Sidley and Slaughters advise on clutch of Heineken and Diageo deals
Sidley Austin and Slaughter and May are advising brewers Heineken and Diageo on a series of cross-border M&A deals
October 07, 2015 at 06:46 AM
2 minute read
Sidley Austin and Slaughter and May have been appointed to act for Heineken and Diageo respectively on a series of cross-border M&A deals and licensing agreements announced today.
Sidley is fielding a London-based team to act for Heineken.
Partner and co-head of the firm's London corporate group Stephen Blackshaw is leading the team. He is being supported by competition partner Patrick Harrison and data protection and privacy partner William Long.
Slaughter and May is acting for long-standing client Diageo. Its team is being led by corporate partners Robin Ogle and Simon Nicholls.
The collection of deals the pair are working on include Diageo's sale of its 57.9% stake in Jamaican brewer Desnoes & Geddes (D&G) to Heineken. D&G controls the Red Stripe and Dragon brands.
Heineken is also taking full control of holding company GAPL, a joint venture between Heineken and Diageo, which is the licensee for Guinness and ABC Stout distribution for the Singapore market. Under the deal Heineken will now buy out Diageo's shareholding, which is just under 50%.
In a third deal Heineken is selling its 20% stake in Guinness Ghana Breweries to Diageo.
Diageo and Heineken have also entered into licensing agreements for each other's brands in Jamaica and Ghana.
Under the terms of the collection of deals Heineken will pay Diageo $780.5m (
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Osler, A&O Sherman Act for Chevron in Blockbuster $6.5 Billion Canadian Oilsands Divestiture
3 minute read
Linklaters, Davis Polk Advise on $6.7B Rio Tinto Acquisition of Lithium Business
'London and Brussels Have Quickly Become Accretive for the Firm': Paul Weiss Enters Top 10 UK M&A Advisers
4 minute readTrending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2GlaxoSmithKline Settles Most Zantac Lawsuits for $2.2B
- 3BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 4California Supreme Court Rejects Bar Exam Alternative Proposal
- 5How I Made Partner: 'There's No Substitute for Hard Work and a Genuine Desire to Improve,' Says Justin Hawal of DiCello Levitt
Who Got The Work
Nicholas M. DePalma and Christian R. Schreiber of Venable have stepped in to represent CP Management Services, CRS RB4 Holdings and other defendants in a pending breach-of-contract lawsuit. The suit was filed Aug. 30 in Virginia Eastern District Court by Greenberg Traurig on behalf of Daito Kentaku USA. The case, assigned to U.S. District Judge Claude M. Hilton, is 1:24-cv-01538, Daito Kentaku USA, LLC v. Comstock Partners, LC.
Who Got The Work
Wyatt, Tarrant & Combs partner Andrew J. Pulliam has entered an appearance for Steve Jensen in a pending breach-of-contract lawsuit. The action, filed Aug. 30 in Tennessee Middle District Court by the Law Office of Perry A. Craft on behalf of Timothy Robins, accuses the defendant of writing a worthless check for over $94,000 for the sale of auctioned goods. The case, assigned to U.S. District Judge Eli J. Richardson, is 3:24-cv-01064, Robins v. Jensen et al.
Who Got The Work
Lane Powell shareholder Pilar C. French has entered an appearance for Penney OpCo LLC in a pending consumer class action. The complaint, filed Aug. 26 in Oregon District Court by Hattis & Lukacs, alleges that the company markets fictional discounts for certain products. The case, assigned to U.S. Magistrate Judge Mustafa T. Kasubhai, is 6:24-cv-01414, Gamble v. Penney OpCo LLC.
Who Got The Work
Donald L. Carmelite and Coryn D. Hubbert of Marshall Dennehey have stepped in to defend the City of York, Detective Roland Comacho and Detective Lisa Daniels in a pending civil rights lawsuit. The complaint, filed Aug. 27 in Pennsylvania Middle District Court by Levin & Zeiger on behalf of Noel Matos Montalvo, seeks damages for the amount of time that Montalvo was incarcerated over five years for the exonerated killing of his common law wife. The case, assigned to U.S. District Judge Jennifer P. Wilson, is 1:24-cv-01459, Montalvo v. City of York, et al.
Who Got The Work
Joseph M. Englert, Brian E. Pumphrey and M. Laughlin Allen of McGuireWoods have entered appearances for Bank of America NA in a pending class action. The action was filed Aug. 26 in Georgia Northern District Court by Podhurst Orseck; Webb, Klase & Lemond; Crabtree & Auslander; and Morrison + Associates on behalf of the representative of the beneficiaries of the Arthur N. Weinraub Trust, a trust which contains residential real property. The suit accuses the defendant of overcharging the trust by selecting unnecessary and/or excessively priced insurance for the property. The case, assigned to U.S. District Judge Thomas W. Thrash Jr., is 1:24-cv-03780, Weinraub v. Bank of America, N.A.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
