London (July 1, 2008) Paul, Hastings, Janofsky & Walker LLP, a leading international law firm, announced today that its London office recently advised Fox-Davies Capital Limited (Fox-Davies) in its capacity as joint underwriter and co-lead manager on the £140m initial public offering and on the London Stock Exchange of Cadogan Petroleum PLC. The market capitalization of Cadogan upon listing was approximately £530m. UBS acted as sole global co-ordinator, bookrunner and sponsor to the offering.
The Paul Hastings team was led by London corporate partner Ronan OSullivan and included associates Hayley Buckley and Alex Morris.
Commenting on the listing, Ronan OSullivan, Paul Hastings partner said: We are delighted to have worked alongside Fox-Davies on the IPO of Cadogan Petroleum. This transaction highlights the growing capabilities of Paul Hastings capital markets practice in London.
Denton Wilde Sapte LLP represented Cadogan Petroleum and Herbert Smith LLP acted for UBS on the transaction.
Fox-Davies has been advising and raising funds for the natural resource sector since February 2001. The firm specialises in assisting international resource companies to gain access to the UK, European and North American capital markets and has a substantial background in emerging markets particularly in Africa, Asia, Russia and the CIS.
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