Cravath’s London Office Moves to 100 Cheapside
On February 11, 2009, Mead Johnson Nutrition Company, a division of Bristol-Myers Squibb, priced an initial offering of $720 million of its Class A common stock for sale to the public. The offering, which was increased from 25 million shares to 30 million shares, was priced at $24 per share. The underwriters have a 30-day option to purchase up to an additional 4.5 million shares to cover over-allotments, if any. This is the first U.S. initial public offering of 2009.
The lawyers involved in this transaction include partners Ronald Cami and Susan Webster and associates Matthias G. Baudisch, Michael Kim, Justin S. Tichauer and David W. Azarkh on corporate matters and partners Stephen L. Gordon and Lauren Angelilli and associate Luke A. Facer on tax matters.
Deals & Cases
February 12, 2025
Cravath represented the underwriters in connection with the $521.7 million initial public offering of common stock of Smithfield Foods, Inc., an American food company and an industry leader in value‑added packaged meats and fresh pork. The shares were listed on the Nasdaq Global Select Market. The transaction closed on January 29, 2025.
Deals & Cases
December 13, 2024
Cravath represented the underwriters, as U.S. counsel, in connection with the approximately C$313.6 million Rule 144A/Reg. S initial public offering of subordinate voting shares of Groupe Dynamite, Inc., a fashion house that operates retail stores and e‑commerce platforms under two complementary and spirited banners: Garage and Dynamite. The shares were listed on the Toronto Stock Exchange. The transaction closed on November 26, 2024.
Deals & Cases
April 15, 2024
Cravath, together with Hengeler Mueller, represented Douglas AG in connection with its €890 million initial public offering of ordinary bearer shares. The DOUGLAS Group is a leading omnichannel premium beauty destination in Europe. The shares were listed on the Frankfurt Stock Exchange (Prime Standard). The transaction closed on March 25, 2024.
Deals & Cases
October 12, 2023
On October 10, 2023, following a full trial on the merits and an appeal to the Delaware Supreme Court, Cravath client The Williams Companies, Inc. (“Williams”) secured a victory resulting in a judgment of more than $600 million.
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