Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms on their most important mergers, acquisitions and takeover transactions.
Paul, Weiss Represents Western Coal in Walter Energy Purchase
The previously announced plan of arrangement between Walter Energy, Inc., a leading U.S. producer and exporter of premium hard coking coal for the global steel industry, and Paul, Weiss client Western Coal Corp., a producer of high-quality metallurgical coal and compliant thermal coal was consummated on April 1. The companies have agreed to a definitive agreement whereby Walter Energy would acquire the outstanding common shares of Western Coal for CAD$11.50 per share for a total consideration of approximately CAD$3.3 billion (US$3.2 billion).
The Paul, Weiss team that provided U.S. counsel to Western Coal included M&A partners Matthew W. Abbott and Robert B. Schumer; finance partner Valerie Radwaner; environmental partner Gaines Gwathmey, employee benefits partner Lawrence I. Witdorchic; tax partner David R. Sicular; real estate partner Harris B. Friedus; securities partners Andrew J. Foley and Edwin S. Maynard; bankruptcy partner Brian S. Hermann; antitrust partners Moses Silverman and Joseph J. Simons, and counsel Didier Malaquin.