Dealytics Weekly M&A Review

Welcome to the Dealytics weekly review where we list a summary of the top M&A deals, announcements, insights from the previous week.

Edition 42

Top Deals

(June 4, 2024) Apollo Global Management, Inc. to acquire a 49% stake in 英特尔 's Fab 34 for $11 billion.

• Latham & Watkins ( Tad Freese , Chirag Dedania , Damara Chambers , Adam Kestenbaum , Yigit Bora Bozkurt , Jeffrey Greenberg, Gary Boss ), and Paul, Weiss, Rifkind, Wharton & Garrison LLP ( Gregory Ezring, Ross Fieldston , Ravi Purohit ) served as legal advisor to Apollo Global Management
• 高盛 (Kurt Simon, Kyle Jessen , Stuart Beer , John Greenwood ) served as financial advisor to Intel Corp
• Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates ( Christopher Bors , Michelle Gasaway , Nike Opadiran, Aryan Moniri ) and Eversheds Sutherland Ltd. ( Sean Ryan , Lee Murphy , Aaron Moody , Xenia Garofalo , Alan Connell , William Dudzinsky , Robb Chase ) served as legal advisor to Intel Corp

(June 3, 2024) Waste Management Inc. to acquire Stericycle Inc. for $62 per share representing a 24% premium totaling $7.2 billion.

• 美国银行 ( Marc Daniels , Christopher Oglesby , Brian Henderson , Kevin Brunner , Greg Mitsch ) served as financial advisor to Stericycle
• Latham & Watkins ( Sean Berkowitz , Nineveh Alkhas , Meredith E. Monroe , Hector Armengod , Kevin Jakopchek , Drew Wisniewski , Joshua Marnitz , Mark Mester , Scott Ollivierre , Jana Dammann de Chapto , Nicholas McQuaid , Terra Reynolds , Doug Greenburg , Robert Blamires , Diana Doyle , Joshua Holian , Max Schleusener , Bradd Williamson , Jeffrey Tochner , Bradley Faris ) served as legal advisor to Stericycle
• Centerview Partners LLC ( Adam Beshara ) served as financial advisor to Waste Management
• Vinson & Elkins LLP ( Palmina Fava , Michael Kurzer , Ron Tenpas , Matthew Dobbins , Rebecca Baker , Prentiss Cutshaw , James Leader , David Wicklund , John Lynch , Lina Dimachkieh , Doug McWilliams , David D'Alessandro , Steve Gill ) and Baker Botts LLP ( Matthew Levitt , Jim Kress ) served as legal advisors to Waste Management

(June 3, 2024) Becton, Dickinson and Company to acquire Critical Care product group from Edwards Lifesciences Corp. for $4.2 billion.

• 花旗 Inc. and Perella Weinberg Partners LP served as financial advisor to Becton, Dickinson and Co.
• Ropes & Gray LLP ( Edward R. McNicholas , Katherine Wang , Josh Oyster , Jennifer Romig , Lincoln Tsang , Benjamin Rogers , Ruchit Patel , Jonathan Klarfeld , Marko Zatylny , Jennifer Rikoski Whitney , Richard Kidd , Amanda Austin , Emily Oldshue , David Kaye ) served as legal advisor to Becton, Dickinson and Co.
• 高盛 & Co ( Yassaman Salas , Dusty Philip) and 摩根士丹利 served as financial advisor to Edwards Lifesciences Corp
• Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates ( Michael Sheerin , Ryne Posey , Michelle Gasaway , Maya Florence , Kenneth Schwartz , Giorgio Motta , Nathan Giesselman , Neil Stronski ) served as legal advisor to Edwards Lifesciences Corp

(June 6, 2024) An investor consortium including Blackstone Inc to acquire remaining 40% stake in Copeland LP from 艾默生 Electric Co. for $3.5 billion.

• Barclays and RBC Capital Markets served as financial advisor to Blackstone and Copeland LP
• Simpson Thacher & Bartlett LLP ( William Allen , Elizabeth Cooper ) served as legal advisor to Copeland LP served as legal advisors to Blackstone and Copeland LP
• 高盛 & Co. ( Chris Gallea , Daniel Quinn , Luke G. , Aimee Mungovan ) served as financial advisor to Emerson Electric
• Davis Polk & Wardwell LLP ( Marc O. Williams ) served as legal advisor to Emerson Electric

(June 5, 2024) SAP SE to acquire WalkMe? Ltd. for $14 per share representing a 45% share price premium totaling $1.5 billion.

• Qatalyst Partners ( Jeff Chang , Jonathan Turner, Ethan Zweig ) and 摩根士丹利 served as financial advisor to WalkMe
• Latham & Watkins ( Joshua Kiernan , Jenny Cieplak , Dean Baxtresser , Jana Dammann de Chapto , Elizabeth Park , Anthony Klein , Erin Brown Jones , Les Carnegie , Grace L. , Joshua Holian , Mark Bekheit , Jay Metz , Tad Freese ) and Meitar | Law Offices ( Matthew Rudolph , Ran Camchy , Shachar Hadar ) served as legal advisor to WalkMe
• 高盛 & Co. ( Joe Porter , Ryan Limaye , Todd Ebe , Daniel Krinsky ) served as financial advisor to SAP SE
• 奥睿 ( Spencer Cohen , Matthew Gemello ) and Gornitzky GNY ( Netanel Kahane , Chaim Friedland ) served as legal advisor to SAP SE

(June 5, 2024) Authentic Brands Group LLC to acquire Hanesbrands Inc. 's global champion business for $1.2 billion.

