On February 1, 2013, The Carlyle Group (“Carlyle”) completed the acquisition of DuPont Performance Coatings (“DPC”), a business unit of E. I. du Pont de Nemours and Company (“DuPont”). The purchase price for DPC was $4.9 billion in cash (the “transaction”). Carlyle also assumed $250 million of DPC’s unfunded pension liabilities as part of the transaction.
DuPont and DPC were advised with respect to the Canadian aspects of the transaction by a team of Fasken Martineau lawyers including Sean Stevens, Bill Bies, Karen Sargeant, Peggy McCallum and Dan Law.
Client Work
The Carlyle Group aquires DuPont Performance Coatings for US$4.9 billion
Fasken
Reading Time
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Overview
Overview
Team
Team
- Sean S. Stevens, Partner | Co-Leader, Capital Markets and Mergers & Acquisitions (CM and M&A), Toronto, ON, +1 416 868 3352, sstevens@fasken.com
- Karen M. Sargeant, Partner | Managing Partner, Ontario, Toronto, ON, +1 416 868 3475, ksargeant@fasken.com
- Peggy A. McCallum, Counsel | Pensions and Benefits, Toronto, ON, +1 416 865 4372, pmccallum@fasken.com
- Daniel R. Law, Partner | Real Estate Law, Toronto, ON, +1 416 868 3479, dlaw@fasken.com
