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HP acquires Samsung’s printer business in global mega deal

Por: Latin LawyerImprimirVisualizar em PDF

Carey in Santiago, CMS Cameron McKenna Nabarro Olswang LLP in Rio de Janeiro, CMS Grau in Lima,Gómez-Pinzón Abogados in Bogotá and Pinheiro Neto Advogados in São Paulo have advised the Latin American subsidiaries of information technology company HP on its US$1 billion global purchase of Samsung's printer business.

The sprawling cross-border deal, which closed on 1 November, involved some 51 jurisdictions. CMS Cameron McKenna Nabarro Olswang LLP' London office and Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York co-led the global deal for HP.

It is thought Samsung hired Cleary Gottlieb Steen & Hamilton LLP, but this could not be confirmed prior to publishing. Latin Lawyer was unable to identify further Latin American counsel in the deal.

Globally, the deal adds to HP's intellectual property portfolio, with the IT company gaining more than 6,500 printing patents and over 1,000 researchers and engineer specialists.

Although the tie-up was announced in 2016, it only received approval from China's Ministry of Commerce last month, enabling the deal to finally close.

Counsel to HP

CMS Cameron McKenna Nabarro Olswang LLP

Partners Chris Watson, Paul Silver, Anthony Fincham, Stuart Blythe, Richard Croker and Olivia Jamison, and associates Adam Beach, Katia Ramo, Nick Kuria, Joe Ladusans, Pranav Yajnik, Valentina Keys and Richard Taylor in London and Partner Ted Rhodes and associates Bianca Velasquez and Carolina Uribe in Rio de Janeiro

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Partners Tarun Stewart and David Klein in New York

Carey

Partners Alfonso Silva, Jorge Ugarte and Francisca Corti, counsel Eduardo Martin, and associates Javier Undurraga, Manuel Alcalde, Cristóbal Silva and Carla Karzulovic in Santiago

CMS Grau

Partners Juan Carlos Escudero and Maria Delia Oxley, and associates Carlos Calderón, Omar Valle, Eduardo Rojas, Adriana Kihara, Cecilia Vargas, Natalia Almonte and Andrea Pulgar in Lima

Gómez-Pinzón Abogados

Partner Lina Uribe and associates Felipe Mariño and Juan Sebastián Parra in Bogotá

Pinheiro Neto Advogados

Partner José Luiz Homem de Mello and associates Beatriz Seixas, Yuka Ono, Thiago Teno, Rennan Gil Alves Nascimento and Gustavo Gonçalves Ferrer in São Paulo

 

This story was updated on 21/11/2017 to include Pinheiro Neto Advogados' role as counsel to HP.

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