Shearman & Sterling Boasts No. 2 Ranking in Worldwide M&A

NEW YORK, July 16 /PRNewswire/ -- Shearman & Sterling LLP continues to play a dominant role in global M&A, witness the firm's No. 2 ranking worldwide for the second quarter of 2010, according to Dealogic. The firm was involved in 23 deals with a total value of over $46.5 billion.

Some of Shearman & Sterling's M&A deals announced in the second quarter include the firm's representation of Sybase in its pending $5.8 billion sale to SAP; Psychiatric Solutions in its pending $3.1 billion sale to Universal Health Services; Credit du Nord in its pending $1.05 billion acquisition of Societe Marseillaise de Credit; Rhodia in its pending $489 million acquisition of Feixiang Chemicals (Zhangjiagang); and Register.com in its pending $135 million sale to Web.com.

"While the M&A landscape has been uneven thus far in 2010, with heavy activity early in the year followed by a bit of a slowdown in the late spring, this global ranking underlines our critical role in some of the most significant transactions of the year," said Harald Selzner, a Dusseldorf-based partner who co-leads the firm's global M&A practice. "We remain a go-to firm for major transactions worldwide, including some of the more complex, cross-border deals."

Added New York-based partner George Casey, the other co-practice leader, "Looking ahead, we continue to see considerable corporate interest in strategic transactions, although it does vary region by region. The key in the second half of the year will be continued confidence in global and regional economic stability."

Ranked among the world's leading M&A advisors, Shearman & Sterling draws upon decades of experience in sophisticated global markets to deliver integrated strategic, tactical and technical advice to its clients. 

ABOUT SHEARMAN & STERLING

Shearman & Sterling LLP is a global law firm with approximately 900 lawyers in 20 offices in 12 countries around the world. The firm is a leader in mergers and acquisitions, capital markets, project development and finance, complex business litigation and international arbitration, asset management and tax.  

Contact:

Ron Brandsdorfer, Shearman & Sterling (212.848.5081, [email protected])

Robert Mohr, Edelman (212.704.8272, [email protected])

SOURCE Shearman & Sterling LLP

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED