Weil Gotshal & Manges and Shearman & Sterling have bagged lead roles on the sale by General Electric (GE) of its plastics business to Saudi Basic Industries in a $11.6bn (£5.9bn) deal. Shearman advised the buyer, with firm co-managing partner John Madden and New York-based corporate partner Stephen Besen leading the team acting on behalf of Saudi.
May 22, 2007 at 11:41 AM
1 minute read
The original version of this story was published on Legalweek
Weil Gotshal & Manges and Shearman & Sterling have bagged lead roles on the sale by General Electric (GE) of its plastics business to Saudi Basic Industries in a $11.6bn (£5.9bn) deal.
Shearman advised the buyer, with firm co-managing partner John Madden and New York-based corporate partner Stephen Besen leading the team acting on behalf of Saudi.
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