White & Case
  Philip J. Power
Partner
Riyadh

T: + 966 1 2546 800
F: + 966 1 2177 753
E:
Practice Experience
Philip Power is a highly experienced M&A lawyer who advises on complex acquisitions, disposals, investments and other corporate transactions. He has acted as a senior advisor in numerous mergers & acquisitions and private equity transactions, with responsibility for all aspects of the deal, including due diligence review, development of transaction structure with senior executives and financial advisors, analysis of legal issues, strategic advice, drafting and negotiation of definitive documentation, and coordination with local and special counsel. Transaction experience includes public and private company mergers, stock and asset sales and purchases, joint ventures, tender offers and representation of financial advisors. Phil relocated to Riyadh from our Abu Dhabi office.

Representative transactions include: 
  • Represented the Board of Directors of Visa International Service Association in connection with the reorganization of the global Visa payments network, formerly comprised of six regional entities, into the newly-formed Visa Inc. and the $17.9 billion initial public offering of Visa Inc. 
  • Represented Abu Dhabi Investment Company in its acquisition of Orasinvest Holding from Orascom Telecom. 
  • Represented COSAN S/A Industria E Comercio in connection with its acquisition of Esso Brasileria de Petroleo Limitada (Essobras) from affiliates of ExxonMobil International for $826 million. 
  • Represented Mid Europa Partners and its portfolio company, The Wheelabrator Group, in connection with the acquisition of DISA Holding from affiliates of Procuritas Capital Investors. 
  • Represented WellPoint, Inc. in connection with its acquisition of Resolution Health, Inc. from affiliates of Trident Capital and certain other selling shareholders of RHI. 
  • Represented private equity firm Harvest Partners in connection with (i) Harvest's acquisition of wire and cable distributor Communications Supply Corporation (subsequently represented CSC in its separate acquisitions of Calvert Wire & Cable Corporation and Liberty Wire & Cable, Inc.), (ii) the sale of CSC to Wesco Distribution, Inc. and (iii) the recapitalization of Harvest portfolio company Associated Materials Incorporated and sale of a 50% equity interest in AMI to affiliates of Investcorp International. 
  • Represented Starwood Capital Group in connection with: 
    • SCG's acquisition of the U.S. racing and gaming operations of Wembley, Plc; and SCG's entry into a joint venture with Lehman Brothers to acquire the "Le Meridien" worldwide chain of hotels and resorts. 
  • Represented Tyco International in connection with the disposition of assets and subsidiaries related to its Tyco Electronics Building Technologies division and the sale of assets and subsidiaries comprising the Tyco Printed Circuit Group to TTM Technologies. 
  • Represented private equity firm Lightyear Capitalin connection with Lightyear's acquisition of telecom equipment re-seller Telmar Network Technology and Lightyear's acquisition of the internet-based home equity loan origination and servicing platform and related assets of DeepGreen Bank. 
  • Represented the special committee of independent directors of Williams Energy Partners in connection with a $1 billion acquisition of pipeline and terminals assets from The Williams Companies. 
  • Represented The Blackstone Group in connection with sales of pipeline terminals assets to Equilon and Motiva. 
  • Represented British Energy in the sale of its 50% interest in AmerGen Energy to Florida Light & Power for $276.5 million. 
  • Represented DHL Worldwide Express in connection with DHL's acquisition of Airborne, Inc. for $1 billion 
  • Represented L-3 Communications in its acquisition of ComCept, Inc.

Education
JD, Fordham University School of Law, 1997
BA, Williams College, 1992

Languages
English