Mergers, Acquisitions and Joint Ventures

Cleary Gottlieb represents a diverse range of international and domestic companies and financial institutions in not only the largest mergers and acquisitions, but also many first-of-their-kind transactions that raise standards and set precedents in industries globally. We excel in domestic M&A transactions in the United States, Europe, Latin America and Asia, and our unparalleled experience and unified global practice heighten our ability to seamlessly handle cross-border transactions. Most of our M&A partners globally are rated as leaders in their field by authoritative external commentators and publications such as Chambers and The American Lawyer. Our teams in the United States, Europe and Asia have deep knowledge of local law and business custom and a peerless global reputation for handling headline transactions across the full array of industries. 


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Practice Highlights What Others Say About Our Practice

Google in Acquisition of Motorola Mobility

Agilent Technologies in $2.2 Billion Acquisition of Dako

GlaxoSmithKline in Unsolicited Proposal to Acquire Human Genome Sciences

Sony on its Acquisition of a 50 Percent Stake in Sony Ericsson Mobile Communications

Family Dollar in Obtaining Agreement by Trian to Withdraw Unsolicited $7.7 Billion Takeover Proposal

The Coca-Cola Company in Acquisition of Great Plains Coca-Cola Bottling Company

Bank of America in $8.3 Billion Sale of Shares of China Construction Bank

Asahi Kasei in $2.21 Billion Tender Offer for ZOLL Medical

Goldman Sachs in Sale of Litton Loan Servicing

Nortel in Sale of Residual Patent Assets Through Bankruptcy Auction

TPG in its Investment in Creative Artists Agency

Iraq Oil Ministry in $17 Billion Basrah Gas Company Joint Venture

Warburg Pincus and Vestar Capital in Acquisition of Triton Containers

Dollar Thrifty in Acquisition by Hertz

América Móvil in Acquisition of Honduras and El Salvador Wireless Providers and Sale of Jamaican Operations

Hewlett-Packard in $2.35 Billion Acquisition of 3PAR

Alpha Natural Resources in $8.5 Billion Acquisition of Massey Energy

FEMSA in $7.35 Billion Strategic Exchange with Heineken

Corporate/M&A Firm of the Year
Chambers Latin America (2010)

Five of the Top M&A Deals of the Year
(Google/Motorola Mobility, Dexia’s breakup, Grupo Bimbo/Sara Lee, Nortel’s patent auction, Bank of America’s asset sales)
The Deal (2012)

Best Cross-Border M&A Deal
(AEI’s sale of Latin American assets)
LatinFinance (2012)
Outbound Investment Deal of the Year
(Cementos Argos' acquisition of Lafarge's U.S. assets)
Latin Lawyer (2012)

America's M&A Deal of the Year,
M&A Deal of the Year 
(Nortel’s patent auction)
International Financial Law Review (2012), Managing Intellectual Property (2011)  

M&A Deal of the Year
(Grupo Bimbo’s acquisition of Sara Lee’s bakery assets)
Managing Intellectual Property (2011) 

#1 in Latin America M&A
Thomson Reuters (2011 Rankings) (Completed, value)

#1 in Mexican M&A
Thomson Reuters (2011 Rankings) (Completed, value) 
#1 in Russian M&A 
Thomson Reuters (2011 Rankings) (Completed, value) 
#2 in Greater China M&A
mergermarket (2011 Rankings) (Announced, value)

#2 in Global Metals & Mining M&A 
mergermarket (2011 Rankings) (Announced, value)

#2 in Asian Telecommunications M&A (Excluding Japan) 
Thomson Reuters (2011 Rankings) (Announced, value)

M&A Deal of the Year, Americas M&A Deal of the Year
(Heineken’s acquisition of FEMSA’s beer operations)
Latin Lawyer (2011), International Financial Law Review (2011)
Europe M&A Transaction of the Year
(Merck & Co./sanofi-aventis joint venture)
Global Competition Review (2011)

Two of the Top Ten Global Oil & Gas M&A Deals of the Year
(ExxonMobil’s acquisition of XTO Energy and Gazprom’s acquisition of a stake in JSC Gazprom Neft)
Legal Business (2010)
Telecom Deal of the Year
(Nortel’s asset sales)
Investment Dealers’ Digest (2010)

M&A Deal of the Year
(Fiat’s acquisition of Chrysler)
Investment Dealers’ Digest (2010)

Two of the Top Ten Business Deals of the Year
(HP’s acquisition of EDS and Google’s acquisition of AdMob)
TIME (2009)
“Sources praise Cleary Gottlieb for its expertise in all aspects of domestic and cross-border M&A across Europe, Asia and the USA. Its office opening in São Paulo strengthens its already significant Latin America capability. The firm has been particularly active in the energy and resources sector, and as counsel to financial institutions and consumer product companies. ‘Cleary proved to be of invaluable help in keeping the deal moving forward effectively and liaising with our local counterpart.’”
Chambers Global (2012)

“Admiring feedback from all sides reflects this U.S. firm’s continuing and undisputed membership of the M&A elite. Sources enthuse about this sizeable group’s breadth and depth of practice, and its ability to bring serious gravitas to a case. It focuses on the high end of the market. Its capacity and quality of work are excellent both on the international and on the domestic level. ‘The best U.S. firm on the market for corporate and M&A, offering a great depth of practice.’ ‘Doing an excellent job across the board.’”
Chambers Europe (2012)

“Cleary was involved in many of the largest Latin American transactions of recent times and is the undisputed market leader. … ‘It has the most knowledgeable partner base of any firm, and the deepest bench – there are ten to 12 partners I would feel comfortable asking a question, and all would respond without billing. Beyond that, they are all pleasant, personable people,’ clients say.”
Chambers Latin America (2012)

“This U.S. firm is often chosen by clients for some of the more complex and innovative deals that arise in the Asia market. Sources say: ‘Excellent service.’ ‘They were invaluable in helping to move the deal forwards effectively.’” 
Chambers Asia (2012)

“According to clients, Cleary Gottlieb is ‘synonymous with expertise, knowledge and reliability.’”
Chambers UK (2012)

“This US firm has made its global network a priority which is reflected in its prominence in major markets such as the USA, Asia, the Middle East, the UK, Europe and Latin America. The firm is able to advise on a whole raft of corporate and M&A matters, across industry sectors for its global and domestic clients. Sources say: ‘Cleary is very impressive and has great international reach.’”
Chambers Global (2011)

“Cleary Gottlieb is a highly respected option for large-scale M&A and capital markets matters, particularly those involving international and cross-border elements. … ‘The lawyers look after clients’ interests and are a pleasure to work with.’”
Chambers USA (2011)

“This elite U.S. firm has been active in the European market for more than 60 years and has grown to eight offices since its arrival on the continent. The Paris office was the first to be established and remains a jewel in the firm’s crown…The Russian team is a key player in energy transactions…The firm retains strong connections with its roots, often handling work that involves a U.S. element. ... ‘An absolute benchmark in energy-related M&A.’”
Chambers Europe (2011)

“The long-established London office of Cleary Gottlieb houses ‘extremely skilled corporate partners.’ Sources praise the firm for its ‘well-configured business structure that understands what it means to be international.’”
Chambers UK (2011)

“Clients rate Cleary Gottlieb’s ‘notable depth of experience and practical know-how in M&A. It works exceptionally hard and responds fast, providing strong advice even when it knows it will be difficult to receive.’ Clients also speak very highly of the firm’s associated antitrust practice. As the deal landscape transitioned from distressed to strategic, the firm has worked on a number of the most significant M&A transactions announced during the past year.”
The Legal 500 - US (2011)