Profile details
Profil Claude Stansbury
Claude advises private equity funds and US corporations and foreign multinational companies on domestic and cross-border acquisitions, carve-outs, joint ventures, financings, restructurings and disposals.
His broad transactional practice includes corporate joint ventures, partnerships and Up-C structures as well as debt restructurings and licensing arrangements. He also has extensive experience with equity and debt securities, structured finance transactions, products and derivatives.
Mandate
- US federal tax advice to the special committee of the board of directors of PropertyGuru in connection with its $1.1bn acquisition by EQT.
- The Yokohama Rubber Company on its pending $905m acquisition of the Goodyear Tire & Rubber Company’s off-the-road tire business.
- Uber on its $950m acquisition of Delivery Hero’s foodpanda delivery business in Taiwan and $300m investment in Delivery Hero, and other acquisitions of businesses in Hong Kong, the Netherlands and Spain.
- Johnson & Johnson on the tax aspects of its $13.1bn acquisition of Shockwave Medical.
- AstraZeneca on its $2.1bn acquisition of Fusion; $1.2bn acquisition of Gracell Biotechnologies Inc.; $1.1bn acquisition of Icosavax; $1bn acquisition of Amolyt Pharma and AZ Finance on its $5bn bond offer in February, 2024 and $1.4bn bond offer in August 2024.
- London Stock Exchange Group (LSEG) on its 10-year strategic partnership agreement with Microsoft (and related equity stake in LSEG); $27bn acquisition of Refinitiv and related sale of Borsa Italiana; acquisitions of AcadiaSoft, MayStreet, Inc., Mergent, Inc., Citigroup’s The Yield Book and Citi Fixed Income indices; Frank Russell Company (and related rights issue) and the subsequent carve-out sale of Russell Investments.
- Google on its $5.4bn acquisition of Mandiant and acquisitions of MobiledgeX, Cameyo and Global Weather Corporation.
- Honeywell on the combination of its Quantum Solutions business with Cambridge Quantum Computing and acquisition of a majority stake in the combined company and its $300m equity raise for Quantinuum.
- Hewlett Packard Enterprise (HPE) on its acquisition of Determined AI and its $925m acquisition of Silver Peak.
- The Special Committee of PowerSchool Holdings, Inc. on its pending sale to Bain Capital in a transaction valuing the company at $5.6 billion.
- JD Sports on its acquisition of Nasdaq-listed Hibbett, Inc. for an enterprise value of approximately $1.1 billion.
- Plenty on its $680 million joint venture with Mawarid.
- Apple in connection with numerous confidential M&A transactions and acquihires.
- Ericsson, on its $6.2bn all-cash cross-border acquisition of VOIP and SAAS provider Vonage; sale of its IoT Accelerator and Connected Vehicle Cloud businesses and related assets to Aeris Communications, Inc.
- Siemens on its $700m acquisition of SupplyFrame and the sale of its global low-voltage NEMA motors business to ABB.
- Saint-Gobain on its $2.3bn acquisition of GCP Applied Technologies.
- Holcim on its $1.293bn acquisition of Duro-Last.
- Hitachi on its HVAC sale to Bosch and simultaneous acquisition of Japan assets.
- Pearson plc on the sale of its international Online Program Management business, Pearson Online Learning Services, to an affiliate of Regent LP.
- CVC Capital Partners Fund VIII on the tax aspects of its ~$470m investment in Aleph Holding; CVC’s IPO, and CVC’s acquisition of Rayner Surgical.
- Sitel on its the $2.2bn take-private of Sykes Enterprises and related acquisition finance and global refinance structuring.
- Blackstone portfolio company, Schenck Process Group, on the sale of its food and performance materials business to Hillenbrand, Inc.
- Japan Tobacco on its $2.4 billion acquisition of Vector Group, the fourth-largest tobacco company in the United States, and in connection with a bridge facility financing; its joint venture with Altria group; and its $5bn acquisition of the non-US operations of Natural American Spirit from Reynolds American.
- BASF SE and BASF Corporation on their $8.6bn acquisition of significant components of Bayer AG’s global seed, seed coating, pesticide and non-selective herbicide businesses.
- Messer Group GmbH, CVC Capital Partners (Deutschland) GmbH and CVC Capital Partners Fund VII in relation to the tax aspects of their joint acquisition of the divestiture package of the Linde/Praxair merger for $3.3bn (€2.8bn).
- Boehringer Ingelheim on the $22.8bn swap of its consumer healthcare business with Sanofi’s animal health business Merial.
- Syensqo, the specialty chemicals spin-off from Solvay, SA, on the tax aspects of its joint venture with Orbia Group.
- VINCI Highways SAS on the tax aspects of its acquisition from funds managed by DIF Capital Partners, Northleaf Capital Partners and HICL Infrastructure PLC of 100% of Northwest Parkway LLC.
- Starbuck Corporation on the formation of a global coffee alliance with Nestlé S.A. in which Starbucks appointed Nestlé to be its sole distributor of packaged coffee and tea in the consumer packaged goods and food service distribution channels in connection with the $7.25bn upfront payment and ongoing supply sales and royalties.
- The ad hoc group of noteholders in relation to the consensual €830m restructuring of the Takko Fashion group's financial debt (including €510m New York law governed high yield notes and. €320m private debt).
- RWE in relation to an asset swap with E.ON.
Qualifikationen
Education
- JD, Boalt Hall School of Law, University of California at Berkeley.
- The Edmund A. Walsh School of Foreign Service at Georgetown University.
- The London School of Economics and Political Science.
Professional
- Admitted to California and District of Columbia bars as well as to the United States Tax Court, the Court of Federal Claims and the United States Supreme Court.
- Member, International Tax and Finance Forum.
- Chaired the Corporate Tax Committee of the American Bar Association’s Task Force on Section 304.
- Served as adjunct professor at Georgetown University Law Center.