General Newsroom Hero 1920x480 (4:1)
Our Work

Latham & Watkins Advises Singapore Technologies Engineering on Superior Proposal to Acquire Cubic Corporation

March 22, 2021
A cross-border, multidisciplinary deal team is collaborating on this topping bid transaction.

Singapore Technologies Engineering Ltd (ST Engineering), a company incorporated in Singapore and listed on the Singapore Exchange (SGX-S63 / Bloomberg-STE:SP), has announced that it has delivered to the Board of Directors of Cubic Corporation (Cubic), a company incorporated in Delaware and listed on the New York Stock Exchange (NYSE-CUB), a proposal to acquire all of Cubic’s outstanding stock for US$76 per share in cash.

Latham & Watkins LLP represents ST Engineering in the proposed transaction with a cross-border corporate deal team led by Singapore and Hong Kong partners Michael Sturrock, Marcus Lee, and Simon Cooke and associates Carolyn Wong and Gwenlynne Lee; Chicago partner Christopher Drewry and associates Owen Alexander, Andrew Tremble, and Henna Jalal; and Orange County/New York partner Charles Ruck.

Advice is also being provided on tax matters by Washington, D.C. partner Nicholas DeNovio and Houston associate Jared Grimley; on employee benefits matters by Chicago partner Robin Struve and associate Leah Segall and London partner Catherine Drinnan and associate Shaun Thompson; on antitrust matters by Bay Area partner Joshua Holian and Washington, D.C. counsel Peter Todaro; on competition matters by Brussels partner Luca Crocco and associates Marine Dewaele and Eva Beyer Blumenthal; on foreign direct investment matters by Hamburg counsel Jana Dammann de Chapto and London associates Jamie Mansour and Stephanie Adams and Milan counsel Cesare Milani and associate Edoardo Cassinelli; on governmental and regulatory matters by Washington, D.C. partners Les Carnegie and Steven Croley, counsels Dean Baxtresser, Andrew Galdes, Kyle Jefcoat, Elizabeth Park and associates Tahura Lodhi and Julie Choi Shin and Frankfurt partner Axel Schiemann, counsel Thies Deike and Boston associate Julia Lippman; on data privacy matters by Washington, D.C. counsel Marissa Boynton and associate Jimmy Smith and London partner Gail Crawford and associate Lorenzo Meusburger; on real estate matters by Chicago counsel Jeffrey Anderson and associate Victoria Wolfe; on technology transaction matters by Washington, D.C. counsel Kieran Dickinson and associates Ryan Clore and Mohammad Akhavannik; on environmental matters by Los Angeles counsel Aron Potash and associate Roopika Subramanian.

Endnotes