Paul Hastings LL has acted for Goldman Sachs and Citigroup as arrangers in respect of the financing for the recommended public-to-private acquisition by Advent International of Laird PLC for approximately £1 billion.  AI Ladder Limited ("Bidco") (a wholly-owned indirect subsidiary of funds managed by Advent International Corporation) and UK electronics and technology business Laird reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Laird by Bidco.

Baker McKenzie advised Mundipharma GmbH on its sale of their Limburg based production plant to Fidelio Healthcare Holding GmbH. Fidelio Healthcare will continue the Mundipharma business in Limburg and take over most of the employees. Plans are to produce its own products as well as medicine by order of other companies at this location.

Cravath represented Deutsche Bank, BNP Paribas, Credit Suisse and KKR as initial purchasers in connection with the EU150 million 144A/Reg. S high-yield senior pay-if-you-can notes offering by Hercule Debtco S.a r.l., which is indirectly owned by PAI Partners. Proceeds of the offering will be used to finance the acquisition of Albea S.A., one of the world's leading producers of plastic packaging for the beauty and personal care market, by a subsidiary of Hercule Debtco. The notes will be listed on The International Stock Exchange. The offering closed into escrow on February 14, 2018.

Debevoise & Plimpton LLP has advised Motor Fuel Group (“MFG”) in the financing and tax structuring of its £1.2 billion acquisition of MRH, the U.K.'s largest petrol station and convenience retail operator.

The transaction will create the U.K.'s largest operator by number of sites, and second largest by fuel volume. Together, MFG and MRH will operate more than 900 sites. On a combined basis, MFG and MRH sold approximately 3.6 billion litres of fuel in 2017.

Debevoise & Plimpton LLP has advised a subsidiary of Assured Guaranty Ltd. (“Assured Guaranty”) in its acquisition of a minority interest in Cadia (Malta) Limited (“CML”), the holding company of Rubicon Infrastructure Advisors (“Rubicon”).

Assured Guaranty is a publicly traded Bermuda-based holding company whose operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets.

Davis Polk advised the representatives of the several underwriters, in connection with an SEC-registered offering by Snap-on Incorporated of $400 million aggregate principal amount of its 4.100% notes due 2048.

Davis Polk also advised the dealer managers in connection with Snap-on’s concurrent cash tender offer for its outstanding 6.70% notes due 2019. The tender offer will be funded with the proceeds of the notes offering.

Orrick has acted on SapphireOne Auto 2017-1, the first public automobile asset-backed securities transaction, by My Money Bank. Relying on the use of a French securitization fund, the transaction backs a mix of auto loan and lease contracts to borrowers in the French overseas territories of La Reunion, Guadeloupe, Martinique and French Guiana.

In addition, the leasing contracts within the deal are structured to finance both the leasing installments, as well as the residual values of the leased vehicles.

BNP Paribas, together with the European Investment Bank (EIB) and the European Investment Fund (EIF), which make up the EIB Group, have executed the first synthetic securitisation deal on a portfolio of loans granted to French SMEs and midcap firms under the Juncker Plan. Under the agreement, risk sharing will be undertaken by EIB and BNP Paribas, while the assets will remain on BNP Paribas’ balance sheet. This highly innovative operation enables BNP Paribas to free up part of the regulatory capital allocated to a portfolio of SME and midcap loans.

Greenberg Traurig represented Innova Capital, a leading CEE private equity fund, in the acquistion of Profim sp. z o.o., one of the leading office seating manufacturers in Europe by the Flokk Group, controlled by Triton Partners, a leading Scandinavian private equity fund.

Orrick has advised leading Chinese furniture producer KUKA Home (Jason Furniture (Hangzhou) Co., Ltd.) on the acquisition of luxury furniture producer Rolf Benz from German furniture manufacturer Hüls Group.

A leader in China’s home furnishing industry, KUKA Home specializes in the research, development, production and marketing of household products for the living rooms, bedrooms and dining rooms of families around the world. KUKA household products are exported to over 100 countries and regions worldwide, inter alia through over 3,000 brand monopolized shops.