Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
06.06.19
Westinghouse Electric Co.’s restructuring and $4.6 billion acquisition by Brookfield Business Partners L.P., has been named Private Equity Acquisition of the Year (above $1 billion) by the Global M&A Network’s 11th annual Turnaround Atlas Awards. A Pillsbury team advised Brookfield on critical regulatory and policy issues in the transaction, which has been honored with multiple deal of the year awards. The Turnaround Atlas awards recognize the best value-creating transactions, and outstanding firms, professionals and leaders from the international restructuring, investing, distressed M&A and turnaround communities.
The Pillsbury team providing strategic counsel to Brookfield on this market-leading transaction included Energy partners Jeffrey Merrifield, Jay Silberg, Elina Teplinsky and Michael Lepre, special counsel Timothy Walsh and senior associate Anne Leidich. Public Policy partners Elizabeth Moeller and Craig Saperstein and senior counsel Gregory Laughlin, and Energy senior attorney Vince Zabielski also played critical roles in the transaction.
Pillsbury has one of the legal industry’s largest and most pre-eminent nuclear energy practices, having worked on large-scale nuclear energy projects and their financing in more than 20 countries. The firm provides advice on policy, regulation, transactions, litigation, intellectual property, real estate and land use. Our experience also extends to crisis response, going back to our representation of the Three Mile Island owner.