Cravath, Swaine & Moore LLP Logo
  • Practices
  • People
  • Careers
  • News & Insights
  • Practices
  • People
  • Careers
  • News & Insights
  • Our Story
  • The Cravath System
  • Diversity & Inclusion
  • Pro Bono
  • Alumni Journal
  • 200.Cravath

Cravath’s London Office Moves to 100 Cheapside

Read More

News & Insights

PepsiCo’s $1.95 Billion Acquisition of poppi

March 17, 2025

On March 17, 2025, PepsiCo, Inc. (“PepsiCo”) announced that it has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. Cravath is representing PepsiCo in connection with the transaction.

The Cravath team is led by partners Claudia J. Ricciardi and Alexander E. Greenberg and includes associates Chris Kim, Cierra Coury, Madison Burson and Debbie Park and foreign associate attorney Alberto Giavaldi on M&A matters; partners Andrew J. Pitts and C. Daniel Haaren and associates Kelsey L. Laabs and Nathaniel C. Pettit on capital markets matters; partner Stephen M. Kessing and associate Benjamin B. Deutsch on banking matters; partner Eric W. Hilfers, practice area attorney David Crampton and associates Oscar Porter and Matthew S. Johnson on executive compensation and benefits matters; partner Sasha Rosenthal-Larrea and associate Matthew L. Ybarra on intellectual property matters; partner Matthew Morreale, senior attorney Annmarie M. Terraciano and associate Star S. Gulant on environmental matters; partners Margaret T. Segall and Jesse M. Weiss and of counsel Michael B. Singer on antitrust matters; partners Michael P. Addis and Justin C. Clarke and associate Jacob Buell Seeley on litigation matters; and senior attorney Joyce Law and practice area attorney Brian M. Budnick on real estate matters. Victoria Fang also worked on litigation matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Capital Markets
  • Banking and Credit
  • Executive Compensation and Benefits
  • Intellectual Property
  • Environmental
  • Antitrust
  • Litigation
  • Consumer Products and Services

People

Photo
Name
Claudia J. Ricciardi
Title
Corporate
Title
Partner
Email
cricciardi@cravath.com
Phone
+1-212-474-1035
vCard
Download vCard

    Education

    • J.D., 2015, Harvard Law School
      cum laude
    • B.A., 2012, University of Pennsylvania
      Phi Beta Kappa, summa cum laude

    Admitted In

    • New York
    Photo
    Name
    Alexander E. Greenberg
    Title
    Corporate
    Title
    Partner
    Email
    agreenberg@cravath.com
    Phone
    +1-212-474-1206
    vCard
    Download vCard

      Education

      • J.D., 2017, Harvard Law School
      • B.A., 2012, Bates College

      Admitted In

      • New York
      Photo
      Name
      Andrew J. Pitts
      Title
      Corporate
      Title
      Partner
      Email
      apitts@cravath.com
      Phone
      +1-212-474-1620
      vCard
      Download vCard

        Education

        • M.B.A., 1995, Boston University
          with High Honors
        • J.D., 1994, Boston University School of Law
          summa cum laude
        • B.A., 1988, Trinity College

        Admitted In

        • New York
        Photo
        Name
        C. Daniel Haaren
        Title
        Corporate
        Title
        Partner
        Email
        dhaaren@cravath.com
        Phone
        +1-212-474-1322
        vCard
        Download vCard

          Education

          • J.D., 2012, New York University School of Law
            Order of the Coif, Pomeroy Scholar, magna cum laude
          • B.A., 2009, Duke University

          Admitted In

          • New York
          Photo
          Name
          Stephen M. Kessing
          Title
          Corporate
          Title
          Partner
          Email
          skessing@cravath.com
          Phone
          +1-212-474-1152
          vCard
          Download vCard

            Education

            • J.D., 2005, Duke Law School
              Order of the Coif, magna cum laude
            • M.B.A., 2001, University of Southern California
            • B.S., 1995, Miami University of Ohio

            Admitted In

            • New York
            Photo
            Name
            Eric W. Hilfers
            Title
            Executive Compensation and Benefits
            Title
            Partner
            Email
            ehilfers@cravath.com
            Phone
            +1-212-474-1352
            vCard
            Download vCard

