Cravath’s New York Office Moves to Two Manhattan West
On April 9, 2019, Deutsche Börse AG (“Deutsche Börse”) and Axioma, Inc. (“Axioma”) announced that Axioma has agreed to be acquired by Deutsche Börse for $850 million cash and debt free and will be combined with Deutsche Börse’s index businesses valued at €2.6 billion. As part of the transaction, Deutsche Börse has entered into a strategic partnership with General Atlantic, a leading global growth equity investor, which will invest around $715 million into the new company to finance the acquisition of Axioma. Cravath, alongside Hengeler Mueller, is representing Deutsche Börse in connection with the transaction.
The Cravath team is led by partners Aaron M. Gruber and Mark I. Greene and includes associates Lee M. Blum, Virginia M. Anderson and Patrick S. Taylor on M&A matters; partner Eric W. Hilfers and associate Jana I. Hymowitz on executive compensation and benefits matters; associate Richard Bohm on tax matters; partner David J. Kappos and associate Miling Y. Harrington on intellectual property matters; partner Matthew Morreale on environmental matters; senior attorney Jesse M. Weiss on antitrust matters; and senior attorney Joyce Law and practice area attorney Laurel R. Berkowitz on real estate matters.
Deals & Cases
September 05, 2024
On September 5, 2024, Verizon Communications Inc. and Frontier Communications Parent, Inc. (“Frontier”), the largest pure‑play fiber provider in the U.S., announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all‑cash transaction valued at $20 billion. Cravath is representing Frontier in connection with the transaction.
Deals & Cases
May 07, 2024
On May 7, 2024, Ashland Inc. (“Ashland”), a global additives and specialty ingredients company, announced that it has signed a definitive agreement to sell its nutraceuticals business to Turnspire Capital Partners LLC. Cravath is representing Ashland in connection with the transaction.
Deals & Cases
April 02, 2024
On April 2, 2024, Endeavor Group Holdings, Inc. (“Endeavor”), a global sports and entertainment company, announced that it has entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing, in partnership with the Endeavor management team and additional anchor investors. Cravath is representing the independent Special Committee of Endeavor’s board of directors in connection with the transaction.
Deals & Cases
January 31, 2024
On January 31, 2024, Health Care Service Corporation (“HCSC”), the country’s largest customer‑owned health insurer, announced that it has signed a definitive agreement with The Cigna Group (“Cigna”) to acquire its Medicare Advantage, Medicare Supplemental Benefits, Medicare Part D and CareAllies businesses for a purchase price of $3.3 billion. Cigna’s Medicare plans currently serve 3.6 million Medicare members. Cravath is representing HCSC in connection with the transaction.
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