Sullivan & Cromwell’s London office advises on both English and U.S. law aspects of many notable and high-profile transactions. Recent noteworthy transactions, all of which were led from the London office, include representations of:
  • Abengoa, advising the coordinating committee of bank creditors, on the global restructuring of the company
  • Alcatel-Lucent, on its $16.6 billion acquisition by Nokia
  • Ambatovy, on its complex restructuring of the project’s debt
  • Anheuser-Busch InBev, on the financing of its £79 billion combination with SABMiller plc, which included a $46 billion SEC-registered public offering
  • Apollo Global Management, on the initial public offering and London premium listing of Brit, a U.K.-based reinsurer, and on the subsequent sale of Brit to Fairfax Financial
  • APR Energy, on its acquisition by a consortium led by Fairfax Financial and Albright Capital
  • Baku-Tbilisi-Ceyhan Pipeline Company, on the closing of a refinancing term loan facility of $1.630 billion
  • Barclays, on various new issuances and debt tender offers
  • Bayer, on its proposal to acquire Monsanto for $66 billion in cash
  • Canada Pension Plan Investment Board, on its investment in Entertainment One, Associated British Ports, a joint patent licensing program for Technicolor S.A. and Sony Corporation and increase in ownership of NEW Asurion
  • CNH Industrial, in relation to its revolving credit facility, EMTN programme and U.S. capital markets financings
  • Concordia Healthcare Corp., on its acquisition of Amdipharm from Cinven
  • EurotaxGlass Group, on refinancing negotiations as it exits restructuring and raises English-law governed mainstream financing with a number of debt funds
  • Ferrari, on the financing of its inaugural €500 million notes offering and the establishment of its revolving credit facility
  • Fiera Capital Corporation, in connection with its acquisition of Charlemagne Capital Limited
  • GE Capital, on the initial public offering of MONETA Money Bank
  • Goldman Sachs Merchant Banking Division, on its acquisitions of Northgate Information Solutions, Navico A/S and C-MAP from Altor 2003 Fund, Trackunit, DONG Energy, Hamlet Protein, a minority interest in LeasePlan N.V., the sale of shares in Hastings Group Holdings plc and the initial public offering and London premium listing of Hastings Insurance and the initial public offering of DONG Energy
  • Goldman Sachs, as financial adviser to Cirrus Logic on its acquisition of Wolfson Microelectronics, Comverse on its acquisition of Acision, Mitsui Sumitomo on its acquisition of Amlin and Nikon on its acquisition of Optos
  • The creditors of hibu, in connection with its refinancing and restructuring
  • The underwriters, in regular offerings of high-yield debt by Jaguar Land Rover
  • Kenmare Resources, on the successful restructuring of the financing of its Moma Titanium Project in Mozambique, in order to permit the expansion of the project
  • Kinross Gold, as sole sponsor, on the financing of the Tasiast gold mine in Mauritania
  • Oyu Tolgoi, as counsel to the sponsor, on the multi-source financing of this gold and copper mine in Mongolia
  • Philips Lighting, on credit facilities in connection with its initial public offering of shares and listing on Euronext Amsterdam
  • Rhône Capital, in connection with its affiliated investments funds’ acquisition of Zodiac Pool Solutions SAS, an investment in Garda World and an additional investment in CSM
  • Rio Tinto, as sponsor, in relation to the proposed expansion of the Oyu Tolgoi Project, a copper and gold mine in Mongolia
  • Stryker, on its acquisition of Stanmore Implants Worldwide Limited
  • The lenders to Tele Columbus, on the acquisition financings of PrimaCom and pepcom
  • The borrower/issuer of the Tengizchevroil Project in Kazakhstan, on the expansion of its upstream operations
  • Towergate senior secured creditors, in connection with Towergate’s restructuring, which involved a pre-pack administration and scheme of arrangement and led to a 60% reduction in Towergate’s net debt and a 103% recovery for S&C clients
  • Zim Integrated Shipping Services, on its debt restructuring, involving financings governed by English, New York, German and Israeli law

Please see the links below for further details of the London office’s U.K. tax, EU competition law and international private client practices.