Lawyers

Kristen B. Klein is a special counsel in Sullivan & Cromwell’s New York office and a member of the Firm’s General Practice Group. She has broad experience advising on a range of executive compensation matters, including in mergers and acquisitions and other corporate transactions, as well as general compensation, disclosure and compliance and governance matters. She has represented clients across the industry spectrum, including consumer and retail, financial services, healthcare, real estate, sports and entertainment, and technology.

SELECTED REPRESENTATIONS

Mergers and Acquisitions

• Alibaba investment in Lazada ($2 billion)
• AMC Networks going private acquisition of RLJ Entertainment
• Anika Therapeutics acquisitions of Arthrosurface and Parcus Medical
• AT&T sale of Vrio to Grupo Werthein, spin-off of DirecTV ($16 billion) and spin-off of WarnerMedia
• B. Riley Financial acquisitions of FocalPoint Securities ($175 million) and National Holdings
• Baxter International acquisition of Hillrom ($12.4 billion)
• Bayer sale of animal health business ($6.9 billion), acquisition of Monsanto ($66 billion) and sale of crop science assets to BASF ($9 billion)
• ​BP pending acquisition of TravelCenters of America ($1.3 billion)
• Byline Bancorp acquisition of Oak Park River Forest Bankshares ($42 million)
• Canada Pension Plan Investment Board acquisition of Parkway, Inc. ($1.2 billion)
• Diageo acquisition of Aviation American Gin through the acquisition of Aviation Gin and Davos Brands ($610 million)
• DS Smith acquisition of Interstate Resources ($920 million)
• Gildan Activewear acquisition of Phoenix Sanford ($168 million)
• Hyzon Motors business combination with Decarbonization Plus Acquisition Corporation ($2.1 billion)
• Joe Tsai acquisition of full ownership of Barclays Center and a 51% controlling interest in the Brooklyn Nets from Mikhail Prokhorov
• L3Harris Technologies in its acquisition of Viasat’s Tactical Data Links product line ($1.96 billion)
• Merck KGaA acquisition of Versum Materials ($6.4 billion)
• NorthStar Asset Management Group merger of equals with DigitalBridge Group and NorthStar Realty Finance ($6 billion)
• Northern Data sale of Whinstone to Riot Blockchain ($406 million)
• PacWest Bancorp acquisition of CU Bancorp ($705 million)
• ProSight Global acquisition by TowerBrook Capital Partners and Further Global Capital Management ($586 million)
• Recruit Holdings acquisition of Glassdoor ($1.2 billion)
• Rhône Capital acquisition of Zodiac Pool Holding from the Carlyle Group ($1.2 billion) and subsequent merger of Zodiac with Fluidra
• Rhône Capital and Baker & Baker Group (formerly CSM Bakery Solutions) sale of Brill Inc. to Rise Baking Company
• Ruckus Wireless acquisition by Brocade ($1.5 billion)
• Scottrade Financial Services acquisition by TD Ameritrade Holding Corporation and The Toronto-Dominion Bank ($4 billion)
• Syntel acquisition by Atos ($3.57 billion)
• Terumo Corporation acquisition of certain products from Abbott Laboratories and St. Jude Medical ($1.12 billion)
• Tiffany & Co. acquisition by LVMH Moët Hennessy Louis Vuitton ($16 billion)
• Tokio Marine Holdings acquisition of Privilege Underwriters ($3.1 billion)
• Unisys sale of its U.S. Federal business to Science Applications International Corporation ($1.2 billion)
• ​Wasserman strategic investment from Providence Equity Partners

Other Representations

• General Compensation: AMC Networks, Bank of N.T. Butterfield & Son, Baxter International, Jacobs Engineering Group, PacWest Bancorp, ProSight Global
• IPOs: Coronado Global Resources, Levi Strauss & Co.’s underwriters and ProSight Global