Cleary Gottlieb Steen & Hamilton

AIG Appoints Patricia J. Walsh as Executive Vice President and General Counsel

Retrieved on: 
Thursday, September 28, 2023

American International Group, Inc. (NYSE: AIG) today announced that Patricia (Trish) Walsh will join AIG as Executive Vice President and General Counsel, effective December 1, 2023.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that Patricia (Trish) Walsh will join AIG as Executive Vice President and General Counsel, effective December 1, 2023.
  • Ms. Walsh will report to Peter Zaffino, AIG Chairman & Chief Executive Officer, and serve on AIG’s Executive Leadership Team.
  • Rose Marie Glazer will remain Interim General Counsel until Ms. Walsh officially starts at AIG.
  • Prior to Stripe, Ms. Walsh served as Executive Vice President & Chief Legal Officer of Voya Financial (NYSE: VOYA).

Baxter Signs Definitive Agreement to Divest its BioPharma Solutions Business to Advent International and Warburg Pincus for $4.25 Billion

Retrieved on: 
Monday, May 8, 2023

Baxter International Inc. (NYSE:BAX), a leading global medtech company, today announced that it has signed a definitive agreement to divest its BioPharma Solutions (“BPS”) business to Advent International (“Advent”), one of the largest and most experienced global private equity investors, and Warburg Pincus, a leading global growth investor.

Key Points: 
  • Baxter International Inc. (NYSE:BAX), a leading global medtech company, today announced that it has signed a definitive agreement to divest its BioPharma Solutions (“BPS”) business to Advent International (“Advent”), one of the largest and most experienced global private equity investors, and Warburg Pincus, a leading global growth investor.
  • Under the terms of the definitive agreement, Baxter will receive $4.25 billion in cash, subject to certain closing adjustments, with net after-tax proceeds currently estimated to be approximately $3.4 billion.
  • Baxter intends to utilize the after-tax proceeds to reduce its debt, consistent with the company’s stated capital allocation priorities.
  • Advent International and Warburg Pincus have extensive experience helping innovative healthcare companies advance their mission and strategic priorities.

Finch Therapeutics Announces Executive Leadership Transitions

Retrieved on: 
Tuesday, April 25, 2023

SOMERVILLE, Mass., April 25, 2023 (GLOBE NEWSWIRE) -- Finch Therapeutics Group, Inc. (“Finch”, “Finch Therapeutics” or the “Company”) (Nasdaq: FNCH), a microbiome technology company with a portfolio of intellectual property and microbiome assets, today announced the appointment of Matthew P. Blischak as Chief Executive Officer, effective May 16, 2023. In conjunction with the appointment of Mr. Blischak, Mark Smith, PhD, will conclude his role as Chief Executive Officer and as a member of the Company’s board of directors, effective May 15, 2023. Dr. Smith is expected to remain engaged with the Company as a scientific and strategic advisor. In addition, Finch announced the appointment of Lance Thibault as Chief Financial Officer, effective May 16, 2023. In conjunction with the appointment of Mr. Thibault, Marc Blaustein will conclude his role as Chief Operating Officer and as the Company’s principal financial officer, effective May 15, 2023. Mr. Blaustein is expected to remain engaged with the Company as a strategic advisor.

Key Points: 
  • In addition, Finch announced the appointment of Lance Thibault as Chief Financial Officer, effective May 16, 2023.
  • “It is my privilege to welcome Matt as our next Chief Executive Officer.
  • “I am thrilled with the opportunity to lead Finch through this next stage in the Company’s journey,” said Matthew Blischak, incoming Chief Executive Officer of Finch Therapeutics.
  • His leadership has been critical in positioning the Company for success in this next chapter of our journey.”

Milbank Adds Leading Antitrust Partners Rich Parker and Grant Bermann in DC

Retrieved on: 
Tuesday, April 11, 2023

WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.

Key Points: 
  • WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.
  • "Rich is a luminary in the antitrust bar, and Grant has emerged as a leader in the field.
  • The addition of Mr. Parker and Mr. Bermann closely follows the arrival of other leading lawyers to Milbank's Global Antitrust and Competition group.
  • Mr. Parker joins Milbank from Gibson, Dunn & Crutcher LLP, where he was a member of the Antitrust and Competition practice.

Milbank Adds Leading Antitrust Partners Rich Parker and Grant Bermann in DC

Retrieved on: 
Tuesday, April 11, 2023

WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.

Key Points: 
  • WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.
  • "Rich is a luminary in the antitrust bar, and Grant has emerged as a leader in the field.
  • The addition of Mr. Parker and Mr. Bermann closely follows the arrival of other leading lawyers to Milbank's Global Antitrust and Competition group.
  • Mr. Parker joins Milbank from Gibson, Dunn & Crutcher LLP, where he was a member of the Antitrust and Competition practice.

