Viktor Sapezhnikov

Partner

Chair, Public Company M&A and Activism

Emailviktor.sapezhnikov@us.dlapiper.com

About

Viktor Sapezhnikov focuses his practice on mergers and acquisitions (M&A), corporate governance, and general corporate and securities matters. Viktor's practice has included a wide range of matters in various industries, including domestic and cross-border acquisitions, divestitures, business combinations, private equity transactions, joint ventures, and spin-offs. Viktor also advises companies and their boards on takeover defense, shareholder activism, and proxy contests.

Areas of FocusCorporate Mergers and Acquisitions

Bar AdmissionsNew York

EXPERIENCE

Technology, Media and Telecommunications

Broadcom in its
- US$69 billion acquisition of VMware
- US$4 billion sale of VMware's End-User Computing Division to KKR
- sale of VMware's VeloCloud business to Arista Networks
- US$150 billion proposal to acquire Qualcomm
- US$18.9 billion all-cash acquisition of CA Technologies
- US$10.7 billion all-cash acquisition of the enterprise security business of Symantec
- US$950 million sale of Veracode to Thoma Bravo
- purchase of a subordinated convertible promissory note and preferred stock from Pensando
- divestiture of its Cyber Security Services business to Accenture
- global preferred services partnership with HCL Technologies

Motorola Solutions in its
- acquisition of Silvus Technologies for up to US$5 billion
- public offering of US$2 billion of senior unsecured notes
- US$1.59 billion repurchase of its 1.75% senior convertible notes from Silver Lake
- investment in Evolv Technology
- extension of its strategic partnership with Silver Lake, including a US$1 billion investment from Silver Lake and settlement of existing US$800 million of convertible notes held by Silver Lake
- US$965 million secondary offering of Motorola Solutions shares of common stock by entities affiliated with Silver Lake
- initial entry into a strategic partnership with Silver Lake, which included a US$1 billion investment by Silver Lake, and self-tender offer to purchase up to US$2 billion of common stock
- US$3.45 billion sale of its Enterprise business to Zebra Technologies

Trump Media & Technology Group in its US$6 billion merger with TAE Technologies

Charter Communications in its
- US$78.7 billion merger with Time Warner Cable
- US$10.4 billion acquisition of Bright House Networks
- wireless cooperation agreement with Comcast

BMC Software in its US$6.9 billion sale to an investor group including Bain Capital, Golden Gate Capital, GIC Special Investment and Insight Venture Partners

TEGNA in its
- all-cash acquisition by Standard General at an enterprise value of approximately US$8.6 billion
- US$250 million sale of CareerBuilder to Apollo Global Management and the Ontario Teachers' Pension Plan Board
- spin-off of Cars.com
- US$6.2 billion acquisition by Nexstar Media Group

Publicis Groupe S.A. in its US$4.4 billion acquisition of Alliance Data Systems' Epsilon business

GCP Applied Technologies in its US$1.05 billion sale of its Darex Packaging Technologies business to Henkel

Expedia in its US$3.9 billion acquisition of HomeAway

Stratasys Ltd. in its
- response to a US$1.3 billion and a US$1.2 billion unsolicited acquisition proposal by 3D Systems
- response to unsolicited partial tender offers by Nano Dimension
- announced US$1.8 billion all-stock combination with Desktop Metal
- adoption of a shareholder rights plan

Gannett in the separation of its publishing business and its broadcasting and digital business through a spin-off of the publishing business

The Special Committee of the Board of Directors of Activision Blizzard in an US$8.2 billion purchase of shares of Activision from Vivendi, its controlling stockholder, by Activision and ASAC II L.P., an investment vehicle formed by CEO Bobby Kotick and Co-Chairman Brian Kelly

Corning in its US$1.9 billion acquisition of the remaining 50% interest in Samsung Corning Precision Materials from Samsung Display and other minority shareholders and the structuring of Samsung Display's US$2.3 billion investment in and strategic collaboration with Corning

