Shearman & Sterling and Latham & Watkins were the
lead transaction counsel as private company Koch
Industries agreed to buy Georgia-Pacific for $13.2
billion. The deal will take place through Koch Forest Products,
a wholly owned Koch subsidiary, and will have a total
transaction value of $21 billion, including debt. Citigroup
will provide debt financing to Koch for the acquisition.
Partner Creighton Condon led the Shearman team advising Koch on
the deal. King & Spalding partners William Baxley and
William Holby in Atlanta and Anthony Rothermel in New York
advised Koch on corporate governance, due diligence and Georgia
law issues. Mark Gerstein and John Sorkin of Latham &
Watkins represented Georgia-Pacific.
Simpson Thacher & Bartlett and Wilson Sonsini Goodrich
& Rosati were the lead legal advisers on Silver Lake
Partners' $1.2 billion bid to acquire Serena Software. Silver
Lake is a private equity firm focusing on the technology...