Davis Polk advised Deutsche Bank Securities Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as representatives of the underwriters in connection with the $2.3 billion secondary offering of 90,000,000 shares of common stock of Hilton Worldwide Holdings Inc. by certain selling stockholders affiliated with The Blackstone Group L.P. Hilton’s common stock is traded on the New York Stock Exchange under the symbol “HLT.”
Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 95 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company’s portfolio of 12 world-class global brands is comprised of more than 4,250 managed, franchised, owned and leased hotels and timeshare properties, with more than 700,000 rooms in 93 countries and territories.
The Davis Polk corporate team included partner Michael Kaplan and associates Marcel Fausten, Branden C. Berns, Alice Z. Chen and Jennifer Ying Lan. Partner Kathleen L. Ferrell and associate Brian Harris provided tax advice. Counsel Loyti Cheng and associate Amy E. Turner provided environmental advice. Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.
Source: www.davispolk.com