Nicoleta D. Lupea focuses her practice on advising clients in mergers and acquisitions, capital markets transactions, including equity and high‑yield debt offerings, and public disclosure as well as general corporate matters. Ms. Lupea also dedicates a portion of her practice to providing commercial and strategic advice to early‑stage and growth companies as well as investors in such companies.
Ms. Lupea’s corporate clients have included Ahold Delhaize, Cable One, Climeworks, H&M, IBM, INEOS, Micro Focus, Newcrest, Peugeot, Rothschild, Saint Gobain, Scientific Games, Starwood Hotels and Toll Brothers. She has also represented leading financial institutions as underwriters and initial purchasers in various offerings.
Ms. Lupea’s notable M&A transactions include representing:
- Newcrest in its A$28.8 billion acquisition by Newmont and its $2.8 billion acquisition of Pretivm
- Rothschild & Co and its largest shareholder, Concordia, in the take‑private transaction of Rothschild
- Micro Focus in its $6 billion acquisition by OpenText
- Peugeot in its $50 billion merger with Fiat Chrysler to form Stellantis
- IBM in its acquisitions of Agile 3 Solutions, Bluewolf and Promontory
- Starwood Hotels in its $13.3 billion sale to Marriott International and in connection with a competing, unsolicited acquisition proposal from a consortium consisting of Anbang Insurance Group, J.C. Flowers & Co. and Primavera Capital
Ms. Lupea’s notable capital markets transactions include:
- Representing Climeworks in an equity financing round and H&M in Kintra Fibers’ Series A financing round
- Equity offerings for State Street and William Lyon Homes
- Investment grade debt offerings for British American Tobacco, Hewlett Packard Enterprise, Service Corporation International and State Street
- High-yield debt offerings for Afflelou, Arrow Global, Cable One, CGG, Chemours, INEOS, Infopro Digital, Hunkemöller, Schenck Process, Toll Brothers, Welltec and William Lyon Homes
Ms. Lupea has been recognized for her work in capital markets by The Legal 500 UK.
Ms. Lupea was born in Turda, Romania. She received a B.B.A. magna cum laude from Baruch College in 2010 and a J.D. cum laude from Georgetown University Law Center in 2014. Concurrently, Ms. Lupea received her Master in Economic Law degree from Sciences Po in Paris.
Ms. Lupea was seconded to the Paris office of Bredin Prat in 2018-2019.
Ms. Lupea joined Cravath in 2014 and was elected European counsel in 2021.
Ms. Lupea’s notable M&A transactions include representing:
- Newcrest in its A$28.8 billion acquisition by Newmont and its $2.8 billion acquisition of Pretivm
- Rothschild & Co and its largest shareholder, Concordia, in the take‑private transaction of Rothschild
- Micro Focus in its $6 billion acquisition by OpenText
- Peugeot in its $50 billion merger with Fiat Chrysler to form Stellantis
- IBM in its acquisitions of Agile 3 Solutions, Bluewolf and Promontory
- Starwood Hotels in its $13.3 billion sale to Marriott International and in connection with a competing, unsolicited acquisition proposal from a consortium consisting of Anbang Insurance Group, J.C. Flowers & Co. and Primavera Capital
Ms. Lupea’s notable capital markets transactions include:
- Representing Climeworks in an equity financing round and H&M in Kintra Fibers’ Series A financing round
- Equity offerings for State Street and William Lyon Homes
- Investment grade debt offerings for British American Tobacco, Hewlett Packard Enterprise, Service Corporation International and State Street
- High-yield debt offerings for Afflelou, Arrow Global, Cable One, CGG, Chemours, INEOS, Infopro Digital, Hunkemöller, Schenck Process, Toll Brothers, Welltec and William Lyon Homes
Ms. Lupea has been recognized for her work in capital markets by The Legal 500 UK.
Ms. Lupea was born in Turda, Romania. She received a B.B.A. magna cum laude from Baruch College in 2010 and a J.D. cum laude from Georgetown University Law Center in 2014. Concurrently, Ms. Lupea received her Master in Economic Law degree from Sciences Po in Paris.
Ms. Lupea was seconded to the Paris office of Bredin Prat in 2018-2019.
Ms. Lupea joined Cravath in 2014 and was elected European counsel in 2021.
Education
-
J.D., 2014, Georgetown University Law Centercum laude
-
M.A., 2014, Sciences Po
-
B.B.A., 2010, Baruch College CUNYmagna cum laude
Admitted In
- New York
Rankings
The Legal 500 UK
- Equity Capital Markets (2025)
Deals & Cases
May 13, 2024
Smurfit Kappa’s $2.75 Billion Senior Green Notes Offering
Cravath represented the initial purchasers in connection with the $2.75 billion 144A/Reg. S senior green notes offering of Smurfit Kappa Treasury Unlimited Company, a wholly owned subsidiary of Smurfit Kappa Group plc, one of the world’s largest integrated manufacturers of paper‑based packaging products, with operations in Europe, Latin America, the United States and Canada. The notes were listed on the Global Exchange Market. The transaction closed on April 3, 2024.
Deals & Cases
May 15, 2023
Newcrest’s A$28.8 Billion Acquisition by Newmont
On May 15, 2023, Newcrest Mining Limited (“Newcrest”) announced it has entered into a binding scheme implementation deed with Newmont Corporation (“Newmont”), in relation to a proposal for Newmont to acquire 100% of the issued shares in Newcrest by way of a scheme of arrangement. Under the terms of the agreement, Newcrest shareholders will be entitled to receive 0.400 Newmont shares for each Newcrest share held (“Scheme Consideration”). In addition, Newcrest will be permitted to pay a franked special dividend of up to $1.10 per share on or around the implementation of the scheme of arrangement. The Scheme Consideration which would be received by Newcrest shareholders under the proposed transaction, when aggregated with the franked special dividend, represents an implied equity value of A$26.2 billion and enterprise value for Newcrest of A$28.8 billion. Cravath is representing Newcrest as U.S. counsel in connection with the transaction.
Publications
February 06, 2025
Cravath Venture Capital & Growth Equity Insights: 2024 Recap and 2025 Outlook
On February 5, 2025, Cravath published the latest edition of its Cravath Venture Capital & Growth Equity Insights newsletter (formerly the Cravath Emerging Company and Venture Capital Insights newsletter), entitled “2024 Recap and 2025 Outlook.” The newsletter provides an overview of global venture capital and related activity during the second half of 2024 and examines emerging fundraising opportunities, key exit trends and increasing secondaries markets activity; offers insights on artificial intelligence investment and cryptocurrency valuation; and provides updates on regulatory developments.
Nicoleta D. Lupea focuses her practice on advising clients in mergers and acquisitions, capital markets transactions, including equity and high‑yield debt offerings, and public disclosure as well as general corporate matters. Ms. Lupea also dedicates a portion of her practice to providing commercial and strategic advice to early‑stage and growth companies as well as investors in such companies.
Ms. Lupea’s corporate clients have included Ahold Delhaize, Cable One, Climeworks, H&M, IBM, INEOS, Micro Focus, Newcrest, Peugeot, Rothschild, Saint Gobain, Scientific Games, Starwood Hotels and Toll Brothers. She has also represented leading financial institutions as underwriters and initial purchasers in various offerings.
Ms. Lupea’s notable M&A transactions include representing:
- Newcrest in its A$28.8 billion acquisition by Newmont and its $2.8 billion acquisition of Pretivm
- Rothschild & Co and its largest shareholder, Concordia, in the take‑private transaction of Rothschild
- Micro Focus in its $6 billion acquisition by OpenText
- Peugeot in its $50 billion merger with Fiat Chrysler to form Stellantis
- IBM in its acquisitions of Agile 3 Solutions, Bluewolf and Promontory
- Starwood Hotels in its $13.3 billion sale to Marriott International and in connection with a competing, unsolicited acquisition proposal from a consortium consisting of Anbang Insurance Group, J.C. Flowers & Co. and Primavera Capital
Ms. Lupea’s notable capital markets transactions include:
- Representing Climeworks in an equity financing round and H&M in Kintra Fibers’ Series A financing round
- Equity offerings for State Street and William Lyon Homes
- Investment grade debt offerings for British American Tobacco, Hewlett Packard Enterprise, Service Corporation International and State Street
- High-yield debt offerings for Afflelou, Arrow Global, Cable One, CGG, Chemours, INEOS, Infopro Digital, Hunkemöller, Schenck Process, Toll Brothers, Welltec and William Lyon Homes
Ms. Lupea has been recognized for her work in capital markets by The Legal 500 UK.
Ms. Lupea was born in Turda, Romania. She received a B.B.A. magna cum laude from Baruch College in 2010 and a J.D. cum laude from Georgetown University Law Center in 2014. Concurrently, Ms. Lupea received her Master in Economic Law degree from Sciences Po in Paris.
