Cravath Publishes Winter 2026 Issue of Alumni Journal
Of Counsel, Executive Compensation and Benefits
Sarah W. Colangelo focuses her practice on executive compensation and employee benefit matters, principally in connection with mergers and acquisitions, securities offerings and other corporate transactions.
Ms. Colangelo’s notable transactions include representing:
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was named of counsel in 2023.
Ms. Colangelo’s notable transactions include representing:
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was named of counsel in 2023.
Deals & Cases
June 29, 2026
On June 29, 2026, Martin Marietta Materials, Inc. (“Martin Marietta”), a leading supplier of aggregates and other building materials, announced that it has entered into a definitive agreement to combine with Lhoist North America, Inc. (“Lhoist North America”), a leading producer of hi‑calcium lime, dolomitic lime and industrial mineral products and a subsidiary of Lhoist Group, for $13.5 billion in cash and shares of Martin Marietta common stock. The transaction is expected to be completed in the second half of 2026, subject to regulatory approvals. Cravath is representing Martin Marietta in connection with the transaction.
Deals & Cases
February 24, 2026
On February 24, 2026, ADT, a leading provider of security, interactive and smart home solutions serving residential and small business customers in the U.S., announced it has acquired Origin Wireless, Inc. (“Origin”), bringing Origin’s AI sensing platform and related intellectual property into the ADT ecosystem. The purchase price for the transaction was $170 million in cash, subject to customary purchase price adjustments. Cravath is representing ADT in connection with the transaction.
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
October 02, 2025
On October 2, 2025, Occidental, an international energy company, and Berkshire Hathaway announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all‑cash transaction for $9.7 billion, subject to customary purchase price adjustments. Cravath is representing Occidental in connection with the transaction.
Sarah W. Colangelo focuses her practice on executive compensation and employee benefit matters, principally in connection with mergers and acquisitions, securities offerings and other corporate transactions.
Ms. Colangelo’s notable transactions include representing:
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was named of counsel in 2023.
Ms. Colangelo’s notable transactions include representing:
Ms. Colangelo considers Charleston, South Carolina her home. She received a B.A. summa cum laude from Duke University in 2007 where she was elected to Phi Beta Kappa and a J.D. magna cum laude from Georgetown Law School in 2014, where she was the Editor‑in‑Chief of The Tax Lawyer and elected to the Order of the Coif. Prior to attending law school, Ms. Colangelo served in the United States Navy. Ms. Colangelo joined Cravath in 2014 and was named of counsel in 2023.
Deals & Cases
June 29, 2026
On June 29, 2026, Martin Marietta Materials, Inc. (“Martin Marietta”), a leading supplier of aggregates and other building materials, announced that it has entered into a definitive agreement to combine with Lhoist North America, Inc. (“Lhoist North America”), a leading producer of hi‑calcium lime, dolomitic lime and industrial mineral products and a subsidiary of Lhoist Group, for $13.5 billion in cash and shares of Martin Marietta common stock. The transaction is expected to be completed in the second half of 2026, subject to regulatory approvals. Cravath is representing Martin Marietta in connection with the transaction.
Deals & Cases
February 24, 2026
On February 24, 2026, ADT, a leading provider of security, interactive and smart home solutions serving residential and small business customers in the U.S., announced it has acquired Origin Wireless, Inc. (“Origin”), bringing Origin’s AI sensing platform and related intellectual property into the ADT ecosystem. The purchase price for the transaction was $170 million in cash, subject to customary purchase price adjustments. Cravath is representing ADT in connection with the transaction.
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
October 02, 2025
On October 2, 2025, Occidental, an international energy company, and Berkshire Hathaway announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all‑cash transaction for $9.7 billion, subject to customary purchase price adjustments. Cravath is representing Occidental in connection with the transaction.
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