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

Four Decades for Justice

Read More

News

RWE AG’s $6.8 Billion Acquisition of Con Edison Clean Energy Businesses

October 02, 2022

On October 1, 2022, RWE AG (“RWE”), a leading renewable energy company, signed a purchase agreement with Con Edison, Inc. to acquire all shares in Con Edison Clean Energy Businesses, Inc., a leading operator and developer of renewable energy plants in the United States, for a purchase price based on an enterprise value of $6.8 billion. Cravath is representing RWE, alongside Hengeler Mueller, in connection with the transaction.

The Cravath team is led by partner Aaron M. Gruber and includes associates Saagar Kaul, Caroline B. Shinkle and Gary R. Uter on M&A matters; partner Lauren Angelilli and associates Kyle R. Jorstad and Alissa B. Fromkin on tax matters; partner Matthew J. Bobby and associates Jana I. Hymowitz and Cortez Johnson on executive compensation and benefits matters; partner Matthew Morreale on environmental matters; partner Matthew M. Kelly, senior attorney Elizabeth Albert and associates Nicolas Thomson and Somi A. Umolu on finance matters; partner John D. Buretta and of counsel Megan Y. Lew on compliance matters; partner Margaret T. Segall on antitrust matters; of counsel Benjamin G. Joseloff on CFIUS matters; practice area attorney Brian M. Budnick on real estate matters; and associate Carys J. Webb on intellectual property matters. Emily R. Eskin also worked on tax matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Tax
  • Executive Compensation and Benefits
  • Environmental
  • Banking and Credit
  • Antitrust
  • Investigations and Regulatory Enforcement
  • Intellectual Property
  • Renewables, Alternative Energy and Sustainability
  • Energy and Natural Resources

People

Photo
Name
Aaron M. Gruber
Title
Corporate
Title
Partner
Email
agruber@cravath.com
Phone
+1-212-474-1456
vCard
Download vCard

    Education

    • J.D., 2007, Stanford Law School
      Order of the Coif
    • M.Phil., 2004, University of Cambridge
      Gates Cambridge Scholar
    • B.S., 2003, Yale College
      summa cum laude

    Admitted In

    • New York
    Name
    Lauren Angelilli
    Title
    Tax
    Title
    Partner
    Email
    langelilli@cravath.com
    Phone
    +1-212-474-1016
    vCard
    Download vCard

      Education

      • J.D., 2000, Harvard Law School
        cum laude
      • B.S., 1996, The Wharton School of the University of Pennsylvania
        magna cum laude

      Admitted In

      • New York
      Photo
      Name
      Matthew J. Bobby
      Title
      Executive Compensation and Benefits
      Title
      Partner
      Email
      mbobby@cravath.com
      Phone
      +1-212-474-1128
      vCard
      Download vCard

        Education

        • J.D., 2012, Harvard Law School
          magna cum laude
        • M.A., 2009, University of Pennsylvania
        • B.A., 2009, University of Pennsylvania
          Phi Beta Kappa, summa cum laude

        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
          Matthew M. Kelly
          Title
          Corporate
          Title
          Partner
          Email
          mkelly@cravath.com
          Phone
          +1-212-474-1318
          vCard
          Download vCard

            Education

            • J.D., 2013, New York University School of Law
              John Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
            • A.B., 2006, Dartmouth College
              cum laude

            Admitted In

            • New York
            Photo
            Name
            John D. Buretta
            Title
            Litigation
            Title
            Partner
            Email
            jburetta@cravath.com
            Phone
            +1-212-474-1260
            vCard
            Download vCard

              Education

              • J.D., 1996, Georgetown University Law Center
                cum laude
              • B.A., 1993, University of California, Berkeley

              Admitted In

              • New York
              • District of Columbia
              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
                Elizabeth Albert
                Title
                Corporate
                Title
                Of Counsel
                Email
                ealbert@cravath.com
                Phone
                +1-212-474-1962
                vCard
                Download vCard

