Leading Global M&A Practice

S&C's Mergers & Acquisitions Group brings a rare combination of creativity and commercial sensitivity to every representation. The world's most influential companies repeatedly turn to us for their most significant matters, drawn to our dedication to client service, attention to detail and commercial pragmatism.
 
By understanding our clients' strategic objectives, we help businesses around the world navigate the legal and commercial complexities of domestic and global cross-border M&A. We can execute any type of transaction, in any industry, economic climate or geographic region and take great pride in partnering with our clients as they pursue their objectives.
 
Teamwork is a hallmark of S&C. Our multidisciplinary teams draw on our leading expertise in a range of key areas that are often integral to the execution of complex transactions, including corporate governance, antitrust, finance, tax, intellectual property, executive compensation and litigation. This close collaboration with clients and colleagues gives our M&A team the versatility to best serve the needs of our clients.S&C's Rankings
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“There are plenty of good deal lawyers in the world who, when confronted with challenging facts, will tell a client that it is impossible to complete a transaction. The mark of an excellent lawyer is to be innovative and find a way that it will work.”

—  Frank Aquila
S&C's Global Head of M&A
Financial Times, December 10, 2019

SELECTED REPRESENTATIONS

Selected M&A experience includes representing:
 
  • ACE Limited (Switzerland) in its $29.5 billion acquisition of The Chubb Corporation (U.S.)
     
  • Advance (U.S.) in connection with Discovery Communications’ (U.S.) $14.6 billion acquisition of Scripps Interactive (U.S.)
     
  • Alcatel-Lucent (France) in its $16.6 billion acquisition by Nokia (Finland)
     
  • Alibaba Group (China) in its $2 billion investment in Lazada Group (Singapore)
     
  • Amazon.com (U.S.) in its $13.7 billion acquisition of Whole Foods Market (U.S.)
     
  • Amgen (U.S.) in its approximately $1.9 billion acquisition of Five Prime Therapeutics (U.S.), $13.4 billion acquisition of worldwide rights to Otezla® from Celgene Corporation (U.S.) in connection with Celgene’s merger with Bristol-Myers Squibb (U.S.) and $10.5 billion acquisition of Onyx Pharmaceuticals (U.S.)
     
  • Andeavor (U.S.) in its $35.6 billion acquisition by Marathon Petroleum (U.S.) and $6.4 billion acquisition of Western Refining (U.S.)
     
  • Anheuser-Busch InBev (Belgium) in its strategic relationship with a consortium of investors led by Apollo Global Management (U.S.), which acquired a $3 billion minority stake in AB InBev’s U.S.-based metal container plants, $123 billion merger with SABMiller (U.K.) and $20.1 billion acquisition of the remaining stake it didn’t already own in Grupo Modelo (Mexico)
     
  • AT&T (U.S.) in its spin-off of WarnerMedia (U.S.) into Discovery (U.S.), under which WarnerMedia will combine with Discovery to create a premier, standalone global entertainment company; definitive agreement with TPG Capital (U.S.) to establish a new company named DIRECTV that will own and operate AT&T’s U.S. video business unit with an enterprise value of $16.25 billion; $108.7 billion acquisition of Time Warner Inc. (U.S.); and $67 billion acquisition of DIRECTV (U.S.)
     
  • Banco Bilbao Vizcaya Argentaria (Spain) in its $11.5 billion sale of BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA, to The PNC Financial Services Group (U.S.)
     
  • Bayer (Germany) in its $6.9 billion sale of its Animal Health business to Elanco Animal Health (U.S.), $66 billion acquisition of Monsanto (U.S.), $9 billion sale of selected crop science assets to BASF (Germany) and $14.2 billion acquisition of Merck’s (U.S.) consumer care business
     
  • BBA Aviation (U.K.) in its $2.1 billion acquisition of Landmark Aviation (U.S.)
     
  • Canadian Pacific Railway in its attempt to acquire Kansas City Southern (U.S.) (2021)
     
  • Columbia Pipeline Group (U.S.) in its $13 billion acquisition by TransCanada
     
  • Concho Resources (U.S.) in its $13.7 billion acquisition by ConocoPhillips (U.S.) and $9.5 billion acquisition of RSP Permian (U.S.)
     
  • CVS (U.S.) in its $12.8 billion acquisition of Omnicare (U.S.)
     
  • Delta Air Lines (U.S.) in its strategic partnership with LATAM Airlines Group (Chile) and Delta’s $1.9 billion investment for a 20% stake in LATAM
     
  • Deutsche Wohnen SE (Germany) in its attempted €18 billion business combination with Vonovia SE (Germany)
     
  • Diageo (U.K.), in multiple transactions including its:
    • $610 million acquisition of Aviation American Gin (U.S.) through the acquisition of Aviation Gin (U.S.) and Davos Brands (U.S.). Aviation American Gin co-owner Ryan Reynolds retains an ongoing ownership interest in the brand.
    • $1 billion acquisition of Casamigos (U.S.) from founders George Clooney, Rande Gerber and Mike Meldman
    • $550 million sale of nineteen brands to Sazerac (U.S.)
       
