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Hudson Ltd.'s Initial Public Offering

Cravath represented the underwriters, led by Credit Suisse, Morgan Stanley and UBS Investment Bank, in connection with the $749 million initial public offering of Class A common shares of Hudson Ltd., a duty‑paid and duty‑free travel retail company. The shares were listed on the New York Stock Exchange. The transaction closed on February 5, 2018.

The Cravath team included partner Craig F. Arcella and associates Eric M. Wasserstrum, Anthony J. Ramirez and Michael Zhang on securities matters, and associates Dmitry Zelik and Damien J. Rose on tax matters.