Real Estate

Prologis in its
- US$26 billion all-stock acquisition of Duke Realty
- US$12.6 billion acquisition of Liberty Property Trust

Public Storage in
- its joint proposal with Ki Corporation to acquire Abacus Storage King at an US$3.0 billion enterprise value
- its US$2.2 billion acquisition of Simply Self Storage from a global alternative asset manager
- its proposed US$15 billion all-stock acquisition of Life Storage
- connection with the EUR2 billion initial listing of Shurgard Europe

PS Business Parks in its US$7.6 billion acquisition by a global alternative asset manager

Taubman in a US$9.8 billion merger and joint venture with Simon Property Group

Forest City Realty Trust in its US$11.4 billion sale to Brookfield

Annaly Capital Management in its
- US$1.5 billion acquisition of Hatteras Financial
- US$900 million acquisition on MTGE Investment

Quality Care Properties in its US$3.9 billion acquisition by Welltower, including its related agreement with ProMedica Health System to acquire HCR ManorCare through a bankruptcy reorganization

Regency Centers in its US$15.6 billion merger with Equity One

Healthcare, Pharmaceuticals and Biotechnology

Varian Medical Systems in
- its US$16.4 billion sale to Siemens Healthineers
- the spin-off of its Imaging Components business

Mallinckrodt in its
- US$6.7 billion combination with Endo, Inc.
- US$5.6 billion acquisition of Questcor Pharmaceuticals
- US$2.3 billion acquisition of Ikaria
- US$1.4 billion acquisition of Cadence Pharmaceuticals
- US$1.325 billion acquisition of Therakos

Medical technology company in its US$6.1 billion sale of a portion of its Patient Monitoring & Recovery Division to Cardinal Health

Covidien in its
- US$49.9 billion acquisition by a medical technology company
- US$2.5 billion spinoff of Mallinckrodt, its pharmaceuticals business

Frutarom in its
- US$7.1 billion sale to International Flavors & Fragrances
- US$290 million acquisition of Enzymotec

AbbVie in its US$7.5 billion modified Dutch auction tender offer to repurchase its common stock

Hologic in its US$1.65 billion acquisition of Cynosure

Valeant Pharmaceuticals in its US$1.3 billion sale of its CeraVe, Ambi and Acne Free brands and related assets to L'Oreal USA

Abbott Laboratories in its US$25 billion acquisition of St. Jude Medical

Energy

Spectra Energy in its US$28 billion merger of equals with Enbridge

Greenskies Renewable Energy in its sale to Clean Focus

Ameren Corporation in its sale of Ameren Energy Resources Company to Illinois Power Holdings, a subsidiary of Dynegy

Doosan Corporation in its acquisition of the assets of ClearEdge Power in a Section 363 bankruptcy sale

Retail, Manufacturing and Other

XPO Logistics in its:
- US$870 million asset purchase agreement with Yellow Corporation
- US$710 million divestiture of its North American intermodal business to STG Logistics
- spin-off of RXO, its tech-enabled brokerage operations
- spin-off of GXO, its logistics business
- its US$690 million common stock offering
- acquisition from Kuehne + Nagel of contract logistics operations in the UK
- acquisition of all shares in XPO Logistics Europe owned by Elliott Capital Advisors

GXO Logistics in its
- EUR762 million acquisition of Wincanton
- US$181 million acquisition of PFSweb

Jacobs Private Equity in its US$1 billion investment in SilverSun Technologies

QXO in its US$11 billion acquisition of Beacon Roofing Supply

PetSmart in a US$8.7 billion leveraged buyout by a private equity consortium led by BC Partners

First Quality Enterprises in its
- acquisition of Henkel's private label detergents, fabric finishers and dishwash categories serving retail customers in North America
- US$240 million acquisition of Domtar Corporation's pulp mill located in Ontario, Canada.
- sale of its nonwovens operations in the United States and China to R2G Rohan Czech.
- acquisition of Fempro