Covington & Burling, Debevoise & Plimpton, Jones Day, Skadden, Arps, Slate, Meagher & Flom and Willkie Farr & Gallagher have all nabbed roles on a pair of deals announced this week that sees two of Bermuda’s largest companies expand their global reach.
Headquartered in historic Hamilton, beverage giant Bacardi Ltd. announced on Monday that it would purchase Patrón Spirits International AG in a deal valuing the premium Mexican tequila brand at $5.1 billion. That same day, American International Group Inc. (AIG) also announced a deal to buy Bermuda-based reinsurer Validus Holdings Ltd. for $5.56 billion in cash.
