Turned to by an impressive roster of financial services, aviation and infrastructure clients, the M&A practice at Milbank is adept at navigating complex transactional and regulatory hurdles in both public and private M&A transactions. Notably, the team advised the United States Steel Corporation in its highly publicised $14.98bn merger with Nippon Steel Corporation in 2025. The New York-based team is co-headed by John Franchini who is well regarded for his expertise within the energy and infrastructure sector. Meanwhile, co-head Dean Sattler possesses a particularly strong track record in asset-based transactions.
Legal 500 Editorial commentary
Key clients
- Apollo
- British Columbia Investment Management Corporation
- Blackstone
- Brookfield
- Castlelake L.P.
- CoStar Group, Inc.
- Compass Datacenters
- Energy Capital Partners (ECP)
- EoS Fitness Holdings, LLC
- H&E Equipment Services
- Intralot S.A.
- JP Morgan Infrastructure Investment Fund
Work highlights
Represented United States Steel Corporation in its $14.98 billion all-cash acquisition by merger by Nippon Steel Corporation.
Advised Wren House, alongside The Artificial Intelligence Infrastructure Partnership, MGX and GIP, in the consortium acquisition of Aligned Data Centers from Macquarie Asset Management and its co-invest partners.
Advised Blackstone Credit & Insurance, as leader of an investor consortium consisting of KKR, Apollo-managed funds and Private Credit at Goldman Sachs Alternatives, in connection with an approximately $7 billion equity investment forming part of a $14 billion joint venture to fund the development, construction and operation of Sempra Infrastructure Partners’ Port Arthur LNG Phase 2.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Dean Sattler; John Franchini
Other key lawyers
Ross Shepard