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Cravath’s London Office Moves to 100 Cheapside

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News & Insights

Nestlé’s Sale of Alcon Stake to Novartis

April 07, 2008

Cravath represented Nestlé SA in the sale of its stake in Alcon Inc. to Novartis in a two-step transaction for $39 billion. The lawyers involved in the matter were partners Alan C. Stephenson and Robert I. Townsend, III and associates Michael A. LaGatta, Brittain A. Rogers and Benjamin P. Schaye on corporate matters; partner Michael L. Schler and associate Dana Frenkel on tax matters; senior attorney Rolf Zaiss and associate Kerry Halpern-Skoglund on benefits matters; and associate David J. Mandl on environmental matters. The deal was announced on April 7, 2008.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Tax
  • Executive Compensation and Benefits
  • Environmental
  • Consumer Products and Services

People

Photo
Name
Robert I. Townsend III
Title
Corporate
Title
Partner
Email
rtownsend@cravath.com
Phone
+1-212-474-1964
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    Education

    • J.D., 1990, Harvard Law School
      magna cum laude
    • A.B., 1987, Harvard College
      magna cum laude

    Admitted In

    • New York
    Photo
    Name
    Michael L. Schler
    Title
    Tax
    Title
    Retired Partner
    Email
    mschler@cravath.com
    Phone
    +1-212-474-1999
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      Education

      • LL.M., 1979, New York University
      • J.D., 1973, Yale Law School
      • B.A., 1970, Harvard University
        magna cum laude

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      Deals & Cases

      March 12, 2024

      Nestlé Capital Corporation’s $2.5 Billion Notes Offering

      Cravath represented Nestlé Capital Corporation in connection with its $2.5 billion 144A/Reg. S notes offering, guaranteed by Nestlé S.A, the world's largest food and beverage company. The transaction closed on March 12, 2024.

      Deals & Cases

      October 02, 2023

      Nestlé Holdings, Inc.’s $1.5 Billion 144A/Reg. S Notes Offering

      Cravath represented Nestlé Holdings, Inc. in connection with its $1.5 billion 144A/Reg. S notes offering, guaranteed by Nestlé S.A, the world's largest food and beverage company. Proceeds of the offering were used for general corporate purposes of the Nestlé Group. The transaction closed on September 12, 2023.

      Cravath Bicentennial

      Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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