On April 15, 2016, Newell Rubbermaid Inc. (Newell) completed its acquisition of Jarden Corporation (Jarden) for US$15.4 billion, creating a global consumer-products company with a broad portfolio that will use its increased size to cut costs and bolster investment in its most-promising businesses. The new company will be called Newell Brands.
Newell was represented in the US by Bob Profusek, Lizanne Thomas and Erik Belenky (M&A), David Wales, Ryan Thomas, Laura Malament (anti-trust and competition) of Jones Day, and Mario Ponce, Nick Ramphal, Brian Steinhardt (M&A), John Creed (tax) of Simpson Thacher & Bartlett LLP; and in Canada by Jeffrey Brown and Justine Johnston (competition/regulatory) of Stikeman Elliott LLP.
Jarden was represented in the US by Clifford Neimeth, Alan Annex, Gary Silverman (M&A), and Stephen Pepper (anti-trust & trade regulation) of Greenberg Traurig, LLP and Mitchell Hollander and Robert Lawrence of Kane Kessler, P.C.; and in Canada by Jason Gudofsky and Kate McNeece (competition) of Blake, Cassels & Graydon LLP.