Cravath’s London Office Moves to 100 Cheapside
November 06, 2025
On November 5, 2025, Cravath partner David J. Kappos participated in Asia Society Northern California’s (“ASNC”) “A Workshop on Data Driven Approaches to Understanding Chinese Tech Competitiveness” in Washington, D.C. Hosted as part of ASNC’s Tech Series, the event brought together leading experts and policymakers involved in technology, export controls, trade, intellectual property, talent and education to foster an evidence‑based understanding of China’s evolving technological landscape and to identify actionable insights for U.S. strategy and policy development. Workshop participants discussed topics including patent analytics, intellectual property trends, research output, technology adoption, trade and investment data analysis and the impact of export controls and regulatory tools. Dave spoke on the topic “Uses and Abuses of Intellectual Property to Assess Tech Competitiveness.”
Deals & Cases
October 02, 2025
On October 2, 2025, Occidental, an international energy company, and Berkshire Hathaway announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all‑cash transaction for $9.7 billion, subject to customary purchase price adjustments. Cravath is representing Occidental in connection with the transaction.
Deals & Cases
September 22, 2025
On September 19, 2025, Jefferies Financial Group, Inc. (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc. (collectively, “SMBC Group”) announced they are significantly expanding their Global Strategic Alliance. This will include a joint venture to combine their Japanese equities and ECM businesses. As part of this expansion, SMBC intends to increase its equity ownership in Jefferies to up to 20% in the open market. Cravath is representing Jefferies in connection with the transactions.
Deals & Cases
August 15, 2025
On August 14, 2025, Fitch Learning, a global leader in financial learning and professional certifications, announced it signed an agreement with Moody’s to acquire two of their businesses, Moody’s Analytics Learning Solutions, a global provider of credit training, and the Canadian Securities Institute, a leading provider of professional certifications for the Canadian financial services industry. Cravath is representing Fitch Learning in connection with the transaction.
Deals & Cases
August 11, 2025
On August 10, 2025, International Money Express, Inc. (“Intermex”) and The Western Union Company (“Western Union”) announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all‑cash transaction at $16.00 per share, representing a total equity and enterprise value of approximately $500 million. Cravath is representing Intermex’s Strategic Alternatives Committee in connection with the transaction.
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