Newell Rubbermaid $15.4 billion acquisition of Jarden

15/4/2016
Acquisition finance, Public acquisition

$ 15.4 billion

Completed

15/4/2016


Overview:

  • Newell Rubbermaid has completed its $15.4 billion acquisition of fellow US household goods manufacturer Jarden.
  • The new company will go by the name Newell Brands.
  • The deal was first announced in December, 2015.
  • Jones Day (Lizanne Thomas, Bob Profusek, Erik Belenky, Brett Barragate, Joel May) and Simpson Thacher & Bartlett (Mario Ponce, Brian Steinhardt) advised Newell Rubbermaid.
  • Greenberg Traurig (Gary Silverman, Cliff Neimeth, Alan Annex) and Kane Kessler advised Jarden.
  • Davis Polk & Wardwell (Jason Kyrwood, Meyer Dworkin) represented the sole lead arranger and book runner in connection with a $10.5 billion bridge facility to help Newell Rubbermaid finance the acquisition. 

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal types:

Acquisition finance
Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Consumer goods and services


Firms:

Party: Jarden (Target)


Party: Newell Rubbermaid (Acquirer)


Party: Jarden (Target)


Party: Newell Rubbermaid (Acquirer)