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.
Platform Specialty Products Announces Proposed Acquisition of Alent plc for Approximately $2.3 Billion
- Client News
- July 13, 2015
Paul, Weiss client Platform Specialty Products Corporation and Alent plc announced the terms of a recommended offer by Platform to acquire all of the issued and outstanding shares of Alent in a cash and stock transaction for approximately $2.1 billion. Including the net debt, the total transaction value is approximately $2.3 billion. The transaction will be implemented by way of a court-sanctioned scheme of arrangement under U.K. law. Platform is a global, diversified producer of high technology specialty chemical products and provider of technical services. Alent is a global supplier of specialty chemicals and engineered materials used primarily in electronics, automotive and industrial applications.
The Paul, Weiss team was led by partners Jeffrey Samuels, Jeffrey Marell, John Kennedy and Ross Fieldston; securities counsel John Satory; tax counsel Alyssa Wolpin; and environmental counsel William O'Brien.