Sullivan & Cromwell LLP is a global law firm founded in 1879 and headquartered in New York City. It maintains approximately 875 lawyers across 13 offices in key financial centers in the United States, Europe, Asia, and Australia. The firm advises clients on major domestic and cross-border mergers and acquisitions, corporate finance, litigation, regulatory matters, tax, and restructuring.
Sullivan & Cromwell provides legal services to a diverse range of corporate, financial, and governmental clients worldwide.
Also known as S&C and Sullivan & Cromwell.
Deal uses a 0.25 share exchange valuing Nexa at ~USD 2.03bn equity (USD 3.67bn EV); closing targeted Q1 2027 with a VTO for remaining shares and USD 2.0bn bridge financing.
SPAC deal values company at ~$3.8B; will scale Gen‑4 solid‑state battery production, backed by up to ~€1.4B French subsidy, and target data‑center, aerospace and robotics markets.