Friday - November 29, 2024
State Tipoffs Involving Illinois Newsletter for Saturday August 10, 2024 ( 3 items )  

Kirkland Advises Consortium of CVC Private Equity Funds, Nordic Capital, ADIA on Fund Recommended Cash Acquisition of Hargreaves Lansdown
CHICAGO, Illinois, Aug. 10 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising Harp Bidco Limited, a bidco to be financed by the consortium of CVC Private Equity Funds, Nordic Capital and Platinum Ivy (a wholly owned subsidiary of ADIA, managed by ADIA PED) on its recommended cash acquisition of the entire issued, and to be issued, ordinary share capital of Hargreaves Lansdown. The cash offer values Hargreaves Lansdown's entire issued, and to be i  more

Mayer Brown Advises Sotheby's on Sale of Minority Stake to ADQ
CHICAGO, Illinois, Aug. 10 -- Mayer Brown, a law firm, issued the following news: Mayer Brown advised Sotheby's, the global leader in fine art and secondary market luxury, on the tax and structuring aspects in connection with the sale of a minority stake to ADQ, an Abu Dhabi-based investment and holding company. The total amount of investment is approximately $1 billion. Under the terms of the agreement, ADQ will acquire newly issued shares of Sotheby's to reduce leverage and support the compa  more

McDermott Represents Waller Helms Advisors in Sale to Houlihan Lokey
CHICAGO, Illinois, Aug. 10 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery represented Waller Helms Advisors, LLC (Waller Helms), an independent advisory firm with nearly 50 investment professionals that provides investment banking services to clients in the insurance and wealth management sectors, in its pending sale to Houlihan Lokey Inc., a global investment bank. On a pro forma basis, the combined group ranks as the   more