Davis Polk advised Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC as joint book-running managers in connection with the $151.2 million public offering of common stock by Portola Pharmaceuticals, Inc. and certain of its selling stockholders. The common stock is listed on the NASDAQ Global Market under the symbol “PTLA.” (more…)
O’Melveny & Myers LLP represented Microsemi Corp. in the strategic acquisition of Symmetricom, Inc., a worldwide leader in precision time and frequency technologies. The total transaction value is approximately US$230 million and is subject to customary closing conditions (more…)
Cooley LLP announced today that it advised Depomed, Inc. in its sale of interests in royalty and milestone payments in the Type 2 diabetes therapeutic area to PDL BioPharma, Inc. for $240.5 million. Depomed is a specialty pharmaceutical company that commercializes products for pain and neurology related disorders (more…)
The Firm represented Sageview Capital LP in connection with its $30 million equity investment in an aggregate $38 million fund-raising by United Capital Financial Partners, Inc., a nationwide registered investment advisory firm. The investment signed and closed on October 14, 2013 (more…)
Paul Hastings LLP, a leading global law firm, announced today that it represented Infinity World Development Corp., a wholly owned subsidiary of Dubai World, in connection with a successful $1.78 billion refinancing package for CityCenter Holdings, LLC, a 50/50 joint venture of Infinity World and MGM Resorts International (more…)
O’Melveny & Myers LLP represented Lookout, a leader in security software, in a US$55 million strategic financing round. Deutsche Telekom led the investors, which included Qualcomm Incorporated, through its venture capital arm, Qualcomm Ventures, and top venture capital firms Greylock Partners and Mithril Capital Management. Current investors Accel Partners, Andreessen Horowitz, Index Ventures, and Khosla Ventures also participated (more…)
Davis Polk advised the underwriters in connection with a follow-on offering of 2,622,950 shares of common stock of KYTHERA Biopharmaceuticals, Inc. at $45.75 per share. The offering resulted in gross proceeds of approximately $120.0 million (more…)
Paul Hastings, a leading global law firm, announced today that it is representing Samsung Electronics, a world leader in advanced semiconductor solutions, in a US$1.5 billion private share redemption transaction with Seagate Technology, a world leader in hard disk drives and storage solutions. Following the transaction, Samsung Electronics will continue to own approximately 12.5 million shares of Seagate Technology (more…)
Cooley LLP announced today that it advised the underwriters on RingCentral, Inc.’s initial public offering. RingCentral, a California-based technology company, delivers cloud communications solutions that free people to work the way they want in today’s mobile, distributed and always-on work world. RingCentral now trades on the New York Stock Exchange under the symbol “RNG.” (more…)
Cooley LLP announced today that it advised the underwriters on FireEye, Inc.’s $303.5 million initial public offering. FireEye, a California-based technology company, invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks (more…)
Cooley LLP announced today that it advised CBRE Group, Inc. on the acquisition of Fameco, a leading firm specializing in retail real estate services in the US Mid-Atlantic region. The acquisition of Fameco significantly bolsters CBRE’s retail service offering in the greater Philadelphia area and throughout the Mid-Atlantic region (more…)
Shearman & Sterling represented the Province of Ontario in connection with its public offering of US$1,750,000,000 of its 2.000% Bonds due September 27, 2018. Application will be made to the Luxembourg Stock Exchange for the bonds to be admitted to trading on the Euro MTF Market of the exchange (more…)
