Dealmaker and Team Shaper: Scarlet McNellie’s Formula for Success
Scarlet McNellie’s career at Norton Rose Fulbright offers a rare glimpse into what persistence and vision can yield at a large law firm when paired with loyalty.
Annual Dykema M&A Survey Cites “Cautious Optimism”; Q3 CDT Stats Validate Both
In Dykema's 21st Annual Mergers & Acquisitions Outlook Survey the operative words are "cautious optimism" with an emphasis on optimism: 74 percent of respondents saying the M&A market will strengthen over the next 12 months. Let's dig into the survey and see what data from the Corporate Deal Tracker says, as well.
Sonida Senior Living to Acquire CNL Healthcare Properties for $1.8B
The combined companies will operate under Sonida, which will continue to be traded on the NYSE. Acquisition of the non-traded REIT and its more than 7,500 senior living units, creates the eighth largest owner of senior living assets in the nation. Outside legal counsel included Fried Frank, Sidley Austin and Arnold & Porter.
Ovintiv Acquires Canada’s NuVista Energy for $2.7B
Gibson Dunn, Paul Weiss and Vinson & Elkins were among the firms advising on the deal that complements Ovintiv's assets on both sides of the border; in the Permian as well as Canada's Montney Basin in northwestern Alberta and beyond.
Houston Energy M&A Partner Returns to V&E
Vinson & Elkins has hired Houston energy M&A partner Chris Bennett. He is returning to V&E after a couple of years as a partner at Weil.
Kimberly-Clark Buys Kenvue in $48.7B Deal that Forms Consumer Products Monolith
Kimberly-Clark Corp. said Monday that it has agreed to acquire Kenvue Inc. in a cash and stock deal that values the maker of Tylenol, which was spun off by Johnson & Johnson in 2023, at about $48.7 billion.
Kirkland & Ellis is Kimberly-Clark’s outside legal counsel and Grant McGee is the company’s general counsel. In-house lawyers for Kimberly-Clark who assisted McGee on the deal included vice president and deputy general counsel Courtney Roane on M&A activities and vice president and deputy general counsel Suzana Blades on litigation matters, as well as vice president, deputy general counsel and chief compliance officer Adam Crawford on regulatory matters.
SM Energy, Civitas Resources to Combine in $12.8B Transaction
Gibson Dunn and Kirkland & Ellis advised on the deal, which will create the 10th largest oil & gas independent in the nation.
The Art of the Complicated Deal: Dealmakers Level Up
Deals involving hundreds of millions and billions of dollars are, by their nature, complicated. But over the past two years, publicly reported deals, even as described in their regulatory releases, have grown more intricate and detailed. The reasons vary from deal to deal, but complexity has become a near constant.