                  Education

                  • J.D., 1987, Yale Law School
                    with Honors
                  • A.B., 1984, Harvard College
                    cum laude

                  Admitted In

                  • New York
                  Photo
                  Name
                  Megan Y. Lew
                  Title
                  Litigation
                  Title
                  Of Counsel
                  Email
                  mlew@cravath.com
                  Phone
                  +1-212-474-1428
                  vCard
                  Download vCard

                    Education

                    • J.D., 2010, New York University School of Law
                      cum laude
                    • B.S., 2004, Cornell University
                      magna cum laude

                    Admitted In

                    • New York
                    Photo
                    Name
                    Benjamin G. Joseloff
                    Title
                    Corporate
                    Title
                    Of Counsel
                    Email
                    bjoseloff@cravath.com
                    Phone
                    +1-212-474-1810
                    vCard
                    Download vCard

                      Education

                      • J.D., 2008, Stanford Law School
                        Pro Bono Distinction
                      • B.A., 2004, New York University
                        Phi Beta Kappa, summa cum laude

                      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

                        Deals & Cases

                        September 18, 2023

                        OMERS Private Equity’s Acquisition of Knight Commercial

                        On September 18, 2023, OMERS Private Equity announced the signing of a definitive agreement to acquire a majority stake in Knight Commercial, a leading provider of commercial restoration services. Cravath is representing OMERS Private Equity in connection with the transaction.

                        Deals & Cases

                        May 30, 2023

                        Oshkosh Corporation’s Acquisition of AeroTech Business from JBT Corporation

                        On May 30, 2023, Oshkosh Corporation (“Oshkosh”), a leading innovator of purpose‑built vehicles and equipment, announced that it has entered into a definitive agreement to acquire the AeroTech business (“AeroTech”) from JBT Corporation in an $800 million all‑cash transaction. AeroTech is a leading provider of aviation ground support products, gate equipment and airport services to commercial airlines, airports, air‑freight carriers, ground handling and military customers. Cravath is representing Oshkosh in connection with the transaction.

                        Deals & Cases

                        September 06, 2022

                        ADT’s $1.2 Billion Equity Investment from State Farm

                        On September 6, 2022, ADT Inc. (“ADT”) and State Farm announced that State Farm has agreed to make a $1.2 billion equity investment in ADT to acquire 133.3 million shares of ADT’s common stock at $9 a share. In connection with State Farm’s equity investment, ADT will be commencing a self‑tender offer for up to 133.3 million shares of its outstanding common stock and Class B common stock at $9 per share, to be funded by the proceeds from the State Farm equity investment. After the equity investment and tender offer close, State Farm will own approximately 15% of ADT. Additionally, State Farm will commit $300 million to an opportunity fund to support product and technology innovation, customer growth and marketing, and Google has separately agreed to commit an incremental $150 million, raising its total success fund commitment to $300 million. Cravath is representing ADT in connection with the transactions.

                        Deals & Cases

                        September 06, 2022

                        Texas Capital Bank’s $3.4 Billion Sale of BankDirect Capital Finance to Truist

                        On September 6, 2022, Texas Capital Bancshares, Inc. (“Texas Capital”) announced it has entered into a definitive agreement to sell BankDirect Capital Finance, LLC (“BankDirect”), its insurance premium finance subsidiary, to AFCO Credit Corporation (“AFCO”), an indirect wholly‑owned subsidiary of Truist Financial Corp. (“Truist”), in an all‑cash transaction for a purchase price of approximately $3.4 billion. This transaction represents the divestiture of the entire business unit including the equity interests of BankDirect and the associated loan balances held by Texas Capital Bank and no parent funding, deposits or capital will be transferred. Cravath is representing Texas Capital 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
                        • DISCLAIMERS
                        • PRIVACY NOTICE
                        • ALUMNI PORTAL
                        • DIVERSITY & INCLUSION
                        • OUR STORY

                        Attorney Advertising. © 2023   Cravath, Swaine & Moore LLP.