Cravath’s London Office Moves to 100 Cheapside
On November 5, 2021, Cravath partner David J. Kappos participated in the 65th Annual IP Law Conference, which was hosted virtually by the University of Illinois Chicago School of Law. Entitled “Looking Beyond the Bend,” Dave’s panel discussed the future of intellectual property in the United States and globally, the shifting political power of IP and how the rise of data and regional data protection laws could affect global business.
Deals & Cases
November 02, 2021
Cravath represented IsoPlexis Corporation in connection with its $125 million initial public offering of common stock. IsoPlexis Corporation is a life sciences company building solutions to accelerate the development of curative medicines and personalized therapeutics. The shares were listed on The Nasdaq Global Select Market. The transaction closed on October 12, 2021.
Deals & Cases
October 28, 2021
On October 28, 2021, ViacomCBS Inc. announced that ViacomCBS Networks International has entered into a definitive agreement to acquire a majority stake in Spanish language content producer Fox TeleColombia & Estudios TeleMexico from The Walt Disney Company (“Disney”) and the founding family of Fox TeleColombia & Estudios TeleMexico. ViacomCBS International Studios’ VIS will operate Fox TeleColombia & Estudios TeleMexico as a collaborative partnership with the founding family. Cravath is representing Disney in connection with the transaction.
Deals & Cases
October 28, 2021
On October 27, 2021, Scientific Games Corporation (“Scientific Games”) announced that it has entered into a definitive agreement to sell its Lottery business, a leading, diversified global lottery partner with long‑standing relationships with approximately 130 government and non‑government lottery entities in over 50 countries, to Brookfield Business Partners L.P. together with its institutional partners (collectively, “Brookfield”) for total consideration of $6.05 billion consisting of $5.825 billion in cash and an earn‑out of up to $225 million based on the achievement of certain EBIDTA targets in 2022 and 2023. Cravath is representing Scientific Games in connection with the transaction.
Deals & Cases
October 25, 2021
On October 25, 2021, leading government services contractors Amentum Holdings LLC (“Amentum”) and PAE Incorporated (“PAE”) announced a definitive agreement under which an affiliate of Amentum will acquire PAE. The all‑cash transaction for all outstanding shares of common stock of PAE is valued at approximately $1.9 billion, including the assumption of debt and certain fees. Cravath is representing Amentum in connection with the transaction.
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