Akin Gump Advises on $40 Billion in Deals in Past Month

(New York) – Akin Gump Strauss Hauer & Feld LLP served as legal advisor on transactions with an aggregate value of approximately $40 billion in the past month. The deals covered a variety of industries, involved lawyers across the firm and included the following representations:

  • Alterra Capital in its $3.13 billion merger with specialty insurer Markel Corporation (Read more here)
  • Eastman Kodak unsecured creditors’ committee in Eastman Kodak’s sale of its digital imaging patent portfolio for $525 million to a consortium of 12 of the world's leading technology companies (Read more here)
  • Gulfport Energy in its $372 million acquisition of additional working interests in the Utica Shale in eastern Ohio and related funding via a $418 million underwritten equity offering and a $50 million Rule 144A debt offering (Read more here)
  • Laclede Group, the owner of Missouri’s largest natural gas company, in its $1.04 billion acquisition of Missouri Gas Energy and New England Gas Company (Read more here)
  • Renova in the sale of Alfa-Access-Renova’s stake in TNK-BP to Rosneft—at $28 billion, the largest corporate transaction in Russia’s history (Read more here)
  • Rizvi Traverse Management LLC in the acquisition of a majority stake in music performance-rights company SESAC Inc. for about $600 million (Read more here)
  • Solar Capital Ltd. in its $275 million acquisition of Crystal Capital Financial Holdings (Read more here)
  • SunPower in sale of world’s largest permitted solar development for more than $2 billion (Read more here)

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.


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