Search results for

Skadden Arps Slate Meagher & Flom is acting for Chicago's stock exchange on a $9.3 billion deal to acquire Nymex, New York's energy trading platform. The new entity will trade a wide range of asset classes, including options and futures, equity indexes, foreign exchange and commodities of all kinds. The takeover will provide investors with greater opportunities to find appropriate investments, according to James Newsome, Nymex's president and CEO. The executive chairman of the new group, Terry Duffy, agreed, saying that technology has provided a bigger platform for customers of the new exchange group.

Slaughter and May has advised supply chain management company Umeco on the sale of its three principal chemicals distribution businesses.

Simmons & Simmons has hired Vanessa Abernethy as a corporate partner in its Dubai office.

US capital markets can be sluggish over new products. So lawyers are encouraged by a new agreement between the SEC and the CFTC that could speed up deals and help the US to compete internationally

Buyers and their counsel in Asia are learning lessons from the US, as material adverse change (Mac) clauses have begun to appear in M&A documentation

British Airports Authority (BAA) has sold its travel retail subsidiary World Duty Free Europe to Autogrill for £546.6 million ($1.1 billion).

Chadbourne & Parke represented Golden Telecom on its $4.2 billion acquisition by Vimpel Communications.

Latham & Watkins has appointed Howard Rosenblatt as the new managing partner of its Brussels office. He succeeds Andreas Weitbrecht who served in that position since the office's opening in 2002. Rosenblatt is a highly regarded competition partner with more than 20 years' experience advising on complex merger clearances, cartel investigations, alleged abuses of dominance and all other aspects of EC competition law.

Wachtell Lipton Rosen & Katz is representing Ambac Financial Group in its $1 billion common stock offering and $500 million of equity units.

Cleary Gottlieb Steen & Hamilton is representing Honeywell International in its $1.5 billion SEC-registered debt offering.