Skip to main content

Sullivan & Cromwell is representing German drugs and crop chemicals group Bayer AG in its offer to buy U.S. seeds company Monsanto for $62 billion in cash. Allen & Overy is advising Bayer on the financing of the transaction, while Wachtell Lipton Rosen & Katz is acting for Monsanto.

The unsolicited proposal would be the largest all-cash takeover on record, according to Thomson Reuters data, just ahead of InBev’s $60.4 billion offer for Anheuser-Busch in June 2008.

The S&C team on the transaction includes corporate partners Matthew G. Hurd and Eric M. Krautheimer; and antitrust partners Steven L. Holley and Juan Rodriguez. The A&O team advising includes banking and finance partners Neil Weiand, Thomas Neubaum, Nicholas Clark and George Link; corporate partners Hans Diekmann and Stephen Mathews; capital markets partner Oliver Seiler; and tax partner Marcus Helios.

Luthra & Luthra (L&L) is representing Bayer on the Indian law aspects of the acquisition.

The L&L team was led by Mohit Saraf and comprised of Sundeep Dudeja and Amit Shetye advising on general corporate aspects, and G.R. Bhatia, Abdullah Hussain and Kanika Chaudhary Nayar advising on competition law.

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.