              Education

              • J.D., 1998, University of Chicago Law School
                with Honors
              • A.B., 1995, Princeton University

              Admitted In

              • New York
              Photo
              Name
              Sasha Rosenthal-Larrea
              Title
              Corporate
              Title
              Partner
              Email
              srosenthal-larrea@cravath.com
              Phone
              +1-212-474-1967
              vCard
              Download vCard

                Education

                • J.D., 2010, Columbia Law School
                  Harlan Fiske Stone Scholar
                • A.B., 2007, Brown University

                Admitted In

                • New York
                Photo
                Name
                Matthew Morreale
                Title
                Corporate
                Title
                Partner
                Email
                mmorreale@cravath.com
                Phone
                +1-212-474-1534
                vCard
                Download vCard

                  Education

                  • J.D., 1997, Columbia Law School
                    Harlan Fiske Stone Scholar
                  • M.S., 1994, University of Pennsylvania
                  • B.A., 1990, University of Pennsylvania
                  • B.A.S., 1990, University of Pennsylvania

                  Admitted In

                  • New York
                  Photo
                  Name
                  Margaret T. Segall
                  Title
                  Litigation
                  Title
                  Partner
                  Email
                  msegall@cravath.com
                  Phone
                  +1-212-474-1231
                  vCard
                  Download vCard

                    Education

                    • J.D., 2008, Harvard Law School
                      cum laude
                    • A.B., 2003, Harvard College
                      magna cum laude

                    Admitted In

                    • New York
                    Photo
                    Name
                    Jesse M. Weiss
                    Title
                    Litigation
                    Title
                    Partner
                    Email
                    jweiss@cravath.com
                    Phone
                    +1-212-474-1421
                    vCard
                    Download vCard

                      Education

                      • J.D., 2008, Georgetown University Law Center
                        magna cum laude
                      • B.A., 2003, University of Maryland

                      Admitted In

                      • New York
                      Photo
                      Name
                      Michael P. Addis
                      Title
                      Litigation
                      Title
                      Partner
                      Email
                      maddis@cravath.com
                      Phone
                      +1-212-474-1956
                      vCard
                      Download vCard

                        Education

                        • J.D., 2010, Harvard Law School
                        • M.S.T., 2007, Pace University
                        • A.B., 2005, Princeton University
                          magna cum laude

                        Admitted In

                        • New York
                        Photo
                        Name
                        Justin C. Clarke
                        Title
                        Litigation
                        Title
                        Partner
                        Email
                        jcclarke@cravath.com
                        Phone
                        +1-212-474-1184
                        vCard
                        Download vCard

                          Education

                          • J.D., 2011, Columbia Law School
                            James Kent Scholar; Harlan Fiske Stone Scholar
                          • A.B., 2004, Bowdoin College

                          Admitted In

                          • New York
                          Photo
                          Name
                          Michael B. Singer
                          Title
                          Litigation
                          Title
                          Of Counsel
                          Email
                          msinger@cravath.com
                          Phone
                          +1-212-474-1974
                          vCard
                          Download vCard

                            Education

                            • J.D., 2014, Fordham University School of Law
                              Order of the Coif; Mary Daly Scholar, magna cum laude
                            • B.A., 2009, Hamilton College
                              Emerson Scholar

                            Admitted In

                            • New York
                            Photo
                            Name
                            Annmarie M. Terraciano
                            Title
                            Corporate
                            Title
                            Senior Attorney
                            Email
                            aterraciano@cravath.com
                            Phone
                            +1-212-474-1366
                            vCard
                            Download vCard

                              Education

                              • J.D., 1998, Columbia Law School
                                Harlan Fiske Stone Scholar
                              • M.S., 1994, University of Wisconsin - Madison
                              • B.A., 1989, Wellesley College
                                cum laude

                              Admitted In

                              • New York
                              Photo
                              Name
                              Joyce Law
                              Title
                              Corporate
                              Title
                              Senior Attorney
                              Email
                              jlaw@cravath.com
                              Phone
                              +1-212-474-1066
                              vCard
                              Download vCard

                                Education

                                • J.D., 1997, Boston University School of Law
                                • B.Comm., 1994, University of Alberta
                                  Distinction

