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.
Nichi-Iko Pharmaceutical to Acquire Sagent Pharmaceuticals
- Client News
- July 10, 2016
Paul, Weiss client Nichi-Iko Pharmaceutical Co., Ltd., the
largest generic drug manufacturer in Japan by sales, announced that
it has agreed to acquire Sagent Pharmaceuticals, Inc. in an
all-cash tender offer followed by a second-step cash merger, for a
total consideration of approximately $736 million. This transaction
is the next step in Nichi-Iko's announced strategy to become one of
the world's top 10 generic drug makers. The signing concluded a
lengthy and challenging auction process. The transaction is
expected to close in the third quarter of 2016.
The Paul, Weiss team included corporate partners Toby Myerson
and Tong Yu and
counsel Scott
Grader, Chikara Momota and Patricia
Vaz de Almeida; finance partner Dale Sarro and counsel Stephen Koo;
employee benefits partner Lawrence Witdorchic and counsel
Jason Ertel;
tax partner Richard Bronstein; intellectual
property partner Claudine Meredith-Goujon;
litigation partners Stephen Lamb, Walter
Ricciardi and Catherine Nyarady and counsel Peter Sandel;
international trade counsel Richard Elliott; environmental
counsel William J. O'Brien; real estate
partner Peter
Fisch; and antitrust counsel Marta Kelly.