Cravath’s London Office Moves to 100 Cheapside
Robert I. Townsend III is Co-Chair of the Global Mergers and Acquisitions Practice. His practice focuses primarily on all types of M&A transactions, corporate governance matters and activist defense.
Mr. Townsend’s clients have included ADT, altafiber, AmerisourceBergen, Anheuser‑Busch InBev, Aon, Atlas Air, Brink’s, Brunswick, Cable One, Canadian National Railway, City Brewing, Conduent, Crown Castle, DiaSorin, Frontier Communications, GreenSky, J.D. Power, Johnson & Johnson, Kenvue, Light & Wonder, MacAndrews & Forbes, Martin Marietta, Nestlé, Olin, Oshkosh, OUTFRONT Media, Pinnacle Foods, Quest Diagnostics, Stanley Black & Decker, Univision, US Foods and Valvoline.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
American Bar Association
New York City Bar Association
New York State Bar Association
Best Lawyers in America
Chambers Global
Chambers USA
IFLR1000
Law360
Lawdragon
The Legal 500 Hall of Fame
The Legal 500 Latin America
The Legal 500 US
The National Law Journal
Super Lawyers
Deals & Cases
November 17, 2025
On November 17, 2025, Johnson & Johnson announced it has entered into a definitive agreement to acquire Halda Therapeutics OpCo, Inc., a clinical‑stage biotechnology company with a proprietary Regulated Induced Proximity TArgeting Chimera (RIPTACTM) platform to develop oral, targeted therapies for multiple types of solid tumors, including prostate cancer, for $3.05 billion in cash. Cravath is representing Johnson & Johnson in connection with the transaction.
Deals & Cases
November 03, 2025
On November 3, 2025, Kenvue Inc. (“Kenvue”), a global consumer health leader, and Kimberly‑Clark Corporation (“Kimberly‑Clark”), a global personal care leader, announced an agreement under which Kimberly‑Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately $48.7 billion, based on the closing price of Kimberly‑Clark common stock on October 31, 2025. Under the terms of the agreement, which has been unanimously approved by each company’s Board of Directors, Kenvue shareholders will receive $3.50 per share in cash as well as 0.14625 Kimberly‑Clark shares for each Kenvue share held at closing. Upon closing of the transaction, current Kenvue shareholders are expected to own approximately 46% and current Kimberly‑Clark shareholders are expected to own approximately 54% of the combined company on a fully diluted basis. Cravath is representing Kenvue in connection with the transaction.
Deals & Cases
August 04, 2025
On August 4, 2025, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that it has entered into a definitive agreement with Quikrete Holdings, Inc. (“Quikrete”) for the exchange of certain assets. Under the terms of the agreement, Martin Marietta will receive aggregates operations producing approximately 20 million tons annually in Virginia, Missouri, Kansas and Vancouver, British Columbia, as well as $450 million of cash. In exchange, Quikrete will receive Martin Marietta’s Midlothian cement plant, related cement terminals and North Texas ready‑mixed concrete assets.
Deals & Cases
July 21, 2025
On July 21, 2025, ZimVie Inc. (“ZimVie”), a global life sciences leader in the dental implant market, announced their entry into a definitive agreement pursuant to which ZimVie will be acquired by an affiliate of ARCHIMED (“ARCHIMED”), an investment firm focused exclusively on healthcare industries. Under the terms of the merger agreement, ZimVie stockholders will receive $19.00 in cash for each share of ZimVie common stock outstanding at the closing of the transaction, corresponding to an enterprise value of approximately $730 million. Cravath is representing ZimVie in connection with the transaction.
Deals & Cases
February 18, 2025
On February 18, 2025, Light & Wonder, Inc. (“Light & Wonder”), the leading cross‑platform global games company, announced that it has entered into a definitive agreement to acquire the charitable gaming assets of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”), a leading provider of electronic pull‑tabs for charitable gaming in the U.S., for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four‑year revenue based earn‑out of up to $200 million cash. Cravath is representing Light & Wonder in connection with the transaction.
Robert I. Townsend III is Co-Chair of the Global Mergers and Acquisitions Practice. His practice focuses primarily on all types of M&A transactions, corporate governance matters and activist defense.
