The transactions highlighted below are representative of Greenhill engagements. In addition, the Firm has completed many engagements that were not publicly-disclosed.
Recent Transactions
Sort By
20-Dec-04
$596 million
Target:
CornerStone Propane, L.P.
Advised CornerStone Propane L.P., one of the nation's largest propane marketers, in connection with its Chapter 11 proceedings, which resulted in a successful stand-alone restructuring
29-Aug-04
$3.8 billion
Target:
LNR Property Corporation
Acquiror:
Cerberus Capital Management, L.P.
Advised the Special Committee of the Board of Directors and the Board of Directors of LNR Property Corporation, one of the US’ leading real estate investment, finance and management companies, on its sale to Cerberus Capital Management, L.P. and its real estate affiliate, Blackacre Institutional Capital Management, LLC
26-Aug-04
$1.2 billion
Target:
Dresser-Rand Co.
Acquiror:
First Reserve Corporation
(subsidiary of Ingersoll-Rand Co.) Advised Ingersoll-Rand Company on the divestiture of its Dresser-Rand business unit, a supplier of steam and gas turbines, for $1.2 billion to First Reserve Corporation.
02-Aug-04
$771 million
Target:
Pegasus Satellite
Advised the Unsecured Creditors of Pegasus Satellite on the sale of the debtor to DirecTV
18-May-04
$1.9 billion
Target:
Kroll, Inc
Acquiror:
Marsh & McLennan Companies, Inc
Advised Marsh & McLennan, Inc. on its acquisition of Kroll, Inc., the world's leading risk mitigation services firm
17-May-04
$400 million
Target:
Maxxim Medical
Advised specialty medical products company, Maxxim Medical, in connection with its Chapter 11 proceedings and sale to Medline and others
08-Mar-04
$840 million
Target:
International Multifoods Corporation
Acquiror:
JM Smucker Company
Advised International Multifoods Corporation, whose brands include Pillsbury, Martha White, Hungry Jack and Robin Hood, on its sale to the J.M Smucker Company.
13-Feb-04
$631 million
Target:
Allegiance Telecom, Inc.
Advised Allegiance Telecom, a telecommunications products and services provider, in connection with its Chapter 11 proceedings, including its sale to XO Communications, Inc
19-Sep-03
$2.8 billion
Target:
Loral Space and Communications Ltd.
Advised Loral with its Chapter 11 proceedings. Advised on the sale of its North American Fixed Satellite Services assets to Intelsat for $1.1 billion
09-Sep-03
$3.6 billion
Target:
AboveNet, Inc. (Metromedia Fiber Network, Inc.)
Advised Metromedia Fiber Network (now renamed AboveNet), a leading telecommunications company, in connection with its chapter 11 proceedings, including its ultimate standalone financial restructuring
15-Jul-03
$1.1 billion
Target:
Loral Space and Communications Ltd.
Acquiror:
Intelsat Ltd.
Advised Loral with its Chapter 11 proceedings. Advised on the sale of its North American Fixed Satellite Services assets to Intelsat for $1.1 billion
25-Apr-03
$20.8 billion
Target:
AMR Corporation
Advised AMR, parent of American Airlines, on strategic alternatives and implementation of a historic out-of-court restructuring through which a variety of stakeholder concessions were achieved, averting bankruptcy
04-Apr-03
$6.1 billion
Target:
Dynegy Inc.
Advised Dynegy Inc., a leading integrated energy company involved in power generation, gas marketing and processing and regulated energy delivery, on restructuring alternatives during a period of significant pending debt maturities and liquidity constraints. The assignment culminated in a successful renegotiation and extension of Dynegy’s credit facilities
21-Mar-03
$6.1 billion
Target:
Conseco, Inc.
Advised the Official Committee of Unsecured Creditors of Conseco, Inc., a life insurance and annuities company, on the financial restructuring of the Company’s $6 billion of externally held financial indebtedness
18-Mar-03
$7.0 billion
Target:
Wella AG
Acquiror:
The Procter & Gamble Company
Advised Wella AG, a global market leader in hair care and fragrances, on its sale to The Procter & Gamble Company
13-Mar-03
$734 million (Bank Facility)
Target:
RCN Corporation
Advised RCN on the negotiation of an amendment to its $734.4 million bank facility that adjusts and eliminates certain covenants and enables the use of up to $125 million of existing cash and up to $500 million of new secured capital for strategic deleveraging
19-Feb-03
$110 million
Target:
AT&T Latin America
Advised AT&T Latin America on the restructuring and sale of its South American subsidiaries in Argentina, Brazil, Chile, Colombia and Peru to Telefonos de Mexico for $206.7 million. Also advised ATTLA on the resolution of it US Chapter 11 proceedings
31-Jan-03
$NA
Target:
Charles Schwab Europe
Acquiror:
Barclays PLC
Advised The Charles Schwab Corporation on the sale of its British pound sterling brokerage business, to Barclays PLC.
13-Jan-03
$464 million (Liabilities)
Target:
Orius Corp.
Advised Orius Corp, a leader in Telecom Services, on various strategic alternatives, including its ultimate standalone financial restructuring
13-Dec-02
$1.5 billion
Target:
Burger King Corp
Acquiror:
Texas Pacific Group, Bain Capital, Goldman Sachs Capital Partners
(subsidiary of Diageo plc) Advised Diageo plc on sale of Burger King Corporation restaurant system.
14-Nov-02
$375 million
Target:
Sterling Chemicals
Acquiror:
Superior Propane Income Fund
(Pulp Chemicals Business)
Advised Sterling Chemicals on the disposal of its Pulp Chemicals Business. The business is one of the largest providers of chemicals for the processing and bleaching of pulp and paper products.
23-Aug-02
$650 million
Target:
WebLink Wireless, Inc.
Advised WebLink, a leading provider of two-way wireless messaging services, on various strategic alternatives, including its ultimate standalone financial restructuring
12-Aug-02
$450 million
Target:
Ziff Davis Media, Inc.
Advised Ziff Davis Media, Inc., a special interest media company focused on the technology and game markets, regarding its strategic alternatives and, ultimately, with respect to its recapitalisation effectuated through an exchange offer
09-Aug-02
$17.6 billion
Target:
Adelphia Communications
Acquiror:
Time Warner Inc. and Comcast Corp.
Advised the Unsecured Creditors of Adelphia Communications representing $14.5 billion of value in Adelphia’s Chapter 11 proceedings. Advised on the sale of Adelphia’s assets to Time Warner and Comcast for $17.6 billion
30-May-02
$NA
Target:
American Commercial Lines
Advised American Commercial Lines, an operator of barges, towboats and shipyards, on its out of court restructuring