T-Mobile to Acquire and Turbocharge Mint Mobile and Ultra Mobile, Brands Will Continue Delivering Value on the Un-carrier’s 5G Network

Retrieved on: 
Wednesday, March 15, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230314006075/en/
    T-Mobile to Acquire and Turbocharge Mint Mobile and Ultra Mobile, Brands Will Continue Delivering Value on the Un-carrier’s 5G Network.
  • T-Mobile Will Tap Into Mint’s Best-in-Class Digital D2C Marketing Capabilities to Reach New Customers, Create More Competition in Wireless.
  • (Graphic: Business Wire)
    With this deal, the brands’ exclusive use of the Un-carrier’s largest, fastest and most reliable 5G network will continue.
  • The Mint and Ultra brands are complementary to the company’s current prepaid service offerings Metro by T-Mobile, T-Mobile branded prepaid and Connect by T-Mobile.

Vaxxinity Announces Board Appointments and Establishes New Headquarters in Florida

Retrieved on: 
Thursday, February 2, 2023

CAPE CANAVERAL, Fla., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Vaxxinity, Inc. (Nasdaq: VAXX), a U.S. company pioneering the development of a new class of immunotherapeutic vaccines, announced new appointments to the Board of Directors and the relocation of its corporate headquarters to Cape Canaveral, Fla.

Key Points: 
  • “Our new Board members bring expertise in healthcare, strategic transactions and human resources that will be invaluable for Vaxxinity going forward.
  • Additionally, we have established Frontier Exploration Laboratories (FEL) as our corporate headquarters alongside our state-of-the art research operations facility in Cape Canaveral.
  • These additions bring additional balance, diversity and relevant industry experience to the Board.
  • Vaxxinity is pleased to announce the relocation of its corporate headquarters to 505 Odyssey Way, Exploration Park, Florida.

WillScot Mobile Mini Completes Divestiture of UK Storage Business

Retrieved on: 
Wednesday, February 1, 2023

PHOENIX, Feb. 01, 2023 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced it has completed the previously announced divestiture of its UK Storage segment to Algeco UK Holdings Limited, a member of the Modulaire Group, effective January 31, 2023.

Key Points: 
  • PHOENIX, Feb. 01, 2023 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced it has completed the previously announced divestiture of its UK Storage segment to Algeco UK Holdings Limited, a member of the Modulaire Group, effective January 31, 2023.
  • The Company received approximately $410 million from the sale, which will be used to support ongoing reinvestment in the Company’s core Modular and Storage operating segments and other capital allocation priorities.
  • The UK Storage segment will be reported as discontinued operations in the Company’s Q4 2022 financial filings, and management will provide 2023 financial guidance excluding the UK Storage segment in the Q4 2022 earnings press release on February 21, 2023 and subsequent earnings conference call at 10 am ET on February 22, 2023.
  • Cleary Gottlieb Steen & Hamilton LLP acted as legal adviser to WillScot Mobile Mini.

SEC Announces Departure of Renee Jones; Erik Gerding Named Director of Division of Corporation Finance

Retrieved on: 
Friday, January 13, 2023

Erik Gerding, currently the Division’s Deputy Director, will be appointed Director of the Division, effective upon Ms. Jones’s departure.

Key Points: 
  • Erik Gerding, currently the Division’s Deputy Director, will be appointed Director of the Division, effective upon Ms. Jones’s departure.
  • “Renee has led the Division of Corporation Finance during a time when we have proposed – and in numerous cases adopted – critical reforms to benefit investors,” said SEC Chair Gary Gensler.
  • “The SEC will continue to benefit from Erik’s experience and expertise, qualities that defined his service as Deputy Director.

  • Mr. Gerding joined the SEC in October 2021 and leads Legal and Regulatory Policy in the Division of Corporation Finance.

TLGY Acquisition Corporation Invites Shareholders to Attend 2022 Annual Meeting of Shareholders on December 22

Retrieved on: 
Friday, December 16, 2022

TLGY Acquisition Corporation (NASDAQ: TLGY) (the Company) announces that its shareholders and the general public are invited to access its 2022 Annual General Meeting of Shareholders (the Annual Meeting) at 10:00 a.m. EDT on Thursday, December 22, 2022.

Key Points: 
  • TLGY Acquisition Corporation (NASDAQ: TLGY) (the Company) announces that its shareholders and the general public are invited to access its 2022 Annual General Meeting of Shareholders (the Annual Meeting) at 10:00 a.m. EDT on Thursday, December 22, 2022.
  • There are no proposals subject to vote at the Annual Meeting.
  • The purpose of the Annual Meeting is to discuss general Company business.
  • The Annual Meeting will be held in-person at the offices of Cleary Gottlieb Steen & Hamilton LLP, One Liberty Plaza, 1 Liberty Pl, New York, NY 10006.