Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 01-04-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | The Carlyle Group Acquisition of Ortho-Clinical Diagnostics Business | Industry: | Healthcare Equipment & Services |
| Description: |
On March 31, 2014, Johnson & Johnson announced that it has accepted the binding offer from The Carlyle Group, which was received and announced on January 16, 2014, to acquire its Ortho-Clinical Diagnostics business for approximately US$4 billion, subject to customary adjustments. Cravath represented Johnson & Johnson in connection with this transaction. The transaction is expected to close toward the middle of the year, upon satisfaction of customary closing conditions.
The Cravath team included partners Robert I. Townsend III and Damien R. Zoubek and associates Alexander Muller and Stephanie L. Alexis on M&A matters and associate Jarrett R. Hoffman on executive compensation and benefits matters. Ryan M. Farha and Mathieu Francon also worked on M&A matters and Matthew J. Bobby also worked on executive compensation and benefits matters.
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| Financial Center: | New York | Value: | 1000.01-5000.00 |
| Advised Party: | Vendor | Law Firm | Cravath |
| Target Company Jurisdiction | United States | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Primary Buy-Out |
Lawyer | Robert I Townsend III |