Ms. Lupea was seconded to the Paris office of Bredin Prat in 2018-2019.
Ms. Lupea joined Cravath in 2014 and was elected European counsel in 2021.
Ms. Lupea’s notable M&A transactions include representing:
- Newcrest in its A$28.8 billion acquisition by Newmont and its $2.8 billion acquisition of Pretivm
- Rothschild & Co and its largest shareholder, Concordia, in the take‑private transaction of Rothschild
- Micro Focus in its $6 billion acquisition by OpenText
- Peugeot in its $50 billion merger with Fiat Chrysler to form Stellantis
- IBM in its acquisitions of Agile 3 Solutions, Bluewolf and Promontory
- Starwood Hotels in its $13.3 billion sale to Marriott International and in connection with a competing, unsolicited acquisition proposal from a consortium consisting of Anbang Insurance Group, J.C. Flowers & Co. and Primavera Capital
Ms. Lupea’s notable capital markets transactions include:
- Representing Climeworks in an equity financing round and H&M in Kintra Fibers’ Series A financing round
- Equity offerings for State Street and William Lyon Homes
- Investment grade debt offerings for British American Tobacco, Hewlett Packard Enterprise, Service Corporation International and State Street
- High-yield debt offerings for Afflelou, Arrow Global, Cable One, CGG, Chemours, INEOS, Infopro Digital, Hunkemöller, Schenck Process, Toll Brothers, Welltec and William Lyon Homes
Ms. Lupea has been recognized for her work in capital markets by The Legal 500 UK.
Ms. Lupea was born in Turda, Romania. She received a B.B.A. magna cum laude from Baruch College in 2010 and a J.D. cum laude from Georgetown University Law Center in 2014. Concurrently, Ms. Lupea received her Master in Economic Law degree from Sciences Po in Paris.
Ms. Lupea was seconded to the Paris office of Bredin Prat in 2018-2019.
Ms. Lupea joined Cravath in 2014 and was elected European counsel in 2021.
Education
-
J.D., 2014, Georgetown University Law Centercum laude
-
M.A., 2014, Sciences Po
-
B.B.A., 2010, Baruch College CUNYmagna cum laude
Admitted In
- New York
Rankings
The Legal 500 UK
- Equity Capital Markets (2025)
Deals & Cases
May 13, 2024
Smurfit Kappa’s $2.75 Billion Senior Green Notes Offering
Cravath represented the initial purchasers in connection with the $2.75 billion 144A/Reg. S senior green notes offering of Smurfit Kappa Treasury Unlimited Company, a wholly owned subsidiary of Smurfit Kappa Group plc, one of the world’s largest integrated manufacturers of paper‑based packaging products, with operations in Europe, Latin America, the United States and Canada. The notes were listed on the Global Exchange Market. The transaction closed on April 3, 2024.
Deals & Cases
May 15, 2023
Newcrest’s A$28.8 Billion Acquisition by Newmont
On May 15, 2023, Newcrest Mining Limited (“Newcrest”) announced it has entered into a binding scheme implementation deed with Newmont Corporation (“Newmont”), in relation to a proposal for Newmont to acquire 100% of the issued shares in Newcrest by way of a scheme of arrangement. Under the terms of the agreement, Newcrest shareholders will be entitled to receive 0.400 Newmont shares for each Newcrest share held (“Scheme Consideration”). In addition, Newcrest will be permitted to pay a franked special dividend of up to $1.10 per share on or around the implementation of the scheme of arrangement. The Scheme Consideration which would be received by Newcrest shareholders under the proposed transaction, when aggregated with the franked special dividend, represents an implied equity value of A$26.2 billion and enterprise value for Newcrest of A$28.8 billion. Cravath is representing Newcrest as U.S. counsel in connection with the transaction.
Publications
February 06, 2025
Cravath Venture Capital & Growth Equity Insights: 2024 Recap and 2025 Outlook
On February 5, 2025, Cravath published the latest edition of its Cravath Venture Capital & Growth Equity Insights newsletter (formerly the Cravath Emerging Company and Venture Capital Insights newsletter), entitled “2024 Recap and 2025 Outlook.” The newsletter provides an overview of global venture capital and related activity during the second half of 2024 and examines emerging fundraising opportunities, key exit trends and increasing secondaries markets activity; offers insights on artificial intelligence investment and cryptocurrency valuation; and provides updates on regulatory developments.
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.
Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.