Steven Li

Profil Steven Li

Steven focuses his practice on advising public and private companies in a variety of merger and acquisition transactions, including domestic and cross-border acquisitions and divestitures, negotiated and unsolicited transactions, carve-out transactions, minority investments, business combinations involving SPACs and spin-offs. He also counsels clients on activism defense, governance, securities, finance and other general corporate matters. Steven currently serves on the Mergers, Acquisitions & Corporate Control Contests Committee of the New York City Bar.

Mandate

• Zuora (NYSE: ZUO) on its pending $1.7 billion sale to Silver Lake and GIC.
• The Special Committee of the Board of Directors of PropertyGuru on its $1.1 billion take-private by EQT.
• An international defence and aerospace company on its $5.5 billion acquisition of Ball Aerospace from Ball Corporation.
• Accenture on its acquisition of Anser Advisory, an advisory and management company for infrastructure projects.
• JBT Corporation on its $800 million sale of the AeroTech business to Oshkosh Corporation.
• Eli Lilly on its divestiture of BAQSIMI to Amphastar Pharmaceuticals for up to $1.075 billion.
• Sylvamo on its cooperation agreement with Atlas Holdings, its largest shareholder.
• Allwyn AG, Europe’s leading lottery operator, on its acquisition of Camelot Lottery Solutions from Ontario Teachers’ Pension Plan Board.
• Archaea Energy Inc., an industry-leading renewable natural gas company, on its $4.1 billion sale to bp p.l.c.
• Honeywell International on its $1.3 billion buyout agreement with the North American Refractories Asbestos Personal Injury Settlement Trust.
• Bristol Myers Squibb on its $4.1 billion acquisition of Turning Point Therapeutics.
• Carvana Co. on its $2.2 billion acquisition of ADESA’s U.S. physical auction business from KAR Global.
• Allwyn AG on its $9.3 billion combination agreement with Cohn Robbins Holdings Corp.
• The special committee of the board of directors of Verso Corporation in response to an unsolicited takeover bid and subsequent $825 million sale to BillerudKorsnäs.
• Perella Weinberg Partners as financial advisor to Baxter in connection with Baxter’s $12.4 billion acquisition of Hillrom.
• Evergy, Inc. on its settlement agreement with Bluescape and Elliott and $115 million private placement of common stock and warrants to Bluescape.
• Lindsay Goldberg on its acquisition of a majority stake of Pike Corporation.
• Brookfield Renewable on its $1.5 billion acquisition of TerraForm Power, Inc., with consideration consisting of, in part, exchangeable shares of a newly formed spinco.
• Barrick Gold Corporation on its $18 billion unsolicited proposal to acquire Newmont Mining Corporation.
• Altra Industrial Motion on its offering of Spinco notes in connection with its $3 billion Reverse Morris Trust transaction with Fortive’s Automation & Specialty platform.
• Ashland on its $1.2 billion credit facilities obtained for its acquisition of Pharmachem Laboratories.
• Valvoline on its $1.3 billion secured credit facilities obtained for its IPO and spin-off from Ashland.
• White Mountains on its $2 billion sale of Sirius International Insurance Group to China Minsheng Investment Corp.
• Graham Holdings on its $2.3 billion spin-off of Cable ONE.
• Sapient Corp on its $3.7 billion acquisition by Publicis Groupe.