brookfield, one of the world’s largest investors in renewable power. The deal will meet over 70% of Canary Wharf Group’s electricity demand. Brookfield, one of the world’s largest renewable energy providers, will provide the […]

The post DLA Piper advises Canary Wharf Group on PPA with Brookfield appeared first on Legal Desire Media and Insights.

]]>
DLA Piper has advised the Canary Wharf Group (CWG) as offtaker on a sleeved physical corporate power purchase agreement (PPA) with Brookfield, one of the world’s largest investors in renewable power. The deal will meet over 70% of Canary Wharf Group’s electricity demand. Brookfield, one of the world’s largest renewable energy providers, will provide the power by growing its renewables portfolio with the development of a new 60 MW windfarm in the UK, due to be commissioned by 2026.

The landmark 15-year PPA is expected to provide renewable power to some of the UK’s biggest corporates occupying office space in Canary Wharf’s 150 acres, effectively cutting their greenhouse gas emissions and reducing their energy costs.

Natasha Luther-Jones, Global Co-Chair of the Energy and Natural Resources Sector and International Head of Sustainability and ESG at DLA Piper added: “We are proud to have advised CWG (which manages the 60-hectare estate in east London) on this landmark UK wind corporate power purchase agreement. CWG’s corporate PPA will help its customers on their climate and sustainability journeys, creating additionality and providing a reliable energy source.”

The DLA Piper team was led by Natasha Luther-Jones (Partner, London/Leeds) with Andreas Gunst (Partner, London/Vienna) and Tom Metcalfe (Senior Associate, Leeds).

The post DLA Piper advises Canary Wharf Group on PPA with Brookfield appeared first on Legal Desire Media and Insights.

]]>
Kirkland Represents Bain Capital on pre-IPO Minority Investment in CI Financial’s U.S. Wealth Management Business https://legaldesire.com/kirkland-represents-bain-capital-on-pre-ipo-minority-investment-in-ci-financials-u-s-wealth-management-business/ Sat, 13 May 2023 05:12:09 +0000 https://legaldesire.com/?p=71860 Kirkland advised Bain Capital in its minority investment in CI Financial Corp.’s (“CI”), a diversified global asset and wealth management company, U.S. wealth management business (“CI US”). In addition to Bain Capital, the investor group includes a subsidiary of the Abu Dhabi Investment Authority, Flexpoint Ford and Ares Management funds. The approximately C$1.34 billion (US$1.0 […]

The post Kirkland Represents Bain Capital on pre-IPO Minority Investment in CI Financial’s U.S. Wealth Management Business appeared first on Legal Desire Media and Insights.

]]>
Kirkland advised Bain Capital in its minority investment in CI Financial Corp.’s (“CI”), a diversified global asset and wealth management company, U.S. wealth management business (“CI US”). In addition to Bain Capital, the investor group includes a subsidiary of the Abu Dhabi Investment Authority, Flexpoint Ford and Ares Management funds. The approximately C$1.34 billion (US$1.0 billion) investment is being made at a $7.1 billion enterprise value for CI US, representing 25.6x Q1’23 annualized Adjusted EBITDA of CI US.

The Kirkland team was led by capital markets partner Michael Kim, corporate partner Matthew O’Brien and debt finance partner Thomas Dobleman; and included antitrust and competition partners Michael Thorpe, Peter McCormack and Mark Gardner and associate Catherine Kordestani; capital markets partners Josh Korff and Zoey Hitzert and associates Kaangrok Yoo and Anna Ren; corporate partner Ziyad Ziyadzade and associate Brian Arnfelt; debt finance partners Austin Witt and Jocelyn Hirsch; employment and labor partner Sydney Jones and associate Wes Benter; international trade partner Ivan Schlager; investment funds partners Norm Champ, Alpa Patel and Xiao-Hong Jing; litigation partner Josh Greenblatt; tax partners Mike Carew and Meg Dewar; and technology and IP transactions partner Vlad Khodosh and associate Alex Barata.

The post Kirkland Represents Bain Capital on pre-IPO Minority Investment in CI Financial’s U.S. Wealth Management Business appeared first on Legal Desire Media and Insights.

]]>
Kirkland Advises FTV on Strategic Growth Investment in Neptune Alongside Bregal Sagemount https://legaldesire.com/kirkland-advises-ftv-on-strategic-growth-investment-in-neptune-alongside-bregal-sagemount/ Sat, 13 May 2023 05:10:54 +0000 https://legaldesire.com/?p=71858 Kirkland & Ellis advised FTV Capital on its strategic growth investment in Neptune Flood Incorporated, a digital insurtech platform and private flood insurance provider, alongside Bregal Sagemount. FTV and Sagemount will acquire a substantial minority stake in the company, with Neptune CEO and management maintaining majority ownership. Financial terms of the transaction were not disclosed. […]

The post Kirkland Advises FTV on Strategic Growth Investment in Neptune Alongside Bregal Sagemount appeared first on Legal Desire Media and Insights.

