Corporate

Cravath represented the agent and lenders in connection with Apax Partners’ €1.5 billion acquisition of Centor Holding US, Inc. and certain entities and assets representing the primary packaging plastics business of the Gerresheimer Group, a leading global partner for pharmaceutical primary packaging, drug delivery systems and solutions. On October 2, 2026, Gerresheimer Group announced the acquisition of Centor Holding was successfully completed.

Cravath represented the underwriters in connection with the $500 million registered notes offering of Brown‑Forman Corporation, a leading global spirits company. The transaction closed on September 21, 2026.

On September 30, 2026, Westinghouse Electric Company (“Westinghouse”) and Brookfield Asset Management (“Brookfield”) welcomed the new strategic partnership between the U.S. Government and the Republic of Korea (“Korea”) to support the deployment of Westinghouse technology in the U.S. Under the partnership, Korea commits up to $120 billion of investment to help finance the construction of eight nuclear reactors in the U.S., including six Westinghouse AP1000 reactors and two Korean APR1400 reactors which also incorporate Westinghouse technology. The partnership also provides for a cornerstone equity investment of between 5% and 10% in Westinghouse by Korea. Cravath is representing Westinghouse and Brookfield in connection with the strategic partnership.

Cravath represented the underwriters in connection with the $3 billion senior notes offering of Analog Devices, Inc., a world leader in the design, manufacture and marketing of a broad portfolio of solutions that leverage high‑performance analog, mixed‑signal and digital signal processing technology, including integrated circuits, algorithms, software and subsystems. The transaction closed on September 17, 2026.

On October 1, 2026, Corteva, Inc. (“Corteva”) announced it has successfully spun off its advanced seed and genetics business as a new public company, Vylor, Inc., and will move forward as a leading, pure‑play global crop protection company. Cravath is representing Corteva in connection with the transaction.

Cravath partners Alyssa K. Caples and Nicholas A. Dorsey participated in the International Bar Association’s 2026 Annual Conference, which was held from October 4‑9, 2026, in Copenhagen, Denmark. Alyssa co‑chaired a panel entitled “The Little Mermaid: Challenges in Cross‑Border Offerings,” which discussed the nature of the requirements and challenges that characterize cross‑border securities offerings and how best to deal with them. Nick spoke on a panel entitled “Directors in the Age of AI: Oversight and Risk in Closely Held Companies,” which examined how AI adoption is transforming operations, risk profiles and value creation in closely held companies and what boards must do in response.

On October 5, 2026, Cravath partner Jeffrey T. Dinwoodie participated in the 2026 Blockchain Regulatory Symposium, hosted by Fordham Law School in New York City. The symposium focused on the future of innovation and regulation for digital assets. Jeff spoke on a panel entitled “Vaults & Everything Apps,” which explored legal and regulatory issues and considerations around crypto vaults and related lending arrangements.

Cravath partner Ryan J. Wichtowski participated in AI & IP USA 2026, hosted by World IP Review, which was held from October 6‑7, 2026, in New York City. The event brought together senior IP leaders to share practical examples of how they are using AI to improve efficiency, strengthen decision‑making and create greater value for their organizations. Ryan led a roundtable on how IP teams can prepare for AI.

On October 6, 2026, Cravath prepared a memo for its clients entitled “SEC Proposes to Rescind Rule 14a‑8’s ‘Federal Regulation’ of Shareholder Proposals, Amend Rule 14a‑4 and Modernize Proxy Solicitations.” The memo discusses the U.S. Securities and Exchange Commission’s proposed changes to the federal proxy rules, including rescinding Rule 14a‑8, which would end federal regulation as to when a shareholder proposal must be included in a company’s proxy statement, and amending Rule 14a‑4 to expand companies’ ability to exercise discretionary voting authority, with respect to proxies that they receive, on proposals that will be presented at a shareholder meeting but are not included in the company’s proxy materials.

On October 1, 2026, Cravath partner David J. Kappos participated in LOT Network Bridge 2026, LOT Network’s annual member meeting, which was held in Menlo Park, California. The event provided an exclusive opportunity for leading companies from across the globe to share ideas, learn from intellectual property experts and build stronger networks. Dave, former Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (“USPTO”), co‑delivered a keynote presentation alongside John Squires, the current Under Secretary of Commerce for Intellectual Property and Director of the USPTO, entitled “A Directors’ Fireside Chat.”