Shearman & Sterling advised American Axle & Manufacturing (AAM) on the acquisition of the German business of MITEC Automotive AG (MITEC). The transaction is subject to the approval of the authorities and closing is expected at the beginning of December 2019.

Shearman & Sterling represented EnCap Flatrock Midstream Fund IV, L.P. (EFM) in connection with a $400 million equity commitment to Ironwood Midstream Energy Partners II, LLC (Ironwood II). We also represented EFM in connection with Ironwood II’s execution of a purchase and sale agreement with Twin Eagle Pipeline Company, LLC for the acquisition of 100 percent of the membership interests of Twin Eagle Gardendale Pipeline, LLC, an entity that owns a crude oil gathering, transportation and storage system in Dimmit, Frio, La Salle and Zavala Counties, Texas.

Shearman & Sterling is advising Canada Pension Plan Investment Board (CPPIB) in connection with the acquisition of Pattern Energy Group Inc. (NASDAQ and TSX: PEGI) in an all-cash transaction for $26.75 per share, implying an enterprise value of approximately $6.1 billion, including net debt. Concurrently with the entry into the agreement to acquire Pattern Energy, CPPIB signed an agreement with private equity firm Riverstone Holdings LLC to combine Pattern Energy with Pattern Energy Group Holdings 2 LP (an affiliate of Pattern Energy controlled by Riverstone), in order to create an integrated renewable energy company.

Earlier this month, Shearman & Sterling hosted its 2nd Annual Women General Counsel Forum in its New York office. This year’s theme, Conquering 2020, focused on various topics that female general counsel should pay attention to, in order to successfully lead their companies into the next decade.

Partner Elvira Aliende Rodriguez (Brussels-Antitrust) will speak at the 8th Annual International Arbitration, Regulatory & Competition Law Global Summit organized by Kluwer and Legal Plus in Seoul on October 25, 2019. She will speak on “Global Cartels — New Issues to Consider for 2020,” discussing the current and upcoming trends in cartel enforcement.

Shearman & Sterling is proud to host our 2nd Annual Women General Counsel Forum on October 3, 2019 in our New York office. This year’s theme is Conquering 2020. We will discuss what female general counsel need to know to lead their companies into the next decade. 

Partners Matthew Readings (London-Antitrust), Elvira Aliende Rodriguez and Geert Goeteyn (both Brussels-Antitrust); counsel Mathias Stöcker (Frankfurt-Antitrust); and associates Agostino Bignardi (Brussels-Antitrust) and Simon Thexton (London-Antitrust) authored various chapters of the International Comparative Legal Guide to: Cartels & Leniency 2020. As well as authoring various chapters, Matthew, Elvira and Geert were also contributing editors for the 2020 edition.

Partners David Higbee, Djordje Petkoski and associate Matt Modell (all Antitrust-Washington, D.C.) recently authored the chapter “United States: Cartels” in the Antitrust Review of the Americas 2020 published by Global Competition Review on September 24, 2019.

Partners Jessica Delbaum (New York-Antitrust), David Higbee (Washington, D.C.-Antitrust) and associate Stacy Ruegilin (Washington, D.C.-Antitrust) have authored the chapter “IP & Antitrust Know-How 2019” published by Global Competition Review on October 21, 2019.