UTi Worldwide’s $1.35 Billion Acquisition by DSV
October 09, 2015
On October 9, 2015, UTi Worldwide Inc., a global supply chain services and solutions provider, announced it has entered into a definitive agreement to be acquired by DSV for $7.10 in cash per ordinary share. Cravath represented UTi Worldwide in connection with this transaction. The transaction, which was unanimously approved by the Boards of Directors of both UTi and DSV, is valued at approximately $1.35 billion.
The Cravath team was led by partner Robert I. Townsend III and included associates Michael L. Arnold and Joshua Ayal on M&A matters; partner Eric W. Hilfers and associates Jonathan J. Katz and Matthew J. Bobby on executive compensation and benefits matters; partner J. Leonard Teti II and associate Antje Hagena on tax matters; partner Julie A. North and associate Jesse M. Weiss on antitrust matters; partner George E. Zobitz on financing matters; partner Matthew Morreale on environmental matters; and partner David J. Kappos and associate Christopher P. Davis on intellectual property matters. Christopher C. Blackburn also worked on M&A matters.
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J.D., 1990, Harvard Law Schoolmagna cum laude
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A.B., 1987, Harvard Collegemagna cum laude
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J.D., 1998, University of Chicago Law Schoolwith Honors
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A.B., 1995, Princeton University
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J.D., 2005, University of Virginia School of LawOrder of the Coif
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A.B., 1999, Princeton Universitywith Honors
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J.D., 1995, New York University School of Lawwith Honors, cum laude
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B.A., 1991, Franklin & Marshall College
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
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J.D., 1990, University of California, Berkeley, School of Law
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B.S., 1983, University of California, Davissumma cum laude
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LL.M., 2013, New York University School of Law
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J.D., 2007, Benjamin N. Cardozo School of LawOrder of the Coif, Dean's Distinguished Scholar, summa cum laude
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J.D., 1989, Syracuse University College of Lawmagna cum laude
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B.A., 1984, Hamilton Collegecum laude
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