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.
Drawing on our vast deal and case experience, Shearman & Sterling has developed this Resources page, which provides a wide array of substantive and practical information on our antitrust and competition practice. Please review some of the informative materials we regularly publish as a value-added service to our clients, as well as information on upcoming events and details of recent activities and newsworthy items.
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.
Partners Elvira Aliende Rodriguez (Brussels-Antitrust) and James Webber (London-Antitrust) will speak at the GCR Interactive Brussels Conference: The Bigger Picture, organized by Global Competition Review on September 21 - 22.
Partner Elvira Aliende Rodriguez (Brussels-Antitrust) will speak at Global Competition Review’s GCR Interactive: Asia-Pacific on September 3-4, 2020.
Global Antitrust Practice Group Leader Matthew Readings (London-Antitrust) will speak at Transaction Advisors’ (virtual) M&A Conference at the University of Chicago on September 2-3, 2020.
COVID-19 has acted as an accelerator, bringing into play scenarios which were previously only contingencies and making contingencies of (and requiring planning for) situations which were previously barely imaginable. The debt build-up from the corporate sector, in many cases kept going through governmental life-support, means that non-performing loans are likely to explode. Numerous companies are at levels of debt that mean they cannot realistically take on much more. Preferred equity investments are possible but provide less protection for the banks.
On 1 July 2020, the U.K. Competition and Markets Authority (CMA) published a statement outlining a series of regulatory initiatives aimed at Google and Facebook, focussed on digital advertising. This follows the release of the CMA’s report on digital advertising and online platforms the same day.
Shearman & Sterling’s bi-annual Trends & Patterns in FCPA Enforcement report provides insightful analysis of recent enforcement trends and patterns in the U.S., the U.K. and elsewhere, as well as helpful guidance on emerging best practices in FCPA and global anti-corruption compliance programs.