Freshfields advises Penske Automotive Group on $16.3bn deal
Penske Corporation and Mitsui & Co. will take the company private via Motown Acquisition Corp., closing in Q1 2027 with regulatory approvals.
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Global law firm
freshfields.comLast updated
In short: Freshfields saw reported partner departures rise, unveiled an Anthropic AI deal and pursued a unified European offering.
Penske Corporation and Mitsui & Co. will take the company private via Motown Acquisition Corp., closing in Q1 2027 with regulatory approvals.
The proposed transaction values Żabka at about USD 8.6 billion equity, implying USD 11 billion enterprise value, with closing expected in Q4 2026.
The recommended offer values Rotork at approximately £4.1 billion. The Freshfields team is led by partners Piers Prichard Jones and Tamara Young.
The offerings include mandatory convertible preferred stock, common shares, and an at-the-market program. Expected closings June 12 and 15, 2026.
Claude developer Anthropic PBC on Monday filed plans for its long-anticipated blockbuster initial public offering steered by Wilson Sonsini Goodrich & Rosati PC and Freshfields...
Anthropic and Freshfields unveil an AI legal deal and a secret in-office test where AI agents negotiated deals for employees.
Firm's senior leadership discussed carve-out of tech unit into separate legal entity that could be 'worth billions', leaked emails reveal...
Belgian-Dutch pharma company Argenx SE said Monday that it has agreed to acquire Forte Biosciences Inc. for approximately $2.2 billion, building on its existing investment...
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