Richard Smith

Partner
Joined firm 2001. Partner since 2010.

Richard has a broad corporate and corporate finance practice with particular experience in public and private M&A, joint ventures and equity capital markets work.  Highlights include advising:

  • Reckitt on the sale of its Infant Formula and Child Nutrition business in China to Primavera Capital Group for $2.2 billion and the sale of its Scholl footcare products business to Yellow Wood Partners
  • Aviva on the sale of its businesses in Poland for €2.5 billion, France for €3.2 billion, Vietnam, Indonesia and Hong Kong and its sale of a majority shareholder in Aviva Singapore to a consortium including Singlife and TPG for cash consideration of SGD 2 billion and a retained 25% shareholding in the new combined group
  • OSIsoft and its principal shareholders on its disposal to AVEVA for $5 billion
  • Fastball on its disposal of FanDuel to Flutter for $4.2 billion
  • Marsh & McLennan Companies Inc. on its recommended cash takeover of Jardine Lloyd Thompson Group plc for £4.9 billion
  • The Walt Disney Company in relation to its acquisition of 21st Century Fox, Inc. and the involvement of Disney and Fox in the takeover battle for Sky plc
  • OVO on its acquisition of SSEs UK retail electricity and gas supply business in the UK
  • GlaxoSmithKline on its major three-part transaction with Novartis involving the combination of their consumer healthcare businesses to form a new world-leading consumer healthcare business, the acquisition by GSK of Novartis' global vaccines business for $5.25 billion plus milestone and royalty payments, and the sale by GSK to Novartis of its marketed oncology portfolio for $16 billion, and also on GSK’s divestments of certain pharmaceutical and consumer healthcare product brands in several transactions in the US, Europe and Rest of World
  • Countrywide, Stock Spirits, Brit, Arrow Global, Watches of Switzerland, certain shareholders of Zoopla and the manager shareholders of Pepco on the IPOs of those companies
  • Equinix on its takeover of Telecity for £2.6 billion and the related competition-mandated divestments of certain data centre businesses in London, Amsterdam and Frankfurt to Digital Realty.