  • Diebold (U.S.) in its $1.8 billion merger with Wincor Nixdorf (Germany)
     
  • DISH Network Corporation (U.S.) as lead counsel in DISH’s agreement with T-Mobile (U.S.), Sprint (U.S.) and the U.S. Department of Justice under which DISH acquired Sprint’s prepaid wireless business and entered the U.S. wireless market as the fourth nationwide facilities-based provider
     
  • DraftKings (U.S.) in its business combination with Diamond Eagle Acquisition Corp. (U.S.) and SBTech (Isle of Man) and listing on NASDAQ
     
  • Drillisch (Germany) in its $10 billion business combination with United Internet (Germany)
     
  • Enbridge (Canada) in its $43 billion acquisition of Spectra Energy (U.S.)
     
  • Fiserv (U.S.) in its $22 billion acquisition of First Data Corporation (U.S.)
  • Forest City Realty Trust (U.S.) in its $11.4 billion acquisition by Brookfield Asset Management (Canada)
     
  • GGP (U.S.) in its $28 billion acquisition by Brookfield Property Partners (Bermuda)
     
  • Harris Corporation (U.S.) in its $35 billion merger of equals with L3 Technologies (U.S.) to form L3Harris Technologies (U.S.)
     
  • Impax Laboratories (U.S.) in its $5.5 billion merger with Amneal Pharmaceuticals (U.S.)
     
  • Intel (U.S.) in connection with Apple’s (U.S.) $1 billion acquisition of the majority of Intel’s smartphone modem business
     
  • Kite Pharma (U.S.) in its $11.9 billion acquisition by Gilead Sciences (U.S.)
     
  • Kraft Foods Group (U.S.) in its $55 billion merger with H.J. Heinz Company (U.S.) to form The Kraft Heinz Company
     
  • Major League Baseball (U.S.) and MLB Advanced Media (U.S.) (MLBAM) in connection with the sale of a majority ownership interest in MLBAM’s subsidiary, BAMTech (U.S.), to The Walt Disney Company (U.S.) for $1.58 billion
     
  • Merck KGaA (Germany) in its $6.4 billion acquisition of Versum Materials (U.S.)
     
  • Navistar International (U.S.) in its $3.7 billion acquisition by TRATON (Germany)
     
  • Novartis (Switzerland) in its $9.7 billion acquisition of The Medicines Company (U.S.)

  • Panera Bread (U.S.) in its $7.5 billion acquisition by JAB (Luxembourg)
     
  • Pepco Holdings (U.S.) in its $6.6 billion acquisition by Exelon (U.S.)
     
  • Praxair (U.S.) in its $80 billion merger of equals with Linde (Germany)
     
  • RR Donnelley & Sons (U.S.) in the spin-off of its financial print and PRS businesses to create three independent, publicly traded companies
     
  • Sotheby’s (U.S.) in its $3.7 billion acquisition by BidFair USA, an entity wholly owned by media and telecom entrepreneur as well as art collector, Patrick Drahi
     
  • Standard Industries Holdings (U.S.) in its $7 billion pending acquisition of W. R. Grace & Co. (U.S.) 
     
  • State Grid (China) in its $13 billion acquisition of a 94.8% stake in CPFL Energia (Brazil)
     
  • Stellantis (Netherlands) (formerly Fiat Chrysler Automobiles) in its $60 billion 50/50 merger with Peugeot (France)
     
  • Stellantis (Netherlands) (formerly Fiat Chrysler Automobiles) and Magneti Marelli (Italy) in the $6.5 billion sale of the Magneti Marelli automotive components business to KKR (U.S.) portfolio company CK Holdings Co. (Hong Kong), a holding company of Calsonic Kansei Corporation (Japan)
     
  • Stemcentrx (U.S.) in its $9.8 billion acquisition by AbbVie (U.S.)
     
  • Suncor Energy (Canada) in its $4.6 billion acquisition of Canadian Oil Sands
     
  • SunTrust Banks (U.S.) in its $66 billion merger of equals with BB&T Corporation (U.S.)
     
  • Synageva (U.S.) in its $8.4 billion acquisition by Alexion Pharmaceuticals (U.S.)
     
  • Syneos Health (U.S.) in its $7.4 billion merger of equals with inVentiv Health (U.S.)
     
  • Syntel (U.S.) in its $3.57 billion acquisition by Atos (France)
  • Teva Pharmaceutical (Israel) in its $40.5 billion acquisition of Allergan Generics (Ireland)
     
  • Tiffany & Co. (U.S.) in its approximately $16 billion acquisition by LVMH Moët Hennessy Louis Vuitton (France)
     
  • Unisys (U.S.) in its $1.2 billion sale of its U.S. Federal business to Science Applications International Corporation (SAIC) (U.S.)
     
  • UnitedHealth Group (U.S.) in connection with Optum’s $13 billion pending acquisition of Change Healthcare and $4.3 billion acquisition of DaVita Medical Group (U.S.), its $2.8 billion acquisition of Empresas Banmédica (Chile) and the $12.8 billion combination of its free-standing pharmacy care services business OptumRx with Catamaran Corporation (U.S.)
     
  • Verifone Systems (U.S.) in its $3.4 billion acquisition by an investor group led by Francisco Partners (U.S.)
     
  • Vornado (U.S.) in the spin-off and $8.4 billion merger of its Washington, D.C. business with The JBG Companies (U.S.) to form JBG Smith Properties