]]>
Kirkland & Ellis advised FTV Capital on its strategic growth investment in Neptune Flood Incorporated, a digital insurtech platform and private flood insurance provider, alongside Bregal Sagemount. FTV and Sagemount will acquire a substantial minority stake in the company, with Neptune CEO and management maintaining majority ownership. Financial terms of the transaction were not disclosed.

The Kirkland team was led by corporate partners Chris Burwell and Leo Greenberg and associates Michael Nester and Guy Green; debt finance partner Jud Oswald and associate Justin Greer; tax partner David Kung and associate Zak Morozov; and antitrust partners Mike Thorpe and Alasdair Balfour.

The post Kirkland Advises FTV on Strategic Growth Investment in Neptune Alongside Bregal Sagemount appeared first on Legal Desire Media and Insights.

]]>
Latham & Watkins Advises H2B2 Electrolysis Technologies in Business Combination With RMG Acquisition Corporation III https://legaldesire.com/latham-watkins-advises-h2b2-electrolysis-technologies-in-business-combination-with-rmg-acquisition-corporation-iii/ Sat, 13 May 2023 05:08:20 +0000 https://legaldesire.com/?p=71856 H2B2 Electrolysis Technologies, Inc. (H2B2), a global green hydrogen platform that provides bespoke integrated solutions across the hydrogen value chain, and RMG Acquisition Corp. III (Nasdaq: RMGC) (RMG III), a publicly-traded special purpose acquisition company, have announced that they have entered into a definitive agreement to take H2B2 public via a business combination. Latham & […]

The post Latham & Watkins Advises H2B2 Electrolysis Technologies in Business Combination With RMG Acquisition Corporation III appeared first on Legal Desire Media and Insights.

]]>
H2B2 Electrolysis Technologies, Inc. (H2B2), a global green hydrogen platform that provides bespoke integrated solutions across the hydrogen value chain, and RMG Acquisition Corp. III (Nasdaq: RMGC) (RMG III), a publicly-traded special purpose acquisition company, have announced that they have entered into a definitive agreement to take H2B2 public via a business combination.

Latham & Watkins LLP advises H2B2 in the transaction with a corporate deal team led by Houston partner Ryan Maierson and Houston counsel Thomas Verity, with associates Jane Ehinmoro, Monika Kluziak, Zainab Hashmi, and Jacob Kempf. Madrid partner Ignacio Gómez-Sancha and Madrid counsel Luis Manuel Lozano, with associate María Domingo advised on Spanish corporate matters. New York associates Shawn Quinn and Nick Gonzalez advised on capital markets matters.

Advice was also provided on US tax matters by Houston partners Tim Fenn and Jim Cole, with associate Christine Mainguy; on Spanish tax matters by Madrid partner Iván Rabanillo, with associates Juan Rodríguez and Ana Serrano; on Spanish public law matters by Madrid partner José María Alonso; on US employment matters by Los Angeles counsel Julie Crisp, with associate Jordan Barnes and Viva Jerónimo; on Spanish employment matters by Madrid partner Naiara Rodríguez-Escudero, with associate María Goñi; on intellectual property matters by New York partner Jeffrey Tochner, with associate Sebastian Moss; on antitrust matters by Washington, D.C. partner Jason Cruise and Frankfurt partner Max Hauser; on HSR Act matters by Washington, D.C. counsel Joseph Simei; on compliance matters by London partner Nathan Seltzer, with associate Jay Winkelman; on CFIUS matters by Washington, D.C. partner James Barker; on sanction matters by Washington, D.C. counsel Ruchi Gill, with associate Lindsay Kenney; on environmental matters by Los Angeles/Houston partner Joshua Marnitz; on data privacy/cybersecurity matters by Houston counsel Robert Brown; and on real estate matters by New York counsel Shira Bressler.

The post Latham & Watkins Advises H2B2 Electrolysis Technologies in Business Combination With RMG Acquisition Corporation III appeared first on Legal Desire Media and Insights.

]]>
Latham & Watkins Represents Solo Brands, Inc. in Secondary Offering of Class A Common Stock https://legaldesire.com/latham-watkins-represents-solo-brands-inc-in-secondary-offering-of-class-a-common-stock/ Sat, 13 May 2023 05:07:04 +0000 https://legaldesire.com/?p=71854 Solo Brands, Inc. (NYSE: DTC), an omni-channel platform of brands Solo Stove, Chubbies, Oru Kayak, and ISLE, has announced the pricing of the underwritten public offering of 11,304,348 shares of Solo Brands’ Class A common stock by certain selling stockholders, at a price to the public of US$5.25 per share. The underwriters will also have […]

The post Latham & Watkins Represents Solo Brands, Inc. in Secondary Offering of Class A Common Stock appeared first on Legal Desire Media and Insights.

