Akin Gump Advises CEVA Logistics in Initial Public Offering
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(New York) – CEVA Logistics AG, a leading global asset-light supply chain management company has closed its initial public offering and listing on SIX Swiss Exchange. The price for the newly issued registered shares was CHF 27.50 per share, which, together with a concurrent private placement of $380 million in mandatory convertible securities, resulted in total gross proceeds to CEVA of approximately $1.2 billion. Akin Gump advised CEVA in the matter.
The Akin Gump team advising CEVA was led by corporate partner Rosa Testani. She was joined by corporate partners Robert Aulsebrook and Harry Keegan on UK matters and Meng Ru on finance matters as well as a multi-practice team spanning several of the firm’s offices.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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