Kirkland & Ellis represented AMCOL International Corporation, which announced it has signed a definitive merger agreement with Imerys S.A. pursuant to which AMCOL shareholders will receive USD $41 per share in cash for each share of AMCOL common stock that they own, without interest. The $41 per share consideration represents an approx. 19 percent premium to the volume weighted average closing price of the Company’s common stock over the last 30 trading days through February 11, 2014. The transaction is valued at approximately USD $1.6 billion, including AMCOL’s debt. The transaction was unanimously approved by the board of directors of both companies.
The Kirkland team included corporate partners Scott Falk and Richard Brand, and associates Alex Rose and Laura Brockelman, with executive compensation partner Scott Price and associate Alena Jirovska, tax partner Keith Villmow, and antitrust and competition partner Bilal Sayyed and associate Felicity Deane.
