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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, hedge funds, financial advisors and other financial institutions and investors on their most important merger, acquisitions and takeover transactions.

Qualcomm Enters into Amended Definitive Agreement to Acquire NXP for $44 Billion

Paul, Weiss is representing Qualcomm Incorporated in its amended agreement with NXP Semiconductors N.V. to increase to $127.50 per share its previously announced cash tender offer to purchase all outstanding shares of NXP. The amended agreement also lowers the minimum tender condition from 80 percent of NXP's outstanding shares to 70 percent. The firm also advised Qualcomm in binding agreements with nine NXP stockholders who collectively own more than 28 percent of NXP's outstanding shares (excluding additional economic interests through derivatives) to tender their shares at $127.50 per share. These stockholders include funds affiliated with Elliott Advisors (UK) Limited and Soroban Capital Partners LP.

The Paul, Weiss team included corporate partners Scott Barshay, Steven Williams, David Klein, Eric Goodison and John Kennedy and counsel Justin Rosenberg and Patricia Vaz de Almeida; tax partners Patrick Karsnitz and Jeffrey Samuels; intellectual property partner Claudine Meredith-Goujon and counsel Jonathan Ashtor; and litigation counsel Kira Davis.

February 20, 2018

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