Deal watch: Corporate activity in March 2017

Deal watch: Corporate activity in March 2017

SLAUGHTERS TAKES LEAD ON PHARMA MEGA DEAL

Slaughter and May has acted opposite Cravath, Swaine & Moore as Johnson & Johnson made a $30bn offer to buy Swiss-based biopharma company Actelion Pharmaceuticals earlier this year. Slaughters advised along with Zürich-based Niederer Kraft & Frey and Wachtell, Lipton, Rosen & Katz for the takeover target, as Cravath advised Johnson.

 

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Paul Weiss, Linklaters and Freshfields alumni lock horns as Kraft Heinz drops $143bn deal for Unilever

Paul Weiss, Linklaters and Freshfields alumni lock horns as Kraft Heinz drops $143bn deal for Unilever

In what would have been the second largest M&A deal in history, Unilever has rejected a $143bn takeover approach from Kraft Heinz as Paul, Weiss, Rifkind, Wharton & Garrison and Linklaters take opposite sides. Continue reading “Paul Weiss, Linklaters and Freshfields alumni lock horns as Kraft Heinz drops $143bn deal for Unilever”

A&O and HSF take lead roles as 21st Century Fox tunes in on anticipated Sky takeover

Allen & Overy (A&O) and Herbert Smith Freehills (HSF) are lead advisers in 21st Century Fox’s takeover bid for Sky, as a ‘possible offer’ valuing the company at £18.5bn was agreed ‘in principle’ on Friday (9 December). Continue reading “A&O and HSF take lead roles as 21st Century Fox tunes in on anticipated Sky takeover”