Transactional

Mergers and Acquisitions

Our team brings unmatched expertise to every stage of mergers and acquisitions.

500+ M&A lawyers around the globe

Advised on the largest M&A deal in history: SpaceX’s $1.25 trillion acquisition of xAI

165+ M&A Partners

Top-tier ranking for Global M&A

– The Deal

Overview

Gibson Dunn is one of the leading law firms in the world representing clients in complex transactions.

Built on 136 years of partnering with our clients to fulfill their business objectives through opportunistic acquisitions and timely dispositions, our M&A team crafts legal strategies that are meticulously tailored to every matter.

A global M&A platform. With a combination of fully dedicated M&A lawyers in the U.S. and international financial centers, we offer seamless, worldwide service across the full spectrum of disciplines required to execute multifaceted transactions successfully, including antitrust and competition, acquisition financing, capital markets, executive compensation and employee benefits, environmental, intellectual property, litigation, regulatory, and tax. Our deal teams execute multifaceted transactions seamlessly and deliver strategic solutions to clients, who include public and private companies, boards of directors, financial advisors and sponsors. We work as a single team, maintain continuity, provide clients with visibility, identify issues and craft solutions. Our clients’ important business objectives are the highest priority and we actively manage every step of their M&A journey to set them up for post-transaction success.

We have extensive experience in all types of complex domestic and cross-border transactions, including:

  • Mergers of public and private companies
  • Going private transactions
  • Strategic investments and joint ventures
  • Stock and asset purchases
  • Tender and exchange offers
  • Private equity groups acquisitions
  • Restructurings and acquisitions out of bankruptcy
  • Cross-border transactions
  • Divestitures, carveouts and spin-offs
  • Special committee representations
  • Anti-takeover defenses and proxy contests
  • Shareholder activism and defense
  • Leveraged buyouts and private equity investments

Our integrated approach – built on deep experience and a team mindset and executed efficiently across jurisdictions – ensures that our clients get the commercial and fulsome advice to get deals done.

“They have a surgical approach on how to negotiate points that matter to make sure transactions keep moving forward. They're efficient and bring a business mindset to matters.”

Chambers USA, client quote

Experience

Recent representations include:

  • SpaceX: Advised SpaceX on its $1.25 trillion merger with xAI, the largest M&A deal in history.
  • Arcosa: Advised Arcosa, a provider of infrastructure-related materials, products and solutions, on its $8.5 billion sale to CRH, the leading provider of building materials.
  • SpaceX: Advised SpaceX on its partnership with and subsequent $60 billion acquisition of Cursor to create the world’s best coding and knowledge work AI.
  • Coterra Energy: Advised Coterra Energy on its $58 billion all-stock merger with Devon Energy, a leading oil and gas producer.
  • Berkshire Hathaway: Advised Berkshire Hathaway on its $8.5 billion acquisition of Taylor Morrison Home Corporation, a leading U.S. community developer and homebuilder with over 350 communities concentrated in prime locations across 21 markets in 12 states.
  • Chevron: Advised Chevron Corporation on its pending $2.17 billion sale of its interest in the SRC Refinery in Singapore and its fuel station networks in Singapore, Malaysia, Indonesia, the Philippines, Vietnam, and Australia to ENEOS Holdings.
  • Diginex: Advised Diginex, a leading provider of Sustainability RegTech solutions, on its pending $1.5 billion acquisitions of Resulticks Global Companies Pte Limited, a globally recognized leader in real‑time, AI‑driven customer intelligence solutions.
  • AT&T: Advised AT&T on its $5.75 billion acquisition of substantially all of Lumen’s Mass Markets fiber business.
  • Merck: Advised Merck on its $9.2 billion acquisition of Cidara Therapeutics, a biotechnology company developing drug-Fc conjugate (DFC) therapeutics.
  • Essential Utilities: Advised Essential Utilities, a large, public water and gas utility company, on its pending $40 billion merger and $63 billion combined enterprise value with American Water Works, the largest U.S. regulated water and wastewater utility company.
  • C&S Wholesale Grocers: Advised C&S Wholesale Grocers, a wholesale grocery supplier, on its $1.77 billion acquisition of SpartanNash®, operator of food wholesale and grocery retail businesses.
  • News Corp: Advised News Corp, a global media company, on its AUD $3.4 billion sale of Foxtel Group, an Australian digital sports and entertainment company, to DAZN Group, a provider of sports streaming.
  • SilverBow Resources: Advised SilverBow Resources, a Houston-based independent exploration and production company, on its $2.1 billion sale to Crescent Energy Company.
  • Pioneer Natural Resources: Advised Pioneer Natural Resources, the independent oil and gas exploration and production company, on its $64.5 billion merger with ExxonMobil, an international energy and petrochemical company, creating a leading high-quality, undeveloped U.S. unconventional inventory position.
  • VMware: Advised VMware, the leading innovator in enterprise software, on its ~$89 billion acquisition by Broadcom Inc. of all outstanding shares of VMware.

Practice Leaders