                                Admitted In

                                • New York
                                Name
                                David Crampton
                                Title
                                Executive Compensation and Benefits
                                Title
                                Practice Area Attorney
                                Email
                                dcrampton@cravath.com
                                Phone
                                +1-212-474-1358
                                vCard
                                Download vCard

                                  Education

                                  • J.D., 2020, Cornell Law School
                                    magna cum laude
                                  • B.S., 2016, Oregon State University

                                  Admitted In

                                  • New York
                                  Photo
                                  Name
                                  Brian M. Budnick
                                  Title
                                  Corporate
                                  Title
                                  Practice Area Attorney
                                  Email
                                  bbudnick@cravath.com
                                  Phone
                                  +1-212-474-1914
                                  vCard
                                  Download vCard

                                    Education

                                    • J.D., 2011, Benjamin N. Cardozo School of Law
                                      cum laude
                                    • B.A., 2006, University of Virginia

                                    Admitted In

                                    • New York

                                    Related News & Insights

                                    Deals & Cases

                                    May 15, 2025

                                    Greencore’s £1.2 Billion Recommended Acquisition of Bakkavor

                                    On May 15, 2025, the boards of Greencore Group plc (“Greencore”), a leading manufacturer of convenience foods in the UK, and Bakkavor Group Plc (“Bakkavor”), a leading provider of fresh prepared food in the UK, announced that they have agreed the terms of a recommended acquisition of Bakkavor by Greencore at a base consideration which values each Bakkavor share at 200 pence, which implies Bakkavor’s entire issued and to be issued share capital is valued at approximately £1.2 billion. Under the terms of the transaction, Bakkavor shareholders will be entitled to (for each Bakkavor share): 0.604 new Greencore shares, 85 pence in cash and one contingent value right. Cravath is representing Greencore as U.S. counsel in connection with the transaction.

                                    Deals & Cases

                                    May 09, 2025

                                    TaskUs’s Take‑Private Acquisition by its Co‑Founders and Blackstone

                                    On May 9, 2025, TaskUs, Inc. (“TaskUs”), a leading provider of outsourced digital services and next‑generation customer experience to companies, announced it has entered into a definitive agreement to become a privately held company. Under the terms of the agreement, an affiliate of Blackstone, TaskUs Co‑Founder and Chief Executive Officer Bryce Maddock and TaskUs Co‑Founder and President Jaspar Weir (collectively the “Buyer Group”) will acquire 100% of the outstanding shares of Class A common stock they do not already own for $16.50 per share in an all-cash transaction. Upon completion of the transaction, the Company’s Class A common stock will no longer be listed on any public market. The TaskUs Board of Directors has approved the transaction upon the unanimous recommendation of a special committee of independent directors (the “Special Committee”), which was formed on March 20, 2025, in response to interest expressed by the Buyer Group in exploring a possible transaction. Cravath is representing the Special Committee in connection with the transaction.

                                    Deals & Cases

                                    March 18, 2025

                                    Wiz’s $32 Billion Acquisition by Google

                                    On March 18, 2025, Wiz, Inc. (“Wiz”), a leading cloud security platform headquartered in New York, and Google LLC (“Google”) announced they have signed a definitive agreement for Google to acquire Wiz for $32 billion, subject to closing adjustments, in an all‑cash transaction. Once closed, Wiz will join Google Cloud. Cravath is representing Wiz as regulatory counsel in connection with the transaction.

                                    Deals & Cases

                                    February 24, 2025

                                    Bridge Investment Group’s $1.5 Billion Acquisition by Apollo

                                    On February 24, 2025, Bridge Investment Group Holdings Inc. (“Bridge”), a leading alternative investment manager diversified across specialized asset classes, and Apollo Global Management, Inc. (“Apollo”) announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all‑stock transaction with an equity value of approximately $1.5 billion. Under the terms of the transaction, Bridge stockholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively, valued by the parties at $11.50 per each share of Bridge Class A common stock and Bridge OpCo Class A common unit, respectively. Cravath is representing the special committee of the Bridge Board of Directors in connection with the transaction.

                                    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.

                                    Explore

                                    Cravath, Swaine & Moore LLP Logo
                                    • CONTACT US
                                    • OUR STORY
                                    • ALUMNI PORTAL
                                    • DISCLAIMERS & NOTICES

                                    Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.