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Jeannette E. Bander

Partner

Jeannette E. Bander

Partner
New York +1-212-558-4000+1-212-558-4000 +1-212-558-3588+1-212-558-3588
[email protected]
Recognized as a “Rising Star” by Law360 and New York Super Lawyers, Jeannette Bander is a partner in Sullivan & Cromwell’s New York office and is a member of the Firm’s General Practice Group. Her practice focuses on a variety of executive compensation and corporate governance matters arising in private equity and public company mergers and acquisitions and other corporate transactions. She also advises a number of clients, including public and private companies and senior executives, with respect to governance, compliance and compensation matters. Ms. Bander serves on the board of Unity Preparatory Charter School of Brooklyn.

Selected Representations

Mergers & Acquisitions
  • Alibaba in its $2 billion investment in Lazada
  • Allianz and Allianz Global Investors in connection with Voya Investment Management’s acquisition of the substantial majority of the U.S. business of Allianz Global Investors
  • Amgen in its $10.5 billion acquisition of Onyx Pharmaceuticals
  • Ascribe Capital as an investor in Fuse Media in connection with the acquisition of a majority, controlling interest in Fuse by a management group headed by Fuse’s CEO
  • ASGN (formerly On Assignment) in its $350 million acquisition of GlideFast Consulting, acquisitions of Enterprise Resource Performance, Indrasoft and $525 million pending sale of Oxford Global Resources to H.I.G. Capital
  • AT&T in its $108.7 billion acquisition of Time Warner
  • BNP Paribas in its $16.3 billion pending sale of Bank of the West to BMO Financial Group​
  • Cablevision in its $18 billion sale to Altice
  • Citadel Securities in connection with Sequoia’s and Paradigm’s $1.15 billion minority investment in Citadel
  • CNH Industrial in connection with TCOM Holdings’ acquisition of Aerostar International from Raven Industries, and its $2.1 billion acquisition of Raven Industries 
  • ​​ConsenSys in its acquisition of Quorum® and $450 million Series D financing round, which brought its valuation to over $7 billion
  • DraftKings in its $1.6 billion acquisition of Golden Nugget Online Gaming and commercial agreement with Fertitta Entertainment, and acquisition of Vegas Sports Information Network
  • EssilorLuxottica and Grandvision in connection with Optic Retail International Group BENE’s acquisition of 142 EyeWish stores in the Netherlands and 35 GrandOptical stores in Belgium
  • GGP in its $28 billion acquisition by Brookfield Property Partners
  • HSBC Holdings in the sale of its U.S. credit card portfolios to First Bank & Trust and Fidem
  • Hyzon Motors in its business combination with SPAC Decarbonization Plus Acquisition Corporation, under which Hyzon became a publicly listed company with an implied $2.1 billion equity value
  • Juniper Networks in its acquisition of Apstra, $450 million acquisition of 128 Technology and $405 million acquisition of Mist Systems
  • Leonardo DRS in its pending merger with RADA Electronic Industries
  • Motivate, the operator of CitiBikes and the largest bikeshare operator in North America, in its acquisition by Lyft
  • MSG Networks in its spin-off of The Madison Square Garden Company, now known as Madison Square Garden Sports
  • ​Newtek Business Services in its pending acquisition of National Bank of New York City
  • NorthStar Realty Europe in its $860 million acquisition by AXA Investment Managers
  • Oasis Systems in its combination with ERC, a portfolio company of Brightstar Capital Partners 
  • Opus Bank in its $1 billion acquisition by Pacific Premier Bancorp
  • PowerA in its acquisition by ACCO Brands for total consideration of $395 million
  • Rhône Group in its $3.96 billion sale of its equity interest in Garda World Security (GardaWorld) to GardaWorld’s Founder, Chairman & CEO Stephan Crétier, funds advised by BC Partners and others
  • Saama Technologies in the strategic growth investment and acquisition of a majority stake in Saama by Carlyle and a co-investor group for up to $430 million
  • Stellantis (formerly Fiat Chrysler Automobiles) in its $60 billion 50/50 merger with Peugeot
  • Stellantis (formerly Fiat Chrysler Automobiles) and Magneti Marelli in the $6.5 billion sale of the Magneti Marelli automotive components business to KKR portfolio company CK Holdings Co., a holding company of Calsonic Kansei Corporation
  • Stemcentrx in its $9.8 billion sale to AbbVie
  • Symbotic in its $5.5 billion merger with SVF Investment Corp. 3, a SPAC sponsored by an affiliate of Softbank Investment Advisers
  • TheNotCompany in its joint venture with The Kraft Heinz Company
  • Verily Life Sciences, an Alphabet company, in its joint venture with Santen Pharmaceutical Co., $1 billion investment round, led by Silver Lake and including Ontario Teachers’ Pension Plan and other global investment management firms and $800 million investment by Temasek
  • Volkswagen Group and its subsidiary Electrify America, a leading network of electric vehicle fast chargers, in the $450 million investment by Siemens and VW to support the more-than-doubling of Electrify America’s charging infrastructure to 10,000 ultra-fast chargers at 1,800 charging stations by 2026
  • Vornado Realty Trust in its spinoff of Urban Edge Properties
  • Wells Fargo & Company in its $750 million sale of its Corporate Trust Services (CTS) business to Computershare

Governance & Restructuring
  • California Resources Corporation in its successful emergence from Chapter 11
  • Eastman Kodak Company in connection with its bankruptcy proceeding, including approval of contested incentive arrangements
  • A variety of private equity leveraged buyouts, governance and compensation matters
  • Executives, boards and companies in connection with senior executive appointments and transitions or other governance matters, including AMC Networks, Cablevision, Cheniere Energy, Columbia Banking System, Fiat Chrysler Automobiles, Madison Square Garden Sports and Wells Fargo
Publications
  • “Prevalence of Section 280G Gross Ups in Recent M&A Deals” in the February 2018 issue of The M&A Lawyer (co-author)