Gleiss Lutz, Shearmans and Simpson Thacher feast on largest-ever German public-to-private deal
January 14, 2004 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Gleiss Lutz, Shearman & Sterling and Simpson Thacher & Bartlett have landed key advisory roles on The Blackstone Group’s e3.1bn (£2.15bn) purchase of Celanese, Germany’s largest ever public-to-private deal.
The deal sees the US private equity house acquire the chemical company Celanese in a voluntary takeover, priced at e32.5 (£22.6) per share, through the vehicle BCP Crystal Acquisition.
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