Cravath represented the underwriters, led by Morgan Stanley, J.P. Morgan Securities, Citigroup and Goldman Sachs & Co. LLC, in connection with the $2.33 billion registered secondary offering of the class A common stock of Baker Hughes, a GE company, by the selling stockholder General Electric Company.
Baker Hughes is a fullstream oilfield technology provider. The shares were listed on the New York Stock Exchange. The Company, led by Lorenzo Simonelli, Brian Worrell and William D Marsh in 2017 recorded $17.259 Million Revenues.
The Cravath team included partners William V. Fogg (Picture) and Andrew J. Pitts and associates Joshua Ayal, Ryan J. Patrone and Ellen H. Park on securities matters, and associate Damien J. Rose and foreign associate attorney Nicolaas Versteeg on tax matters. Megan M. Ji also worked on securities matters.
Involved fees earner: William V. Fogg – Cravath Swaine & Moore; Andrew Pitts – Cravath Swaine & Moore; Joshua Ayal – Cravath Swaine & Moore; Ryan Patrone – Cravath Swaine & Moore; Ellen Park – Cravath Swaine & Moore; Damien Rose – Cravath Swaine & Moore; Nicolaas Versteeg – Cravath Swaine & Moore;
Law Firms: Cravath Swaine & Moore;