Linklaters is advising Celanese Corporation (NYSE: CE) on its transaction with Mitsui & Co., Ltd. (“Mitsui”), involving the restructuring of the Nutrinova food ingredients joint venture of Celanese and Mitsui. As part of the transaction, Celanese will acquire a diketene production facility and operate it for Nutrinova. In addition, Celanese will sell an interest in the joint venture to Mitsui for cash. The transaction is expected to close in the fourth quarter of this year.
Click here for Celanese’s press release.
The cross-border team spanning New York and Germany was led by Global Chairman of Corporate and Chairman of the Americas George Casey, Global Leader of the Chemicals Sector and Co-Head of U.S. M&A Heiko Schiwek, M&A Partner Gregory Gewirtz, M&A Counsel Wendy Suh, and M&A Associate Michael Lomtevas.
The team also included Environmental Partner Lauren Bachtel; Intellectual Property Partner Shruti Chopra, M&A Counsel Nikita Selivanov and Associate Alexander Kah; Employment and Incentives Counsel Luca Rawe; and Tax Associate Alexander Zitzl.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
