New York, April 30, 2008—Shearman & Sterling is representing India’s Essar Steel Holdings Limited in its acquisition of U.S. steelmaker and distributor Esmark Inc., parent company of Wheeling-Pittsburgh Steel Corp., in a deal valued at $669 million (€430.5 million). The deal was announced this morning after Esmark said it has agreed to the terms of a proposed tender offer and merger with Essar for a cash purchase price of $17 a share.

Shearman & Sterling attorneys involved in the deal include partners Stephen Besen (NY-MA), Eliza Swann (NY-MA), Ronald Bayer (NY-FG), John Opar (NY-PR); counsel Christopher Poggi (NY-FG), Jason Pratt (NY-PR), Samuel Waxman (NY-IP); associates Nathan Sawyer (NY-MA), Curt Goldman (NY-MA), Craig Culbert (NY-MA), Ken Hemler (NY-MA), Erika Mouynes (NY-FG), Gaurav Sud (NY-MA), Elizabeth Roseman (NY-ECEB), Kirath Raj (NY-ECEB), Michael Sunwoo (NY-TX), Jordan Altman (NY-IP), Keith Tagliavia (NY-PR), Aurora Alvarez-Calderon (NY-PR), Seth Burch (NY-PR), Kevin Younai (NY-PR), John Reiss (NY-PR), Seth Kerschner (NY-PR). 

For additional information contact:
Ron Brandsdorfer | New York | T +1.212.848.5081 |