The Deal Highlights Ropes & Gray’s String of “Banner” Transactions
Citing the more than $20 billion in transactions announced or closed by Ropes & Gray’s clients in two weeks, The Deal published a feature article titled “Behind Ropes & Gray's Busy Spring.” The article highlights our clients’ and attorneys’ success navigating complex transactions on four continents.
In recent weeks, Ropes & Gray attorneys have advised a Bain Capital-led consortium’s $18 billion buyout of Toshiba’s Chip Business, Alibaba Group Holding Ltd.'s $1.3 billion investment in ZTO Express Inc., Advent International Corp.'s acquisition of an 80 percent stake in Walmart Brazil, and Intermediate Capital Group’s $1.7 billion investment in U.K.-based business software company IRIS, among numerous other significant transactions to our clients.
The trick to closing deals involves “creativity around sourcing,” Will Shields, co-chair of Ropes & Gray’s private equity practice, told The Deal. David Blittner, who co-chairs the practice with Mr. Shields, described a “big pick-up” in deal activity in March and April, timing which led an array of deals to announce in May and June.