Shearman & Sterling

Fortress Management and Mubadala Complete Acquisition of Fortress Investment Group

Retrieved on: 
水曜日, 5月 15, 2024
Asset Management, Professional Services, Finance, Neumark, Slate, Partnership, SoftBank Group, Kirkland & Ellis, Skin, Goldman Sachs, Shearman, Fortress Investment Group, Fortification, Capital, Acquisition, LLP, Mubadala Investment Company, Shearman & Sterling, Security (finance)

Fortress Investment Group (“Fortress”) and Mubadala Investment Company (“Mubadala”), through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have completed the previously announced acquisition of the 90.01% of the equity of Fortress that was held by SoftBank Group Corp. (“SoftBank”).

Key Points: 
  • Fortress Investment Group (“Fortress”) and Mubadala Investment Company (“Mubadala”), through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have completed the previously announced acquisition of the 90.01% of the equity of Fortress that was held by SoftBank Group Corp. (“SoftBank”).
  • With the close of the transaction, Fortress management now owns a 32% equity interest in the company in a class of equity entitling Fortress management to appoint a majority of seats on the board.
  • Mubadala Capital’s CEO and Managing Director, Hani Barhoush, who has served on Fortress’ board since 2019, continues to serve on the board.
  • As previously announced, Fortress continues to operate as an independent investment manager under the Fortress brand, with full autonomy over investment processes and decision making, personnel and operations.

Brent Capron Joins Corgan as NY Interiors Studio Design Director

Retrieved on: 
水曜日, 5月 8, 2024
Interior Design, Architecture, Other Construction & Property, Construction & Property, Urban Planning, Building Systems, Education, Qantas, Shearman & Sterling, MetLife, Intercontinental Exchange, Los Angeles International Airport, Interior, City, Shearman, Viacom, Research, Transport, Carnegie Mellon University, JFK, Citigroup, ASID, American Institute, LEED, State Street Corporation, Principal, Health, Capital One, Warner Music Group, Multimedia, AIA

Global architecture and design firm Corgan is pleased to announce that Brent Capron has joined the firm as Interiors Studio Design Director and Associate Principal for its New York office.

Key Points: 
  • Global architecture and design firm Corgan is pleased to announce that Brent Capron has joined the firm as Interiors Studio Design Director and Associate Principal for its New York office.
  • With more than 25 years of experience in the design industry, Capron will lead the creative endeavors of Corgan’s corporate interiors practice in New York, while nurturing and expanding client relationships.
  • View the full release here: https://www.businesswire.com/news/home/20240508825799/en/
    Brent Capron has joined global architecture and design firm Corgan as Interiors Studio Design Director and Associate Principal for its New York office.
  • Corgan ranks #6 in Interior Design’s giants of design for 2024 and its sectors rank #2 in transportation, #3 for education, #7 for sustainability, #7 for office design, and #18 for healthcare.

Shearman & Sterling Adds Real Estate Partner Carolyn Stoner in New York

Retrieved on: 
月曜日, 4月 22, 2024
Real estate, Government, Shearman & Sterling, Shearman, Acquisition, Transport, Growth, Allen & Overy, Partnership, Financial services

New York, April 22, 2024 (GLOBE NEWSWIRE) -- Shearman & Sterling today announces it is bolstering its Real Estate practice in New York as Carolyn Stoner joins as a partner ahead of merger with Allen & Overy, to become A&O Shearman.

Key Points: 
  • New York, April 22, 2024 (GLOBE NEWSWIRE) -- Shearman & Sterling today announces it is bolstering its Real Estate practice in New York as Carolyn Stoner joins as a partner ahead of merger with Allen & Overy, to become A&O Shearman.
  • Carolyn advises clients in a range of complex real estate matters across all asset classes, including hospitality, digital infrastructure, commercial office buildings, major transportation and cultural centers, and multi-asset portfolios.
  • “Carolyn’s experience and broad skillset makes her a strong addition to both our real estate practice and the firm overall,” said Adam Hakki, Senior Partner at Shearman & Sterling.
  • “Carolyn’s expertise across a range of real estate transactions will strengthen our ability to provide clients across the firm with meaningful advice on their most complex real estate matters.

Genmab to Broaden and Strengthen Oncology Portfolio with Acquisition of ProfoundBio

Retrieved on: 
水曜日, 4月 3, 2024
Ovarian cancer, BofA Securities, PIN, U.S. FDA, Shearman, Webcast, Patient, Fast Track, Goldman Sachs, Morgan Stanley, LLP, Acquisition, Cancer, Spacecraft, Cooley LLP, DKK, Shearman & Sterling, ADC, USD, Law, Food, Pharmaceutical industry

Genmab will acquire ProfoundBio for USD 1.8 billion in cash, payable at closing (subject to adjustment for ProfoundBio’s closing net debt and transaction expenses).

Key Points: 
  • Genmab will acquire ProfoundBio for USD 1.8 billion in cash, payable at closing (subject to adjustment for ProfoundBio’s closing net debt and transaction expenses).
  • The transaction will further broaden Genmab’s mid- to late-stage clinical pipeline and strengthen and complement Genmab’s already validated suite of proprietary technology platforms.
  • The addition of Rina-S to Genmab’s portfolio will enable Genmab to deepen its presence in the gynecologic oncology space and establish a firm foundation in solid tumors.
  • Based on the data from the ongoing Phase 1/2 clinical trial Genmab intends to broaden the development plans for Rina-S within ovarian cancer and other FRα-expressing solid tumors.

Genmab to Broaden and Strengthen Oncology Portfolio with Acquisition of ProfoundBio

Retrieved on: 
水曜日, 4月 3, 2024
Biotechnology, General Health, Health, Pharmaceutical, Oncology, Ovarian cancer, BofA Securities, PIN, U.S. FDA, Shearman, Webcast, Patient, Fast Track, Goldman Sachs, Morgan Stanley, LLP, Acquisition, Cancer, Spacecraft, Cooley LLP, DKK, Shearman & Sterling, ADC, USD, Law, Food, Pharmaceutical industry

Genmab A/S (Nasdaq: GMAB) and ProfoundBio, Inc. announced today that the companies have entered into a definitive agreement for Genmab to acquire ProfoundBio in an all-cash transaction.

Key Points: 
  • Genmab A/S (Nasdaq: GMAB) and ProfoundBio, Inc. announced today that the companies have entered into a definitive agreement for Genmab to acquire ProfoundBio in an all-cash transaction.
  • Genmab will acquire ProfoundBio for USD 1.8 billion in cash, payable at closing (subject to adjustment for ProfoundBio’s closing net debt and transaction expenses).
  • The transaction will further broaden Genmab’s mid- to late-stage clinical pipeline and strengthen and complement Genmab’s already validated suite of proprietary technology platforms.
  • The addition of Rina-S to Genmab’s portfolio will enable Genmab to deepen its presence in the gynecologic oncology space and establish a firm foundation in solid tumors.

3E Acquires Workplace Safety Provider, Quick-FDS

Retrieved on: 
水曜日, 4月 3, 2024
Pharmaceutical, Health, Media, Communications, Chemicals, Plastics, Supply Chain Management, Manufacturing, Retail, 3E, Proskauer Rose, Safety, Safety data sheet, SDS, Growth, LLP, Acquisition, REACH, Shearman & Sterling, Chemical industry, EHS, Medical device

3E, the leading global provider of intelligent compliance solutions for chemical and workplace safety, product stewardship, and sustainable supply chains, has completed its previously announced acquisition of Quick-FDS, the leading provider of workplace safety solutions in France.

Key Points: 
  • 3E, the leading global provider of intelligent compliance solutions for chemical and workplace safety, product stewardship, and sustainable supply chains, has completed its previously announced acquisition of Quick-FDS, the leading provider of workplace safety solutions in France.
  • Quick-FDS partners with both global manufacturers and downstream users of chemical products, providing mission-critical solutions that enable improved regulatory compliance and workplace safety.
  • “We are thrilled to welcome Quick-FDS’ team, clients and partners into the broader 3E organization.
  • REACH regulations in the EU require all suppliers of chemicals to provide a unique Safety Data Sheet for each chemical substance to their customers.

WHY Brands Inc. Expands Leadership Team with Two Key Executive Hires

Retrieved on: 
水曜日, 3月 20, 2024
Family, Lifestyle, Retail, Consumer, Baby, Maternity, Specialty, Mother, Growth, New product development, Strategic management, Munchkin, Shearman, Caregiver, General counsel, AI, Xero, Engineering, Massage, Shearman & Sterling, Pushpay, Corporation, Industrial design

Both executives will report to Steven B. Dunn, Founder and Chief Executive Officer of WHY.

