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.
Deals & Cases
March 12, 2024
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
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.
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