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Davis Polk Advises Reckitt Benckiser on the Sale of Its Food Division to McCormick
Davis Polk is advising Reckitt Benckiser Group plc on the sale of its Food Division to McCormick & Company Inc. for $4.2 billion in cash, subject to typical purchase price adjustments…
Ascend Learning, LLC Acquisition Financings
Davis Polk advised the lead arrangers in connection with a $125 million senior secured revolving credit facility and a $700 million senior secured term loan facility for Alpine Finance…
Davis Polk Advises Bertelsmann on the Increase of Its Stake in Penguin Random House to 75 Percent
Davis Polk is advising Bertelsmann SE & Co. KGaA on its acquisition of a 22% stake in Penguin Random House from co-owner Pearson plc. The acquisition will give Bertelsmann a 75% stake…
Yum! Brands $750 Million Senior Notes Offering
Davis Polk advised the representative of the initial purchasers on a Rule 144A/Regulation S offering by KFC Holding Co., Pizza Hut Holdings, LLC and Taco Bell of America, LLC of $750…
WideOpenWest Initial Public Offering
Davis Polk advised the representatives of the underwriters in connection with the $356.5 million initial public offering of 20,970,589 shares of common stock of WideOpenWest, Inc., which…
Davis Polk Advises Comcast on Its Acquisition of Craftsy
Davis Polk is advising Comcast Corporation in connection with Comcast’s acquisition of majority ownership of Craftsy, a leader in the lifestyle learning entertainment space. Financial terms…
Discovery Communications, LLC Debt Tender Offer
Davis Polk advised the dealer managers on a cash tender offer by Discovery Communications, LLC for up to $600 million combined aggregate principal amount of its 5.050% senior notes due 2020…
Davis Polk Advises Ferrero on Its Acquisition of Fannie May Confections Brands
Davis Polk is advising Ferrero International S.A. on its acquisition of Fannie May Confections Brands, Inc. from 1-800-FLOWERS.COM, Inc. The transaction, which is expected to close by the…
Discovery Communications, LLC $450 Million Senior Notes Offering and $200 Million Senior Notes Reopening
Davis Polk advised the joint bookrunners and representatives of the several underwriters in connection with an SEC-registered offering of $450 million aggregate principal amount of a new…
Davis Polk Advises First Data on a New Prepaid Gift Joint Venture with FLEETCOR
Davis Polk is advising First Data Corporation on the formation of a joint venture with FLEETCOR Technologies Inc. The new joint venture combines the gift card businesses of both companies…