Davis Polk advised J.P. Morgan Securities LLC as representative of the several underwriters in connection with an offering of 5,175,000 shares of ordinary shares of Stratasys Ltd., including 675,000 shares from the exercise of the underwriters’ over-allotment option. The gross proceeds from the offering were $481 million.

Stratasys is an Israeli incorporated, leading global provider of additive manufacturing solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts.

Davis Polk advised J.P. Morgan Securities LLC, as sole global coordinator and joint bookrunner, and Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman, Sachs & Co., as joint bookrunners (together, the international underwriters), in connection with the SEC-registered offering of 4,290,921 American Depositary Shares, representing 8,581,842 common shares of Compañía Cervecerías Unidas S.A. (CCU). The gross proceeds from the offering were approximately $112 million.

Charles Russell LLP’s Technology, Media and Telecommunications team has advised nominated adviser and broker, Liberum Capital, on the listing of NetScientific plc on its admission to the AIM Market of the London Stock Exchange.  Trading of Ordinary Shares in NetScientific commenced on the 16th September.

Allen & Overy LLP advises J.P. Morgan Securities plc in connection with the capital increase of MorphoSys AG raising gross proceeds of approximately EUR 84 million in a private placement via an accelerated book building procedure. MorphoSys AG issues 1,514,066 new shares from authorized capital to international institutional investors at a price of EUR 55.76 per share. The offering represents approximately 6.3% of the registered pre-transaction share capital of MorphoSys AG.

Allen & Overy LLP advised global automotive and industrial supplier Schaeffler on the successful placement of around 3.9% of the shares in Continental AG, raising funds of around EUR 950 million.

This step, together with a voluntary EUR 325 million principal prepayment, enabled the Schaeffler group to reduce its debt by approx. EUR 1.275 billion to EUR 9.0 billion.
 

Paris, September 11, 2013 ... Global law firm White & Case LLP has advised Groupama on the sale of its stakes of 1.9% in Société Générale and 6.9% in Eiffage, both listed on Euronext Paris.

The sales were made through private placements with qualified investors by means of accelerated bookbuildings. The total value of the Société Générale transaction was approximately €517 million, with the Eiffage transaction valued at €250 million. Following these deals, Groupama no longer holds shares in either Société Générale or Eiffage.

Kirkland & Ellis represents Morgan Stanley and J.P. Morgan, as joint global coordinators and joint bookrunners, as well as China International Capital Corporation and Macquarie, as the other joint bookrunners and joint lead managers, in the US$206 million initial public offering and listing on the Hong Kong Stock Exchange of Forgame Holdings Limited, a leading PRC online game company.

Kirkland partners Dominic Tsun, David Zhang, Li-Chien Wong and Benjamin Su advised on the deal.

Davis Polk advised Morgan Stanley & Co. LLC, Jefferies & Company, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers in connection with the SEC-registered offering of 5,290,000 shares of common stock of Sagent Pharmaceuticals, Inc., of which 3,542,470 shares were sold by the Company and 1,747,530 shares were sold by certain selling shareholders. The amount sold by the selling shareholders included 690,000 shares from the full exercise of the underwriters’ option to purchase additional shares.

Cravath represented the underwriters, led by Deutsche Bank Securities, J.P. Morgan Securities, BofA Merrill Lynch, Goldman, Sachs & Co. and Wells Fargo Securities, in connection with the US$183 million registered offering of common stock of TriMas Corporation, a global manufacturer and distributor of products for industrial, commercial and consumer end markets. The shares were listed on the NASDAQ Global Select Market. The transaction closed on September 16, 2013.

Davis Polk advised Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as representatives of the initial purchasers in connection with an unregistered Rule 144A offering by Clean Energy Fuels Corp. of $220 million aggregate principal amount of its 5.25% convertible senior notes due 2018.