Judie Ng Shortell

Paul, Weiss is advising UK-based GSK plc in its proposed acquisition of an investigational molecule used to treat autoimmune disease from Chimagen Biosciences, a China-based privately held biotechnology company. Under the terms of the agreement, GSK will pay $300 million up front to acquire the full global rights to the molecule, CMG1A46. Chimagen will also be eligible to receive success-based development and commercial milestone payments for CMG1A46 totaling $550 million. GSK plans to develop and commercialize CMG1A46, with a focus on certain types of lupus, with potential to expand into related autoimmune diseases. The transaction is subject to customary closing conditions and regulatory approvals. The Paul, Weiss team is led by partners Krishna Veeraraghavan, Benjamin Goodchild, Jonathan Ashtor and Bonnie Chen, and includes corporate partner Judie Ng Shortell and counsel Jack Sun; tax partner Cian O’Connor; and litigation partners Geoffrey Chepiga and Crystal Parker.

Oct 29

1 min

Paul, Weiss advised General Atlantic in its acquisition of Actis, a leading investor in sustainable infrastructure, creating a diversified global investment platform with approximately $97 billion in combined assets under management. Under the deal Actis becomes the sustainable infrastructure arm within General Atlantic’s global investment platform. The Paul, Weiss team was led by corporate partners Matthew Abbott, Cullen Sinclair and Conrad van Loggerenberg, and included, among others, partners Maury Slevin, Aaron Schlaphoff, Suhan Shim, Judie Ng Shortell, Ravi Purohit and Erika Detjen, and counsel Libbie Walker, Arik Hirschfeld, Nathan Mitchell, Michael Spirtos, Rachel Shepardson and Caitlin Kelly; tax partners Lindsay Parks, Reuven Garrett, Timothy Lowe and Cian O’Connor; executive compensation partners Lawrence Witdorchic and Jarrett Hoffman and counsel Jake Glazeski; intellectual property partner Claudine Meredith-Goujon; antitrust partner Marta Kelly, and counsel Yuni Sobel, Chad de Souza and John Magruder; litigation partners John Carlin and Andrew Gordon; and environmental counsel William O’Brien.

Oct 1

1 min

Paul, Weiss is advising private equity firm DCP Capital in its acquisition of the China-based poultry business of Cargill, the world’s largest agribusiness company. The acquisition includes all of Cargill’s chicken farms in China and related processing sites. Financial terms of the transaction were not disclosed. The acquisition is expected to close later this year, subject to regulatory approvals. The Paul, Weiss team includes corporate partner Judie Ng Shortell and counsel Jack Sun; and intellectual property partner Claudine Meredith-Goujon.

Jun 1

1 min

Paul, Weiss advised BMO Capital Markets Corp. as the representative for the initial purchasers in Silvercorp Metals Inc.’s private offering of $150 million aggregate principal amount of 4.75% convertible senior notes due 2029. Silvercorp Metals is a Canadian mining company with assets in China and Ecuador. The net proceeds from the offering will be used for the construction of copper-gold mining projects outside of China, for the exploration and development of other projects, and for working capital. The Paul, Weiss team was led by corporate partners Christopher Cummings and Christian Kurtz, and included partners Adam Givertz, Judie Ng Shortell, Bosco Yiu and Matthew Merkle, and counsel Jack Sun; tax partner Matthew Jordan, and counsel Samir Kurani; environmental counsel William O’Brien; and executive compensation counsel Jake Glazeski.

Dec 2

1 min

Paul, Weiss is advising General Atlantic in its acquisition of Actis, a leading investor in sustainable infrastructure, to create a diversified global investment platform with approximately $96 billion in combined assets under management (AUM). Under the deal, Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform. The transaction is expected to close in the second quarter of 2024, subject to customary closing conditions and regulatory approvals. The Paul, Weiss team was led by Matthew Abbott, Cullen Sinclair and Conrad van Loggerenberg and includes, among others, corporate partners Maury Slevin, Aaron Schlaphoff, Suhan Shim, Judie Ng Shortell and Ravi Purohit, and counsel Libbie Walker, Arik Hirschfeld, Erika Detjen, Michael Spirtos and Nathan Mitchell; tax partners Lindsay Parks, Reuven Garrett, Timothy Lowe and Cian O’Connor; executive compensation partner Lawrence Witdorchic and Jarrett Hoffman and counsel Jake Glazeski; intellectual property partner Claudine Meredith-Goujon; antitrust counsel Yuni Sobel; litigation counsel Steven Herzog; and environmental counsel William O’Brien.

Jan 16

1 min