June 16, 2022
On June 3, 2022, Cravath partner Margaret T. Segall participated in the American Bar Association Antitrust Law Section and Healthcare Law Section’s 2022 Antitrust in Healthcare Conference, which was held from June 2‑3, 2022 in Arlington, Virginia. Maggie spoke on a panel entitled “New Challenges to Vertical Healthcare Transactions,” which reviewed the potential impact of the Federal Trade Commission and the Department of Justice’s recent enforcement actions. The panel anticipated revisions to the Vertical Merger Guidelines on healthcare merger enforcement and remedies, and shared methods for attorneys to consider in approaching vertical issues for their clients.
Deals & Cases
June 01, 2022
On June 1, 2022, Aramex PJSC (“Aramex”), a leading global provider of comprehensive logistics and transport solutions, announced it has entered into a binding agreement to fully acquire Access USA Shipping LLC (“MyUS”), a global technology‑driven platform that enables cross‑border e‑Commerce, for a cash purchase price of $265 million, subject to customary adjustments. Cravath is representing Aramex in connection with the transaction.
Deals & Cases
May 30, 2022
On May 30, 2022, Unilever, one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products, announced that it has signed an agreement to acquire a majority stake in Nutrafol, a leading provider of hair wellness products. Unilever currently holds a minority stake (13.2%) in Nutrafol through Unilever Ventures. Cravath is representing Unilever in connection with the transaction.
Deals & Cases
May 23, 2022
On May 11, 2022, AutoGrid, a leader in artificial intelligence‑driven optimization for distributed energy resources, announced that it has signed a definitive agreement to be acquired by Schneider Electric, a global specialist in energy management and automation. Cravath is representing Schneider Electric in connection with the transaction.
Deals & Cases
March 31, 2022
On March 31, 2022, Swvl Inc. (“Swvl”), a global provider of transformative tech-enabled mass transit solutions, announced the completion of its previously announced business combination with Queen’s Gambit Growth Capital, the first special purpose acquisition company founded and led entirely by women, following an extraordinary general meeting of Queen’s Gambit’s shareholders held on March 30, 2022. The combined company has changed its name to Swvl Holdings Corp. On April 1, 2022, Swvl Holdings Corp’s Class A ordinary shares and warrants are expected to commence trading on NASDAQ under the ticker symbols “SWVL” and “SWVLW”, respectively. Cravath is representing Swvl in connection with the transaction.
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