Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Deal snapshot: Clayton, Dubilier and Rice Closes Acquisition of Cornerstone Building Brands.

Document Cited in Related
Vincent

MANews-(C)2009-2022

US-based Clayton, Dubilier and Rice has successfully completed the acquisition of US-based exterior building products manufacturer Cornerstone Building Brands, the firm said.

The cash deal is worth USD 5.8bn.

With the completion of the acquisition, Cornerstone Building Brands' common stock has ceased trading and will no longer be listed on the New York Stock Exchange.

Centerview Partners LLC is serving as financial advisor and Wachtell, Lipton, Rosen and Katz is serving as legal advisor to a special committee of Cornerstone Building Brands' independent directors.

Sullivan and Cromwell LLP is serving as legal counsel to Cornerstone Building Brands.

UBS, Barclays, BNP Paribas Securities Corp., Goldman Sachs, Jefferies, Natixis, New York Branch, RBC Capital Markets, and Societe Generale are providing financial advisory services to CD and R.

Kirkland and Ellis LLP is serving as legal counsel to CD and R on the transaction and Debevoise and Plimpton LLP is serving as legal counsel to CD and R on the financing.

CD and R has obtained committed financing from Deutsche Bank Securities Inc., UBS Investment Bank, Barclays, BNP Paribas, RBC Capital Markets, Societe Generale, Goldman Sachs, Natixis, New York Branch, Jefferies, Apollo, Blackstone Credit, and US Bank.

Cornerstone Building Brands is the largest manufacturer of exterior...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT