GasLog Ltd.’s Acquisition of GasLog Partners

On April 6, 2023, GasLog Ltd. (“GasLog”) and GasLog Partners LP (“GasLog Partners”), each an international owner and operator of liquefied natural gas carriers, announced that they have entered into a definitive merger agreement pursuant to which GasLog will acquire all of the outstanding common units of GasLog Partners not beneficially owned by GasLog for overall consideration of $8.65 per common unit in cash. Cravath is representing GasLog in connection with the transaction.

The Cravath team is led by partner Jin‑Kyu Baek and includes associates Richard E. Schwartz and Patrick S. Taylor on M&A matters; associate Carol S. Lin on capital markets matters; partner George E. Zobitz, associate D. Ana Choi and foreign associate attorney Ryan Law on financing matters; partner Christopher K. Fargo and associate Duncan H. Hardell on tax matters; partner Matthew J. Bobby and associate Tiffany B. Wong on executive compensation and benefits matters; and of counsel Jesse M. Weiss and foreign associate attorney Benoit Gerard on regulatory matters. Steven T. Marzagalli also worked on M&A matters; Harlea A. Perdue and William Tong also worked on capital markets matters; Tristan Baylor also worked on tax matters; and Kristin A. Sharman also worked on executive compensation and benefits matters.