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.

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.

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.

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.

We were once again included on The American Lawyer’s A-List, which recognizes the top 20 law firms in the United States. The A-List honors firms based on a combination of financial and cultural factors: revenue per lawyer, pro bono commitment, associate satisfaction and racial diversity, with revenue per lawyer and pro bono given double weight. For the second year in a row, the list includes a score for gender diversity—more specifically, the percentage of women equity partners.

Shearman & Sterling maintained its listing in Law360’s “Global 20,” an annual list of the 20 law firms with the broadest global reach and the proven ability to handle the most difficult cross-border matters. The firm has been ranked every year since the Global 20’s inception in 2011.

Shearman & Sterling represented Plaza S.A. (“Mallplaza”), one of the largest mall operators in the industry in Latin America, in connection with its initial public offering through the secondary sale of 240 million shares by Inversiones Avenida Borgoño, Rentas Tissa and Inversiones Amal (the “Selling Shareholders”).  The offering was one of the largest Chilean IPOs this year after Salmones Camanchaca’s IPO in February.

Our inclusion network BLAQUE (Black Lawyers Aligned in the Quest for Excellence) and Shearman Alumni hosted a Distinguished Alumni Perspectives program featuring Clarence Nesbitt on June 13 in New York. The event brought together nearly 100 current and former Shearman & Sterling colleagues for an enlightening presentation.

Shearman & Sterling advised Viacom Inc. on its agreement to acquire AwesomenessTV Holdings, LLC, a media company and leading digital-first destination for original programming serving global Gen-Z audiences. With a network of more than 158 million subscribers, the acquisition of Awesomeness will accelerate the growth of Viacom’s Digital Studios and strengthens its global reach across Gen-Z audiences.

Four Shearman & Sterling lawyers – partners Kris Ferranti (New York-Real Estate) and Nathan Tasso (Washington, DC-Tax); and counsel Gillian Emmett Moldowan (New York- Compensation, Governance & ERISA) and Lachlan Poustie (Paris-Project Development & Finance) – have been named “Rising Stars” by Law360. Kris has been recognized by Law360 as a Rising Star for the second consecutive year – a notable acknowledgment.