Penelope has experience representing corporate borrowers, private equity sponsors and their portfolio companies, and lenders in a broad range of domestic and cross-border transactions, including leveraged finance, acquisition finance, structured finance, asset-based lending, syndicated and bilateral secured and unsecured lending, refinancing and restructuring facilities, general corporate finance, and other finance transactions.
Expertise
Industries
Experience
Representative matters
Europe's largest tourism/travel company TUI on various landmark transactions, including the EUR 6.5bn cross-border all-share merger with TUI Travel plc., the disposal of Hotelbeds Group for EUR 1.2bn, the sale of Hapag-Lloyd Cruises for EUR 1.2bn and the delisting from the London Stock Exchange.
Globally operating container liner company Hapag-Lloyd on various buy- and sell-side transactions, including the acquisition of other liner companies and interests in port terminals across the globe.
Norway's $1.6 trillion sovereign wealth fund Norges Bank on various transactions involving German listed blue chips.
Germanys’ largest foundation RAG-Stiftung in a club-deal with PE investors Cinven and Advent on the EUR 19.4bn acquisition of thyssenkrupp Elevator.
Uniper, a German domiciled multinational energy company, on the hostile public takeover by Finnish investor Fortum.
Evonik Industries, on of the globally leading specialty chemicals company on the EUR 3.3bn public takeover of Degussa AG, subsequent squeeze-out, delisting and award proceeding.
Software group SAP on the public takeover of SAP System Integrations AG, subsequent squeeze-out, delisting and award proceeding.
alstria, Germanys’ leading manager for office real estate, on the public takeover by Brookfield.
Germanys’ leading port terminal operator HHLA in connection with the strategic investment by COSCO Shipping Ports Limited in HHLA’s container terminal Tollerort (Germany)
Globally operating container liner company Hapag-Lloyd on various buy- and sell-side transactions, including the acquisition of other liner companies and interests in port terminals across the globe.
Norway's $1.6 trillion sovereign wealth fund Norges Bank on various transactions involving German listed blue chips.
Germanys’ largest foundation RAG-Stiftung in a club-deal with PE investors Cinven and Advent on the EUR 19.4bn acquisition of thyssenkrupp Elevator.
Uniper, a German domiciled multinational energy company, on the hostile public takeover by Finnish investor Fortum.
Evonik Industries, on of the globally leading specialty chemicals company on the EUR 3.3bn public takeover of Degussa AG, subsequent squeeze-out, delisting and award proceeding.
Software group SAP on the public takeover of SAP System Integrations AG, subsequent squeeze-out, delisting and award proceeding.
alstria, Germanys’ leading manager for office real estate, on the public takeover by Brookfield.
Germanys’ leading port terminal operator HHLA in connection with the strategic investment by COSCO Shipping Ports Limited in HHLA’s container terminal Tollerort (Germany)
Qualifications
Admissions
Admitted: Bar of the State of New York, 2018
Academic
J.D., Harvard Law School, 2017
M.Phil., University of Cambridge, 2014
B.A., Columbia University, 2012
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.