Accolades
Paul Hastings Wins Three “Deal of the Year” Awards at The M&A Advisor’s International M&A Awards 2023
July 27, 2023
Paul Hastings LLP received three “Deal of the Year” awards at The M&A Advisor’s 14th Annual International M&A Awards 2023. The firm was recognized in the following categories:
Corporate/Strategic Deal of the Year (Over $250M) – PetroChoice/Moove
Paul Hastings advised Moove, a leading global producer and distributor of lubricants and base oils, in its acquisition of PetroChoice Lubrication Solutions from Golden Gate Capital for US$479 million. Moove is a subsidiary of Cosan S.A., one of Brazil’s largest business groups, with investments in energy and logistics.
M&A Deal of the Year (Over $1B) – Meridian/SD Biosensor/SJL Partners
Paul Hastings advised SD Biosensor and SJL Partners in their acquisition of Meridian Bioscience, Inc. (NASDAQ:VIVO), a leading global provider of diagnostic testing solutions and life science raw materials. Meridian stock will no longer be traded on the NASDAQ Global Select Market and its shareholders will have the right to receive $34 per share. The company will continue to operate as an independent entity.
Restructuring Deal of the Year (Over $10B) – Intelsat
Paul Hastings advised an ad hoc group of holders of convertible notes issued by Intelsat, a multinational satellite and communications company with over $14.6 billion in total liabilities across numerous entities, in its chapter 11 cases in the United States Bankruptcy Court for the Eastern District of Virginia.
The International M&A Awards honor the leading transactions, restructurings, deal financings, products and services, firms, and professionals that affect more than one country’s market.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.