Burger King Franchisee Files for Bankruptcy After $100M Financial Crisis
Burger King Franchisee Files for Bankruptcy After $100M Financial Crisis. Consolidated Burger Holdings, which runs 75 Burger King restaurants across Florida and Georgia, has filed for Chapter 11 bankruptcy. The filing landed in federal court in Florida, marking a dramatic turn for the once-thriving franchisee. In court documents, the company revealed it owes tens of […]
Kirkland & Ellis Advises Ares Acquisition Corporation II on $2.5 Billion Business Combination with Kodiak Robotics
Kirkland & Ellis Advises Ares Acquisition Corporation II on $2.5 Billion Business Combination with Kodiak Robotics. Kirkland & Ellis LLP has advised Ares Acquisition Corporation II (AACT) in a landmark business combination with Kodiak, a trailblazer in . The deal values Kodiak at a pre-money equity valuation of $2.5 billion and marks a major step […]
Clifford Chance Advises on GreenYellow’s C&I Platform Stake Sale in Asia
Clifford Chance Advises on GreenYellow’s C&I Platform Stake Sale in Asia. Clifford Chance has advised renewable energy firm GreenYellow on bringing in new partners for its fast-growing commercial and industrial (C&I) platform in Thailand and Vietnam. GreenYellow, which is backed by Ardian, sold a 49% stake in the platform to development finance institutions STOA and […]
Haynes Boone Advises Raxio on $100M IFC Deal to Fuel Africa’s Data Center Boom
Haynes Boone Advises Raxio on $100M IFC Deal to Fuel Africa’s Data Center Boom. Global law firm Haynes Boone has represented Raxio Group, a leading pan-African data center developer and operator, in securing a landmark $100 million debt financing package from the International Finance Corporation (IFC), a member of the World Bank Group. The funding […]
Wachtell, Lipton, Rosen & Katz Advises Capri Holdings on $1.375 Billion Sale of Versace to Prada
Wachtell, Lipton, Rosen & Katz Advises Capri Holdings on $1.375 Billion Sale of Versace to Prada. Wachtell, Lipton, Rosen & Katz has advised Capri Holdings Limited (NYSE: CPRI) in its agreement to sell Versace to Prada S.p.A. (HKSE:1913) for $1.375 billion in cash, subject to customary adjustments and regulatory approvals. The deal is expected to […]
Gibson Dunn Advises Dealer Managers in $450M Vale Notes Tender Offer
Gibson Dunn Advises Dealer Managers in $450M Vale Notes Tender Offer. Gibson, Dunn & Crutcher LLP has advised BMO Capital Markets, BofA Securities, Crédit Agricole Securities (USA), HSBC Securities (USA), and J.P. Morgan Securities as dealer managers in connection with Vale Overseas Limited’s cash tender offer for three series of its outstanding notes. As part […]
Kirkland Advises SVP and Blantyre Capital on Acquisition of OQ Chemicals, Rebranded as OXEA
Kirkland Advises SVP and Blantyre Capital on Acquisition of OQ Chemicals, Rebranded as OXEA. Kirkland & Ellis LLP has advised Strategic Value Partners (SVP) and Blantyre Capital on their successful acquisition of OQ Chemicals, a global name in the oxo chemicals industry. With the deal now closed, the company is returning to its original name, […]
Latham & Watkins Advises on Qifu Technology’s $690M Convertible Notes Offering
Latham & Watkins Advises on Qifu Technology’s $690M Convertible Notes Offering. Latham & Watkins LLP has advised the initial purchasers in connection with Qifu Technology, Inc.’s (NASDAQ: QFIN; HKEx: 3660) successful offering of US$690 million aggregate principal amount of 0.50% convertible senior notes due 2030. The offering was made to investors believed to be qualified […]
DLA Piper Advises Barloworld Through ZAR23B Investor Offer
DLA Piper Advises Barloworld Through ZAR23B Investor Offer. DLA Piper has advised Barloworld Limited, a leading South African industrial processing, distribution, and services company, on a cash offer valued at approximately ZAR23 billion to its shareholders. The offer was made by a consortium of investors, marking a significant transaction in the South African corporate landscape. […]
Robbins LLP Files Securities Class Action Against Sana Biotechnology for Misleading Investors
Robbins LLP Files Securities Class Action Against Sana Biotechnology for Misleading Investors. Robbins LLP, a nationally recognized shareholder rights law firm, has filed a securities class action lawsuit against Sana Biotechnology, Inc. (NASDAQ: SANA). The case was filed on behalf of investors who purchased Sana securities between March 17, 2023, and November 4, 2024. According […]
Ballard Spahr Secures PRC Approval for Douglas County PUD’s $7.2M Hydrogen Fueling Project
Ballard Spahr Secures PRC Approval for Douglas County PUD’s $7.2M Hydrogen Fueling Project. Ballard Spahr is playing a pivotal role in bringing one of Washington state’s most forward-thinking clean energy projects to life. Working alongside Douglas County Public Utility District, the firm helped secure unanimous approval for a $7.2 million expansion of the utility’s green […]
Ropes & Gray Advises Trive Capital on $2.7B Fund V Close
Ropes & Gray Advises Trive Capital on $2.7B Fund V Close. Ropes & Gray has advised Dallas-based private equity firm Trive Capital on the successful final closing of Trive Capital Fund V, LP, securing $2.7 billion in total commitments – surpassing its $2.5 billion target. The fund close was announced on April 3. Fund V […]