Mr. Townsend’s clients have included ADT, altafiber, AmerisourceBergen, Anheuser‑Busch InBev, Aon, Atlas Air, Brink’s, Brunswick, Cable One, Canadian National Railway, City Brewing, Conduent, Crown Castle, DiaSorin, Frontier Communications, GreenSky, J.D. Power, Johnson & Johnson, Kenvue, Light & Wonder, MacAndrews & Forbes, Martin Marietta, Nestlé, Olin, Oshkosh, OUTFRONT Media, Pinnacle Foods, Quest Diagnostics, Stanley Black & Decker, Univision, US Foods and Valvoline.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
Recent transactions include representing:
Mr. Townsend has been cited as one of the country’s leading practitioners in mergers and acquisitions for over a decade by, among others, Chambers USA, Chambers Global, The Legal 500 US, IFLR1000 and The Best Lawyers in America. In 2018, he was selected as a “Mergers & Acquisitions MVP” by Law360 and a Mergers & Acquisitions Trailblazer by The National Law Journal. Mr. Townsend has been consistently named a leading lawyer for his transactional work in the telecoms and broadcast industry by The Legal 500 US. He has also been recognized for his activism defense work and his transactional work in the technology industry by The Legal 500 US. Additionally, Mr. Townsend has been repeatedly named to Lawdragon’s lists of the “500 Leading Dealmakers in America” and “500 Leading Lawyers in America.”
Mr. Townsend was born in New York, New York. He received an A.B. magna cum laude from Harvard College in 1987 and a J.D. magna cum laude from Harvard Law School in 1990, where he was Executive Editor of the Harvard Law Review.
Mr. Townsend joined Cravath in 1990 and was elected a partner in 1997.
American Bar Association
New York City Bar Association
New York State Bar Association
Best Lawyers in America
Chambers Global
Chambers USA
IFLR1000
Law360
Lawdragon
The Legal 500 Hall of Fame
The Legal 500 Latin America
The Legal 500 US
The National Law Journal
Super Lawyers
Deals & Cases
November 17, 2025
On November 17, 2025, Johnson & Johnson announced it has entered into a definitive agreement to acquire Halda Therapeutics OpCo, Inc., a clinical‑stage biotechnology company with a proprietary Regulated Induced Proximity TArgeting Chimera (RIPTACTM) platform to develop oral, targeted therapies for multiple types of solid tumors, including prostate cancer, for $3.05 billion in cash. Cravath is representing Johnson & Johnson in connection with the transaction.
Deals & Cases
November 03, 2025
On November 3, 2025, Kenvue Inc. (“Kenvue”), a global consumer health leader, and Kimberly‑Clark Corporation (“Kimberly‑Clark”), a global personal care leader, announced an agreement under which Kimberly‑Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately $48.7 billion, based on the closing price of Kimberly‑Clark common stock on October 31, 2025. Under the terms of the agreement, which has been unanimously approved by each company’s Board of Directors, Kenvue shareholders will receive $3.50 per share in cash as well as 0.14625 Kimberly‑Clark shares for each Kenvue share held at closing. Upon closing of the transaction, current Kenvue shareholders are expected to own approximately 46% and current Kimberly‑Clark shareholders are expected to own approximately 54% of the combined company on a fully diluted basis. Cravath is representing Kenvue in connection with the transaction.
Deals & Cases
August 04, 2025
On August 4, 2025, Martin Marietta Materials, Inc. (“Martin Marietta”) announced that it has entered into a definitive agreement with Quikrete Holdings, Inc. (“Quikrete”) for the exchange of certain assets. Under the terms of the agreement, Martin Marietta will receive aggregates operations producing approximately 20 million tons annually in Virginia, Missouri, Kansas and Vancouver, British Columbia, as well as $450 million of cash. In exchange, Quikrete will receive Martin Marietta’s Midlothian cement plant, related cement terminals and North Texas ready‑mixed concrete assets.
Deals & Cases
July 21, 2025
On July 21, 2025, ZimVie Inc. (“ZimVie”), a global life sciences leader in the dental implant market, announced their entry into a definitive agreement pursuant to which ZimVie will be acquired by an affiliate of ARCHIMED (“ARCHIMED”), an investment firm focused exclusively on healthcare industries. Under the terms of the merger agreement, ZimVie stockholders will receive $19.00 in cash for each share of ZimVie common stock outstanding at the closing of the transaction, corresponding to an enterprise value of approximately $730 million. Cravath is representing ZimVie in connection with the transaction.
Deals & Cases
February 18, 2025
On February 18, 2025, Light & Wonder, Inc. (“Light & Wonder”), the leading cross‑platform global games company, announced that it has entered into a definitive agreement to acquire the charitable gaming assets of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”), a leading provider of electronic pull‑tabs for charitable gaming in the U.S., for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four‑year revenue based earn‑out of up to $200 million cash. Cravath is representing Light & Wonder in connection with the transaction.
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