Christine Varney and Bill Whelan Named to Lawdragon’s Hall of Fame

On February 3, 2020, LexisNexis® Risk Solutions, part of RELX, a global provider of information‑based analytics and decision tools for professional and business customers, announced that it has entered into an agreement to acquire Emailage®, a global leader in fraud prevention and risk management through email intelligence‑based fraud risk scoring solutions. Cravath is representing RELX in connection with the transaction.

On January 30, 2020, Knorr‑Bremse, a global market leader for braking and other systems for rail and commercial vehicles, signed an agreement to acquire R.H. Sheppard Co., Inc. (“Sheppard”), one of the leading manufacturers of steering systems for vehicles on the North American market, from WABCO Holdings Inc. (“WABCO”) for a purchase price of $149.5 million. WABCO is selling Sheppard in connection with the proposed takeover of WABCO by ZF Friedrichshafen AG (“ZF”), and the closing of the Knorr‑Bremse acquisition of Sheppard is contingent upon the closing of the ZF acquisition of WABCO. Cravath is representing Knorr‑Bremse in connection with the transaction.

Cravath represented the underwriters, led by Wells Fargo Securities, Morgan Stanley, SMBC Nikko, BBVA, Fifth Third Securities, Mizuho Securities, MUFG and Scotiabank, in connection with the $350 million registered senior notes offering of Sabra Health Care Limited Partnership and Sabra Capital Corporation, wholly owned subsidiaries of Sabra Health Care REIT, Inc., a self‑administered, self‑managed REIT that, through its subsidiaries, owns and invests in real estate serving the health care industry. The transaction closed on October 7, 2019.

Cravath represented the initial purchaser, Goldman Sachs & Co. LLC, in connection with the $60 million 144A/Reg. S high-yield senior secured notes offering of JPW Industries Holding Corporation, a designer, manufacturer, marketer and value-added distributor of proprietary branded specialty shop tools and equipment. Proceeds of the offering were used to finance the acquisition of Baileigh. The offering closed on May 9, 2019.