Working closely with the global antitrust and FDI team, the M&A practice at Clifford Chance is highly experienced in handling cross-border transactions, with particular experience in the insurance, life sciences and energy sectors. Located in New York, the team is co-headed by Benjamin Sibbett and Chang-Do Gong. Sibbett regularly leads multi-jurisdictional teams to advise on big-ticket transactions in the technology space. Gong regularly handles strategic acquisitions within the energy and infrastructure space.
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Key clients

  • Retail Opportunity Investments Corp
  • Iberdrola
  • Legal & General
  • Vista Energy
  • Keymed Biosciences
  • Tele2 Sverige
  • Informa
  • Viking Global Investors
  • Mannai Corporation
  • Sanofi
  • Mondelez
  • Pfizer
  • Exxon
  • Mobil
  • Hearst
  • ALAT
  • Domestic & General
  • Unilever
  • Airbus

Work highlights

Advised Retail Opportunity Investments Corp. in the all-cash sale of the company to Blackstone Real Estate Partners X at a value of approximately US$4 billion, including outstanding debt.
Advised Iberdrola, S.A. in its acquisition of the remaining 18.4% of theoutstanding shares of common stock of Avangrid, Inc. The transaction valued at US$2.55 billion resulted in Avangrid becoming a wholly owned subsidiary of Iberdrola.
Advised Legal & General of the carve-out and sale of its U.S. protection business and a 20% interest in its U.S. pension risk transfer business to Meiji Yasuda Life Insurance Company for approximately $2.3 billion, subject to purchase price adjustments.
Practice head

Benjamin Sibbett; Chang-Do Gong