Hogan Lovells awarded Global Competition Review's "Merger Control Matter of the Year"
Global law firm Hogan Lovells has been awarded Global Competition Review's "Merger Control Matter of the Year" for its work on the IBM Red Hat merger deal.
GCR's annual awards ceremony honors the most complex deals and cases of the year. The Hogan Lovells team advised IBM on its €30 billion acquisition of software company Red Hat, the largest ever IBM acquisition and the third biggest deal in the history of the U.S. technology market.
GCR noted in particular the team's ability to get the deal through the European Commission without remedies after a Phase I review in June 2019. The review of the transaction involved complex horizontal and vertical issues revolving around nascent technologies. In addition to being approved by the EC, the transaction received unconditional clearance from the U.S. Department of Justice and other competition enforcement agencies around the globe (Brazil, Canada, Chile, Colombia, Israel, Japan, Korea, South Africa, and Taiwan). Hogan Lovells' work on this deal highlights the firm's seamless global antitrust capabilities and success in obtaining approvals of high-stakes global deals.
The Hogan Lovells EU and ROW team consisted of senior advisor and foreign legal consultant Rachel Brandenburger in New York, as well as London-based partner Ciara Kennedy-Loest, counsel Paul Castlo, senior associate John Embleton and associates Zoe Bartlett, Joshua Esam, and Sophie Vriezen. The EU team also included partner Falk Schoening, counsel May Lyn Yuen, and associate Philip Heuser in Brussels.
The Hogan Lovells U.S. team included partners Logan Breed, Janet McDavid, and Edith Ramirez in Washington, D.C. The team also included senior counsel David Walsh in Boston, counsel Robert Baldwin, senior associates Lauren Battaglia and Zuzanna Knypinski, and associates Olga Fleysh and Daniel Landesberg in D.C.
Read more about the GCR Awards here.