Shearman & Sterling advised software company Citrix Systems (NASDAQ: CTXS) in its definitive agreement to acquire Wrike, Inc., a portfolio company of private equity firm Vista Equity Partners, for $2.25 billion in cash.
Business publication Crain’s selected partners Paula Howell Anderson and Cynthia Urda Kassis to its 2021 Notable Women in Law list.
Shearman & Sterling is advising ViacomCBS (NASDAQ: VIAC, VIACA) on its definitive agreement to sell its publishing business Simon & Schuster to Penguin Random House, a wholly owned subsidiary of Bertelsmann SE.
Shearman & Sterling is representing Boston Scientific in connection with the pending sale of BTG Specialty Pharmaceuticals to SERB SAS and Stark International Lux S.A.R.L., portfolio companies of private equity firm Charterhouse Capital Partners, for a cash purchase price of $800 million.
Shearman & Sterling represented Canada’s TELUS International in connection with its agreement to acquire Lionbridge AI, a global provider of crowd-based data annotation services, in a deal valued at approximately $935 million.
Shearman & Sterling advised Chevron U.S.A. Inc. on its agreement to divest all of its upstream and midstream assets in the Appalachian basin to EQT Corporation for $735 million, subject to customary adjustments at closing.
Shearman & Sterling represented Orion Mine Finance (Orion), in its acquisition of Occidental Petroleum Corporation’s (Oxy) Wyoming, Colorado, and Utah Land Grant assets in exchange for a purchase price of approximately $1.33 billion. The deal closed on October 19.
Partners Todd Stenerson (Washington, DC-Litigation) and David Higbee (Washington, DC-Antitrust), and Associate Rachel Mossman (Washington, DC-Litigation) have authored the USA Chapter for the International Comparative Legal Guides – Competition Litigation 2021.
Shearman & Sterling represented firm Magris Resources Canada Inc. in connection with its definitive agreement to acquire substantially all of the assets of Imerys Talc America Inc., Imerys Talc Vermont Inc. and Imerys Talc Canada Inc. (collectively, the “North American Talc Business”) for $223 million.
Mergers and acquisitions-focused publication The Deal honored Shearman & Sterling with several of its prominent Deal of the Year awards.
Shearman & Sterling is representing ViacomCBS in the sale of CNET Media Group to Red Ventures, a portfolio of more than 100 digital brands, for $500 million.
Partner Elvira Aliende Rodriguez and associates Sujin Chan-Allen (both Brussels-Antitrust) and Ruba Noorali (London-Antitrust) have authored the chapter “European Union: Cartels and Leniencey” in the GCR EMEA Antitrust Review 2021 published by Global Competition Review on July 8, 2020. The team wishes to thank Caroline Préel for her contribution.
Shearman & Sterling advised Orion Mine Finance on its agreement to acquire Occidental Petroleum Corporation’s (Oxy) Wyoming, Colorado and Utah Land Grant assets for about $1.33 billion.
Shearman & Sterling has once again been recognized as one of the “Top 15 Foreign Law Firms” for India-related work in 2020 by India Business Law Journal (IBLJ). This is the 12th consecutive year that IBLJ has included the firm in its top ranking and is a strong endorsement of our market leading India practice.
Five Shearman & Sterling partners were selected by Benchmark Litigation for its “40 & Under Hot List.”
Shearman & Sterling acted as legal counsel to Altice USA in its agreement to sell 49.99 percent of its LightPath fiber enterprise business to Morgan Stanley Infrastructure Partners for an implied enterprise value of $3.2 billion.
Shearman & Sterling advised ALD Automotive, one of the leading global provider of mobility solution, in connection with the creation of a joint venture with Ford dedicated to provide new integrated fleet leasing and management solutions across Europe under the name of Ford Fleet Management.
Shearman & Sterling’s Global Antitrust Practice Group Leaders David Higbee and Matthew Readings and partners Jessica Delbaum and Ben Gris feature in Who’s Who Legal’s Competition list. Partners Elvira Aliende Rodriguez and James Webber are listed in the Competition – Future Leaders 2020 list.
Asia Regional Managing Partner and Head of Tokyo Office Masahisa Ikeda (Tokyo-Capital Markets) has been named in Asia Business Law Journal’s A-List of Top 100 Lawyers in Japan.
Shearman & Sterling acted as legal advisor to JetBlue Airways Corp. in connection with its entry into a strategic partnership with American Airlines Group. The partnership will create seamless connectivity for travelers in the Northeast U.S. It will also accelerate each airline’s recovery as the travel industry adapts to new trends as a result of the coronavirus pandemic.
Shearman & Sterling is advising Celanese on its definitive agreement to sell its 45 percent equity interest in the Polyplastics joint venture to Daicel Corporation for $1.575 billion.