Deals 9 July 2004
Baker & McKenzie acted for Body Shop International Plc in connection with its acquisition of 75 per cent of Mighty Ocean Company Limited for HK$156.5 ($28.7) million in cash and shares.
Baker & McKenzie acted for Body Shop International Plc in connection with its acquisition of 75 per cent of Mighty Ocean Company Limited for HK$156.5 ($28.7) million in cash and shares. Prior to the transaction, Mighty Ocean was The Body Shop head franchisee in Hong Kong and Macau, where it operates 26 The Body Shop stores.
Pillsbury Winthrop represented Headwaters Incorporated in a Rule 144A offering of US$150 ($220) million of 2-7/8 per cent Convertible Senior Subordinated Notes due 2016. The initial purchasers for the transaction were Morgan Stanley & Co. Incorporated, JPMorgan Securities Inc., Adams, Harkness & Hill, Inc., RBC Capital Markets Corporation and Stephens Inc. Headwaters Incorporated is a developer of technologies that enhance the value of coal, gas, oil and other natural resources. The transaction closed on June 1, 2004.
Linklaters is advising National Grid Transco (NGT) on its US$2.05 ($2.9) billion acquisition of the UK mobile telecommunications and broadcasting infrastructure business of the US company Crown Castle. The deal, which is subject to the approval of the Office of Fair Trading and the US Federal Communications Commission, is NGT’s first major acquisition following the merger between National Grid and Lattice Group two years ago.