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Latham & Watkins Advises GCP Applied Technologies in US$2.3 Billion Cross-Border Acquisition by Saint-Gobain

December 6, 2021
A multidisciplinary deal team represents the global provider of construction products technologies on the cross-border deal.

GCP Applied Technologies Inc. (NYSE: GCP) (GCP), has announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied Technologies for US$32.00 per share, in cash, in a transaction valued at approximately US$2.3 billion (approximately €2.0 billion).

Latham & Watkins LLP represents GCP in the transaction with a corporate deal team led by Chicago partners Bradley Faris and Jason Morelli, with associates Ariel Cho, Byron Patton, Micah Kamoe, Joe Gu, and Shana Nissan, and senior attorney Tiffany Campion. Advice was also provided on capital markets matters by New York partners Peter Labonski and Benjamin Stern; on tax matters by Chicago partner Diana Doyle, with associate Robert Christoffel; on benefits and compensation matters by Washington, D.C. partner Matthew Conway, with associates Kirk Porter and Jina Davidovich; on employment matters by Chicago partner Nineveh Alkhas, with associate Ana Cenaj; on intellectual property matters by New York counsel Carrie Girgenti; on environmental matters by Chicago partner Arthur Foerster, with associate Malorie Medellin; on FCPA matters by Chicago partner Meredith Monroe, with associate Joseph Grosser; on CFIUS matters by Washington, D.C. partner Les Carnegie, with associate Zachary Eddington; on data privacy matters by Bay Area counsel Robert Blamires, with associate Adriana Beach; and on antitrust matters by Washington, D.C. partner Amanda Reeves and Brussels partner Hector Armengod, with associates Daniel Baker, Ben Isaacs and Stephanie Adams.