Elite New York firms Sullivan & Cromwell, Wachtell Lipton Rosen & Katz and Davis Polk & Wardwell have picked up the lead roles on the US' latest multibillion-dollar buy-out. An investment group headed by JC Flowers & Co has stumped up $25bn (£12.6bn) to acquire Sallie Mae, the largest student loan-provider in the US.
April 16, 2007 at 10:41 AM
1 minute read
The original version of this story was published on Legalweek
Elite New York firms Sullivan & Cromwell, Wachtell Lipton Rosen & Katz and Davis Polk & Wardwell have picked up the lead roles on the US’ latest multibillion-dollar buy-out.
An investment group headed by JC Flowers & Co has stumped up $25bn (£12.6bn) to acquire Sallie Mae, the largest student loan-provider in the US.
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