Practice Profile: Kristen has advised on industry-leading, award-winning transactions, including her leading role along with John Reiss, the global head of White & Case’s M&A section, in advising Kohler Co. in a complex multinational carve-out of their energy business segment that is being divested to Platinum Equity and is expected to close in the first half of 2024. This transaction involved coordination across White & Case offices around the globe and involved complex regulatory, labor, and real estate considerations as well as the negotiation of joint venture arrangements in account of Kohler’s ongoing investment in the energy business.
Kristen also advised Altria Group, Inc. in several transactions:
- its acquisition of NJOY Holdings, Inc., giving Altria ownership of NJOY’s e-vapor product portfolio, for $2.75 billion in cash payable at closing with an additional $500 million in cash payments that are contingent upon regulatory outcomes with respect to certain NJOY products; and
- their carve-out sale of the Ste. Michelle Wine Estates business to Sycamore Partners Management for US$1.2 billion.