Johnson Controls Inc., seeking to reduce its reliance on the cyclical auto industry, agreed to acquire Canada Pension Plan Investment Board’s Air Distribution Technologies for $1.6 billion to add ventilation products.
Puerto Rico’s new general-obligation bonds have fallen to the lowest price since their sale last month after the Government Development Bank said it hired law firm Cleary Gottlieb Steen & Hamilton LLP.
Sutherland Asbill & Brennan LLP is combining with Arbis LLP, a boutique law firm with offices in London and Geneva that features a strong energy practice, to give the U.S. firm its first international offices.
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011.
Cleary Gottlieb Steen & Hamilton LLP, which advised United Co. Rusal on its $2.24 billion Hong Kong initial share sale this year, hired Norton Rose’s Freeman Chan to start a local law practice in the Chinese city.
Law firms Cleary Gottlieb Steen & Hamilton LLP and Bingham McCutchen LLP are arranging separate meetings with bondholders of billionaire Eike Batista’s OGX Petroleo & Gas Participacoes SA and OSX Brasil SA to discuss Brazilian insolvency law.
Robert W. Cook, former director of the division of trading and markets of the U.S. Securities and Exchange Commission, will return to Cleary Gottlieb Steen & Hamilton LLP as a partner. He will be based in the firm’s Washington office and will focus on securities, derivatives, and market regulation, the firm said.
Debevoise & Plimpton LLP and Cleary Gottlieb Steen & Hamilton LLP were legal counsel to Forest Laboratories Inc., maker of the Alzheimer’s drug Namenda, which agreed to buy Aptalis Pharma for $2.9 billion, adding treatments for gastrointestinal ailments and cystic fibrosis. Aptalis was advised by Ropes & Gray LLP.