Key Points: 
  • Both executives will report to Steven B. Dunn, Founder and Chief Executive Officer of WHY.
  • “We are excited to expand our leadership bench with the strategic appointments of Joseph and Jaime,” said Mr. Dunn.
  • “As WHY moves into more tech-focused, high value products and household goods, we are embarking on a new chapter of growth.
  • Prior to joining WHY, Mr. Berkowitz was General Counsel & Head of Corporate Strategy at Pushpay, a leading fintech company.

A&O Shearman Announces First Senior Leadership Roles

Retrieved on: 
金曜日, 3月 1, 2024
Blockchain, Shearman & Sterling, Chambers and Partners, The American Lawyer, ECM, Law360, Holding, MVP, Allen & Overy, Law society, LLP, Lawyer, State, Environment, Global Governance, Partnership, Management

London and New York, March 01, 2024 (GLOBE NEWSWIRE) -- Allen & Overy (A&O) and Shearman & Sterling (Shearman) today announced the first of several senior leadership roles for the combined firm A&O Shearman, taking effect on May 1, 2024.

Key Points: 
  • London and New York, March 01, 2024 (GLOBE NEWSWIRE) -- Allen & Overy (A&O) and Shearman & Sterling (Shearman) today announced the first of several senior leadership roles for the combined firm A&O Shearman, taking effect on May 1, 2024.
  • Khalid Garousha has been elected as senior partner and Hervé Ekué has been elected as managing partner of A&O Shearman.
  • Adam Hakki, current senior partner at Shearman, has been appointed co-chair of the global A&O Shearman board and executive committee, and will also lead the firm’s U.S. business as its chair.
  • Khalid Garousha, senior partner, said: “I am honored that the partnership has put its trust in me to lead A&O Shearman as its first senior partner.

Sonita Bennitt Joins Seward & Kissel’s Tax Group

Retrieved on: 
水曜日, 2月 28, 2024
Legal, Construction & Property, Finance, Consulting, Banking, Accounting, Professional Services, REIT, Kirkland & Ellis, Simpson Thacher & Bartlett, Goldberg, Lawsuit, University School, Seward & Kissel, University, Martha Plimpton, Government, Private, Kelley Drye & Warren, Shearman & Sterling, DeBevoise, Shearman, King & Spalding, Russell Johnston

Seward & Kissel LLP announced today that Sonita M. Bennitt , former counsel with Goodwin Procter LLP, has joined the firm’s New York office as a partner in the Tax Group .

Key Points: 
  • Seward & Kissel LLP announced today that Sonita M. Bennitt , former counsel with Goodwin Procter LLP, has joined the firm’s New York office as a partner in the Tax Group .
  • She also advised clients on tax aspects of real estate joint ventures and real estate investment trusts.
  • “Sonita’s wealth of experience makes her a valuable addition to our firm and the Tax Group,” said Jim Cofer , managing partner of Seward & Kissel and a partner in the firm’s Tax Group.
  • “Her deep background in private fund formation and structuring makes her an ideal fit with our Tax Group and the broader work of the firm.”
    Prior to Goodwin Procter, Bennitt practiced as a tax associate at Debevoise & Plimpton LLP.

Lotus Tech and L Catterton Asia Acquisition Corp Announce Closing of Business Combination

Retrieved on: 
火曜日, 2月 20, 2024
Slate, Acquisition, ADS, Bev, L Catterton, Kirkland & Ellis, BEV, Deutsche Bank, Shearman & Sterling, LVMH, Tech, LCAA, Growth, American depositary receipt, Han Kun Law Offices, EPA, LLP, PIPE, Lotus, DNA, Partnership, Cryptocurrency

NEW YORK and SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ: LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm, announced today that their previously proposed business combination is expected to be completed on February 22, 2024. The combined company will retain Lotus Tech's name as "Lotus Technology Inc." and its American Depositary Shares (ADS) will commence trading on the Nasdaq under the ticker symbol "LOT" on February 23, 2024. The business combination was approved by LCAA shareholders at an extraordinary general meeting held on February 2, 2024.

Key Points: 
  • The business combination was approved by LCAA shareholders at an extraordinary general meeting held on February 2, 2024.
  • "We are thrilled to announce our upcoming debut on the Nasdaq as we complete our business combination with LCAA," said Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech.
  • We look forward to accelerating our growth as a listed company, leading the electric transformation of the global luxury BEV market together with L Catterton."
  • Lotus Tech will ring the Nasdaq opening bell in New York City on February 23, 2024 to commemorate the Company's public listing.