IBM to Acquire Red Hat in $34 Billion Deal

Monday, October 29, 2018

Paul, Weiss is advising International Business Machines Corp. in its all-cash acquisition of Red Hat Inc., creating the world’s largest hybrid cloud provider. Under the terms of the proposed deal, IBM will acquire Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion. The deal represents IBM’s largest-ever transaction.

The Paul, Weiss team is led by corporate partners Scott Barshay and Steven Williams and includes corporate partner John Kennedy and counsel Kyle Seifried and Frances Mi; employee benefits partner Lawrence Witdorchic and counsel Jarrett Hoffman; finance partners Manuel Frey and Gregory Ezring and counsel Caith Kushner; tax partners Jeffrey Samuels and Scott Sontag; and intellectual property partner Claudine Meredith-Goujon and counsel Jonathan Ashtor.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York

Morrison & Foerster Further Strengthens its Global Antitrust Law Practice with a New Partner

Monday, October 29, 2018

Morrison & Foerster, a leading global law firm, is pleased to announce that Vishal Mehta has joined the firm as a partner in its Global Antitrust Law Practice based in Washington, D.C. Mr. Mehta brings a broad range of antitrust experience to Morrison & Foerster, including M&A, investigations, litigation, compliance, counseling, and public affairs. He joins the firm from Baker Botts, where he maintained a full-service antitrust practice with a focus on mergers.

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Tags:  Morrison & Foerster LLP | Washington

Freshfields advises on US$1.25bn investment in Airtel Africa

Monday, October 29, 2018

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Airtel on a US$1.25bn investment in Airtel Africa by six leading global investors including Warburg Pincus, Softbank, Temasek and Singtel. The deal is one of Africa’s largest cross-border M&A transactions in 2018. Airtel is headquartered in India and is the world’s third-largest mobile network operator, and its subsidiary Airtel Africa is the second largest telecom operator in Africa, with operations in 14 countries and a customer base of 91 million.

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Tags:  Freshfields LLP | Singapore

Bird & Bird Continues to Boost Nordic Corporate Practice with the Appointment of Ola Lidström as Partner in Sweden

Friday, October 26, 2018

International law firm Bird & Bird today appoints highly experienced capital markets lawyer, Ola Lidström as a partner in its International Corporate Group, based in Sweden. Ola’s practice focuses on all aspects of capital markets transactions within the Nordic region and internationally, including initial public offerings, rights issues, underwritings, public take-overs and capital markets regulation. Ola’s practice also includes financial regulation, including private equity fund structures and the cross-border offerings of products and services of asset managers and other financial institutions. Ola is heavily involved in the Life Sciences & Healthcare sector, advising clients on Nordic and international listings, equity offerings and other capital raising transactions. More >>

Tags:  Bird & Bird LLP | Stockholm

Goldberg Segalla Expands New York Insurance Coverage and Workers’ Compensation Teams

Friday, October 26, 2018

Goldberg Segalla, one of the largest and fastest-growing law firms in the United States, recently added eight attorneys — including five partners — to its Global Insurance Services and Workers’ Compensation Practice Groups in three of the firm’s offices serving Metro New York. This substantial growth reflects the firm’s continued commitment to adding only lawyers handpicked to meet its clients’ diverse legal needs in each market and beyond. More >>

Tags:  Goldberg Segalla LLP | New York | Philadelphia