News & Events

Simpson Thacher is representing affiliates of EQT Infrastructure VI in connection with the announced definitive agreement for a consortium led by Global Infrastructure Partners and EQT, along with co-underwriters California Public Employees’ Retirement System and Qatar Investment Authority, to acquire The AES Corporation for $15.00 per share, representing a total equity value of $10.7 billion and an enterprise value of approximately $33.4 billion, including the assumption of existing debt. The...

Simpson Thacher is representing KKR and Singtel (together, the “Consortium”) as transaction counsel in connection with the full acquisition of ST Telemedia Global Data Centres (“STT GDC”), a leading data center colocation services provider. Funds managed by the Consortium will acquire the remaining 82% stake in STT GDC (not already held by KKR and Singtel) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (approximately US$5.1 billion). This represents an implied...

The Firm successfully represented LanzaTech Global, Inc. (“LanzaTech”), a carbon recycling company, in an appeal before the New York Appellate Division, First Department. On January 27, 2026, the First Department unanimously affirmed Simpson Thacher’s win for LanzaTech against the former holder of a convertible promissory note issued by LanzaTech. Plaintiff had filed suit to enjoin and rescind a financing transaction executed between LanzaTech and a third-party investor in May 2025. Simpson...

Simpson Thacher represented Bytedance Ltd. and its affiliates in connection with the establishment of TikTok USDS Joint Venture LLC in compliance with the Executive Order signed by President Trump on September 25, 2025. The Simpson Thacher team included Atif Azher, Mark W. Myott, Eric Swedenburg, Sherry Shen, Marina A. Hernandez, William Lyoo and Jason Anterasian (M&A – U.S.); Yang Wang, Jie Min, Charlie Lin and Roderick Sheng (M&A – Beijing); William Brentani (Capital Markets); Lori E....

Simpson Thacher advised Coller Capital on the formation and raising of Coller International Partners IX (CIP IX), its largest ever fund, bringing the total capital raised to $17 billion for Coller’s private equity secondaries platform, across its commingled funds, co-investment funds, separately managed accounts and equity perpetual funds, in its latest fundraising cycle. CIP IX invests in LP-led and GP-led secondary transactions around the globe, focusing on high-quality portfolios. Aligned...

Simpson Thacher is representing JPMorgan Chase Bank, N.A. in connection with its agreement to become the new issuer of the Apple Card. Simpson Thacher is also representing JPMorgan Chase Bank, N.A. in its related pending acquisition of the Apple Card portfolio, which is estimated to bring over $20 billion of card balances to the Chase platform. Completion of the proposed transaction is subject to required regulatory approvals. The Simpson Thacher team includes Lee Meyerson, Matt Nemeroff,...

Simpson Thacher advised Medline Inc. on its initial public offering, which raised total gross proceeds of more than $7 billion. In addition to being the largest healthcare IPO in history, Medline’s offering is the largest IPO of 2025 and the largest private equity–backed IPO ever. A total of 248,439,654 shares of Class A common stock were sold in the offering, including the full exercise by the underwriters of their option to purchase additional shares, at a price to the public of $29 per...