|
14 Oct 2008
|
Shearman & Sterling Advises on TransAlta Power Plant Financing
New York, October 14, 2008—Shearman & Sterling represented Calyon New York Branch, Export Development Canada, WestLB AG, New York Branch, Sumitomo Mitsui Banking Corporation, and DekaBank Deutsche Girozentrale Luxembourg S.A., as mandated lead arrangers, in the $261 million non-recourse financing of the acquisition by InterGen of TransAlta’s two gas-fired combined cycle power plants in Mexico, the 259 MW Campeche Power Plant, located at Palizada in the state of Campeche, and the Chihuahua Power Plant, located in the town of Samalayuca in the municipality of Juárez, Chihuahua.
|
9 Oct 2008
|
Shearman & Sterling Advises Banks on $750 Million Financing for Thailand’s Gheco-One Power Project
Singapore, October 9, 2008—Shearman & Sterling advised the mandated lead arrangers including two local Thai banks on the signing of the loan documents for the dual-currency financing of the Gheco-One independent power project (IPP) in Thailand.
|
7 Oct 2008
|
Shearman & Sterling Advises Scandent on Acquisition by FTSE-Listed Company
London, October 7, 2008—Shearman & Sterling is advising Scandent Holdings Mauritius Ltd (Scandent) on the recently agreed acquisition by UK-based BPO company Xchanging plc of a 75% stake in Bangalore-based BPO and IT services provider Cambridge Solutions—in which Scandent is the largest shareholder—for approximately £83 million.
|
29 Sep 2008
|
Annual Corporate Governance and Compensation Surveys Released
New York, September 29, 2008—U.S. public companies are becoming increasingly more responsive to good corporate governance practices and to the interests of their shareholders, as exemplified by the rise of majority voting, the decline of both classified boards and poison pills, and increased efforts to improve transparency on executive compensation, according to Shearman & Sterling’s sixth annual Corporate Governance Survey of the largest U.S. public companies.
|
28 Sep 2008
|
Shearman & Sterling Acts for Abu Dhabi United Group in Acquisition of Manchester City Football Club
London, September 26, 2008—The Abu Dhabi United Group Investment & Development Limited (Abu Dhabi United Group) completed its acquisition of 90% of the ordinary shares of Manchester City Limited, the holding company of Manchester City Football Club.
|