Cravath’s New York Office Moves to Two Manhattan West
May 08, 2023
On May 5, 2023, Cravath partner Mark I. Greene was appointed Co‑Chair of the Board of Advisors of the Institute for Law and Economics (“ILE”) at the University of Pennsylvania. A joint initiative of the University of Pennsylvania Carey Law School, the Wharton School and the Department of Economics, ILE is a leading center for corporate law, governance, business and finance, and brings together academics, lawyers, business leaders, judges, policymakers and regulators to advance cross‑disciplinary research and discuss timely issues.
Deals & Cases
November 07, 2022
On November 7, 2022, Viatris Inc. (“Viatris”), a global healthcare company, announced it intends to create an ophthalmology franchise by acquiring Oyster Point Pharma (“Oyster Point”) and Famy Life Sciences.
Deals & Cases
September 06, 2022
On September 6, 2022, Texas Capital Bancshares, Inc. (“Texas Capital”) announced it has entered into a definitive agreement to sell BankDirect Capital Finance, LLC (“BankDirect”), its insurance premium finance subsidiary, to AFCO Credit Corporation (“AFCO”), an indirect wholly‑owned subsidiary of Truist Financial Corp. (“Truist”), in an all‑cash transaction for a purchase price of approximately $3.4 billion. This transaction represents the divestiture of the entire business unit including the equity interests of BankDirect and the associated loan balances held by Texas Capital Bank and no parent funding, deposits or capital will be transferred. Cravath is representing Texas Capital in connection with the transaction.
Deals & Cases
August 02, 2022
On August 2, 2022, Cowen Inc. (“Cowen”) and TD Bank Group (“TD”) announced a definitive agreement for TD to acquire Cowen in an all-cash transaction with an enterprise value of $1.9 billion. Cravath is representing Cowen 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.
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