• 美国银行 Corp. and J.P. 摩根 Securities LLC served as financial advisors to Authentic Brands Group
• Latham & Watkins LLP ( Michael Anastasio , Justin G. Hamill ) served as legal advisor to Authentic Brands Group
• Goldman, Sachs & Co. ( Steven Weiss , Ben Frost , Ashley Everett ) and Evercore Inc. ( Ari Berger ) served as financial advisor to Hanesbrands
• Kirkland & Ellis ( Christie Alcala , Jared Whalen , Daniel Wolf , Rob Fowler , Sara Zablotney , Vivek Ratnam , Andrea Agathoklis Murino , Jack Coles , Alasdair Balfour, William Lay , Matthew Antinossi, Seth Traxler , Bernadette Coppola , Allison Wein ) and 众达律师事务所 ( Joel May ) served as legal advisor to Hanesbrands

(June 6, 2024) SAS Rue La Boétie has completed its acquisition of Groupe Crédit Agricole SA for $1.079 billion.

• Darrois Villey Maillot Brochier ( Nicolas Mennesson , Laurent Gautier , Henri Savoie, Hugo Diener , Pierre Casanova) served as legal advisor to SAS Rue La Boetie

(June 3, 2024) Viridian Acquisition Inc, an affiliate of Homesteaders Life Company to acquire Park Lawn Corporation for $19.44 per share in an all cash deal representing a 62.1% share price premium totaling $880 million.

• National Bank Financial served as financial advisor to Park Lawn Corp
• Morgan, Lewis & Bockius LLP ( Jeff Dinerstein ) and Bennett Jones LLP served as legal advisor to Park Lawn Corp
• BMO Capital Markets served as financial advisor to Viridian Acquisition Inc
• Paul, Weiss, Rifkind, Wharton & Garrison LLP ( Ross Fieldston , Adam Givertz) and Faegre Drinker Biddle & Reath LLP, Stikeman Elliott LLP , and Torys LLP served as legal advisor to Viridian Acquisition Inc

(June 6, 2024) nVent Electric plc to acquire a majority stake in Trachte LLC from Palladium Equity Partners, LLC for $695 Million.

• Baird Global Investment Banking ( Michael Barina , Les Cheek , Trish Renner , Sara DePalma , Mike Lindemann , Chris Cooper ) and Harris Williams & Co. served as financial advisor to Trachte LLC
• Foley & Lardner LLP served as legal advisor to nVent Electric
• Morrison Foerster LLP ( Patrick Huard , Dario Avram , Thomas Fileti ) served as legal advisor to Palladium Equity Partners

(June 4, 2024) Frontdoor, Inc. to acquire 2-10 Home Buyers Warranty for $585 Million.

• Evercore served as financial advisor to 2-10 Home Buyers Warranty
• Ropes & Gray LLP ( Tom Fraser , Michael Lee , Elizabeth Gallucci ) served as legal advisor to 2-10 Home Buyers Warranty
• 美国银行 served as financial advisor to Frontdoor
• Simpson Thacher & Bartlett LLP ( Andrew Purcell , Lori Lesser , Christopher Brown , Jonathan Ozner , Charles Mathes, Benjamin Persina, Peter Guryan , Ken Wallach , David Rubinsky , Jakob Rendtorff ) served as legal advisor to Frontdoor

(June, 6, 2024) 杜比实验室 to acquire GE Licensing from GE航空 for $429 million.

• Tech+IP Advisory ( Elvir Causevic ) served as financial advisor to Dolby Laboratories Inc
• Wilson Sonsini Goodrich & Rosati ( Michael Russell ) served as legal advisor to Dolby Laboratories Inc
• Houlihan Lokey Inc. served as financial advisor to GE Aerospace
• Gibson Dunn & Crutcher LLP ( Kathryn Kelly , Kristen Limarzi , Phillip Sanders , Daniel Angel , Saee Muzumdar ) and 众达律师事务所 ( Jessica Kastin ) served as legal advisor to GE Aerospace

(June 5, 2024) Oaktree Capital Management, L.P. to acquire Ambac Assurance Corp. from Ambac Financial Group Inc. for $420 million.

• BlackRock Inc. served as financial advisor to Oaktree Capital Management
• Kirkland & Ellis LLP ( Parimah Hassouri , Rachel Sheridan , Mari Stonebraker , Shagufa Hossain , Josh Greenblatt , Katrina Anna Levy , Anthony Sanderson , Daniel Fallon , Matthew Lovell , Amal Elbakhar , David Nemecek , Kimberly Han , Vivek Ratnam , Michael Beinus , Hamed Meshki , Jack Stratton , Matthew Antinossi, Rajab S. Abbassi ) served as legal advisor to Oaktree Capital Management
• Moelis & Company LLC served as financial advisor to Ambac Financial Group
• Debevoise & Plimpton ( Steven Slutzky , Eric Juergens , Daniel Priest , Nicholas Potter , Meir Katz , Kristen Matthews ) served as legal advisor to Ambac Financial Group