Aug 16, 2018
Shearman & Sterling advised Intapp, a global provider of software and services to professional services and capital markets professionals, on its acquisition of DealCloud. Intapp with DealCloud will offer a cloud-based client life cycle platform that will manage all phases of client relationships through the professional and financial services transaction ecosystem.
Aug 15, 2018
Shearman & Sterling is advising KMG Chemicals on its acquisition by Cabot Microelectronics Corporation for approximately $1.6 billion in a cash and stock merger transaction. The combined company is expected to have annual revenues of approximately $1 billion and approximately $320 million in EBITDA, including synergies, extending and strengthening Cabot Microelectronics' position as one of the leading suppliers of consumable materials to the semiconductor industry. The company will also be a leading global provider of performance products and services for improving pipeline operations and optimizing throughput.
Aug 14, 2018
Shearman & Sterling advised Anglo American on the completion of its sale to Mitsubishi Corporation of an additional 21.9% equity interest in Anglo American Quellaveco S.A. (AAQSA), which owns the Quellaveco copper project in Peru. Mitsubishi already held an 18.1% interest in AAQSA and, following the closing of the transaction, Mitsubishi's interest has increased to 40%, while Anglo American retains a 60% interest.
Aug 14, 2018
Confirming its status as one of New York City’s most iconic and sought-after office towers, Shearman & Sterling represented an affiliate of Solow Realty & Development Company on its lease with Apollo Management Holdings L.P. at 9 West 57th Street, often referred to as the most prestigious office tower in Manhattan. The transaction with Apollo, a long-standing occupant of the building, included a significant extension of the term and an expansion of Apollo’s footprint in the building. In keeping with the continuous commitment from the building’s ownership to ensure it maintains its well-deserved prestigious reputation, the owner has undertaken a modernization program in the building, including the elevators.
Aug 14, 2018
Shearman & Sterling advised a consortium of banks led by Bayerische Landesbank on the financing of the acquisition of ChainMaster Bühnentechnik GmbH by LIFTKET Hoffmann GmbH, a portfolio company of AFINUM as part of a succession regulation.
Aug 13, 2018
Shearman & Sterling advised HF Private Debt on the financing of the acquisition of KAMA GmbH, a medium-sized machine manufacturer, by funds advised by PREMIUM Equity Partners.
Sep 14, 2018
Partner Solomon Noh (London-Financial Restructuring and Insolvency) will speak on the panel "Prepackaged Restructurings from a Comparative Law Perspective" at the 2018 International Association of Korean Lawyers Conference on September 14. The panel will cover the use of pre-packaged restructurings in several jurisdictions, including the U.S. and the U.K.
Oct 01 - 02, 2018
Partner Barnabas Reynolds (London-Financial Institutions Advisory & Financial Regulatory) will speak on the panel "Brexit - Outlook for Financial Services" and partner Thomas Donegan (London-Financial Institutions Advisory & Financial Regulatory) will speak on the panel "Legal Challenges Ahead of March 2019 and Beyond" at the AFME 2nd Annual European Compliance and Legal Conference on October 1-2, 2018.
Nov 05, 2018
Partner Barnabas Reynolds (London-Financial Institutions Advisory & Financial Regulatory) will speak on the panel "The Long-Term Plan for Enhanced Regulatory Equivalence – How Will It Work in Practice?" at the 3rd UK Financial Services BREXIT and Beyond Summit on November 5.
Other topics covered will include: The Government's strategy in terms of protecting the interests of the financial services industry; how the regulator is preparing for BREXIT; and achieving regulatory coherence in a post-BREXIT world. Keynote addresses will be given by John Glen MP, Economic Secretary to the Treasury and City Minister, and Nausicaa Delfas, Executive Director of International, and Member of the Executive Committee at the Financial Conduct Authority.