]]>
Solo Brands, Inc. (NYSE: DTC), an omni-channel platform of brands Solo Stove, Chubbies, Oru Kayak, and ISLE, has announced the pricing of the underwritten public offering of 11,304,348 shares of Solo Brands’ Class A common stock by certain selling stockholders, at a price to the public of US$5.25 per share. The underwriters will also have a 30-day option to purchase up to an additional 1,695,652 shares of Solo Brands’ Class A common stock from the selling stockholders. The Secondary Offering is expected to close on May 16, 2023, subject to customary closing conditions.

Latham & Watkins LLP represents Solo Brands in the offering with a capital markets team led by partners Ian Schuman and Adam Gelardi, with associates Adam Johnson, Katie Byun, and Amanda Farrish. Advice was also provided on tax matters by partner Andrea Ramezan-Jackson, with associate Michael Syku.

The post Latham & Watkins Represents Solo Brands, Inc. in Secondary Offering of Class A Common Stock appeared first on Legal Desire Media and Insights.

]]>
Latham & Watkins Advises Sixth Street in Creation of Soccer Champions Tour https://legaldesire.com/latham-watkins-advises-sixth-street-in-creation-of-soccer-champions-tour/ Sat, 13 May 2023 05:04:55 +0000 https://legaldesire.com/?p=71852 Soccer Champions Tour has announced the launch and schedule for a new series of games featuring six of the world’s most iconic soccer clubs to be played this summer in major markets across the United States. Spain’s Real Madrid and FC Barcelona, Italy’s Juventus and AC Milan, and England’s Arsenal and Manchester United will compete […]

The post Latham & Watkins Advises Sixth Street in Creation of Soccer Champions Tour appeared first on Legal Desire Media and Insights.

]]>
Soccer Champions Tour has announced the launch and schedule for a new series of games featuring six of the world’s most iconic soccer clubs to be played this summer in major markets across the United States. Spain’s Real Madrid and FC Barcelona, Italy’s Juventus and AC Milan, and England’s Arsenal and Manchester United will compete in eight matches between Saturday, July 22, and Wednesday, August 2, 2023.

Latham & Watkins LLP advised Sixth Street in the creation of the portfolio company and negotiations surrounding the tour with an Entertainment, Sports & Media team led by New York partner Frank Saviano, London partner Patrick Mitchell, and London counsel Rachael Astin, with associates Alastair Mackichan, Adam Rosenthal, and Katie Henshall. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with Bay Area associate Greg Conyers and London associate Sam Duncan; on IP/data matters by London partner Christian McDermott and Orange County counsel Allison Blanco, with London associate Lorenzo Meusburger; and on antitrust matters by London associate Daniel Baker.

The post Latham & Watkins Advises Sixth Street in Creation of Soccer Champions Tour appeared first on Legal Desire Media and Insights.

]]>
Latham Advises Bloom Energy Corporation in Upsized US$550 Million Green Convertible Senior Notes Offering https://legaldesire.com/latham-advises-bloom-energy-corporation-in-upsized-us550-million-green-convertible-senior-notes-offering/ Sat, 13 May 2023 05:03:41 +0000 https://legaldesire.com/?p=71850 Bloom Energy Corporation (NYSE: BE) has announced the pricing of its offering of US$550 million aggregate principal amount of 3% green convertible senior notes due 2028 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering size was […]

The post Latham Advises Bloom Energy Corporation in Upsized US$550 Million Green Convertible Senior Notes Offering appeared first on Legal Desire Media and Insights.

]]>
Bloom Energy Corporation (NYSE: BE) has announced the pricing of its offering of US$550 million aggregate principal amount of 3% green convertible senior notes due 2028 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering size was increased from the previously announced offering size of US$500 million aggregate principal amount of notes. The issuance and sale of the notes is scheduled to settle on May 16, 2023, subject to customary closing conditions. Bloom Energy also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional US$82.5 million principal amount of notes.

Latham & Watkins LLP represents Bloom Energy Corporation in the offering, with a corporate team led by Bay Area partners Tad Freese and Richard Kim, and Los Angeles partner Arash Aminian Baghai, with New York associate Ryan Gold, Los Angeles associate Andrew Bentz, and Bay Area associates Josh Landis and Kayleigh Kuyon. Advice was also provided on equity derivatives by New York partner Reza Mojtabaee-Zamani, with associates Christopher Yu and Hera Liao; on regulatory matters by Washington, D.C. partner Natasha Gianvecchio, with associate Carlos Clemente; and on tax matters by New York partner Elena Romanova, with associate Michael Yu.

The post Latham Advises Bloom Energy Corporation in Upsized US$550 Million Green Convertible Senior Notes Offering appeared first on Legal Desire Media and Insights.

]]>