Gregory Pryor

Partner, New York

Biography

Gregory Pryor is a senior lawyer with extensive experience in mergers and acquisitions and corporate counseling.

Overview

Greg is a senior partner in White & Case's Mergers & Acquisitions and Corporate Practice.

He represents corporations, their stakeholders and financial investors in a wide range of complex domestic and cross-border mergers, acquisitions, divestitures, joint ventures and leveraged buyouts.

In addition, public and private corporations regularly receive his counsel on general corporate and compliance matters, restructurings, corporate governance issues and public and private offerings of equity and debt securities.

Bars and Courts
New York State Bar
Education
JD
New York University School of Law
BA
New York University
Languages
English

Experience

Saudi Aramco in its US$69.1 billion acquisition of a 70 percent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF). The transaction was named "M&A Deal of the Year (Over US$50 billion)" by the M&A Advisor (2020).

Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company, in its US$9.45 billion acquisition of Energy Future Holdings Corp., which indirectly owns 80 percent of Oncor Electric Delivery Company, LLC. The transaction, which created the largest utility holding company in the US, valued Oncor at US$18.8 billion. This transaction was named "M&A Deal of the Year" by The Deal in 2018.

Newmont Mining Corporation (NYSE: NEM), a gold and copper producer based in the United States with operations worldwide, in its US$10 billion acquisition of Goldcorp Inc. (NYSE: GG, TSX: G), a Canadian senior gold producer.

Hertz Global Holdings, Inc. (OTCPK:HTZGQ) in the US$7.22 billion reorganization and recapitalization of the company in the context of the company's Chapter 11 proceedings.

Panasonic Corporation in its 20 percent strategic equity investment in Blue Yonder, a leading US end-to-end supply chain software provider.

Hertz Global Holdings, Inc. (NYSE: HTZ) in connection with governance and compliance matters.

Ascendant Digital Acquisition Corp. (NYSE: ACND), a SPAC, in its US$3 billion business combination with Beacon Street Group, LLC, a leading multi-brand digital subscription service platform that provides premium financial research, software, education and tools for self-directed investors.

Luxoft Holding, Inc. (NYSE: LXFT), a global technology services and consulting company headquartered in Switzerland, in its US$2 billion acquisition by DXC Technology Company.

NTT DATA, Inc., a recognized leader in global technology services, in the acquisition of (i) Net eSolutions Corp., a provider of digital design and transformation services for US Department of Health and Human Services agencies; and (ii) Nexient, LLC, a US-based software services firm.

NeuroDerm Ltd. (NASDAQ: NDRM) in its US$1.1 billion sale to Mitsubishi Tanabe Pharma Corporation.

Saudi Refining, Inc. (SRI), a wholly owned subsidiary of Saudi Aramco, in the discontinuation of Motiva Enterprises LLC and the division of Motiva's assets, liabilities and businesses between SRI and affiliates of its joint venture partner, Royal Dutch Shell PLC.

Qingdao Haier, a company that is 41 percent owned by the leading Chinese home appliance manufacturer Haier Group Corp., in its US$5.4 billion acquisition of GE's appliance business, through an auction process. The transaction was named "Cross-border M&A Deal of the Year" by The M&A Advisor 2017.

Panasonic Corporation in the US$1.545 billion acquisition of Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems, from shareholders, including Clayton, Dubilier and Rice LLC.

Vale S.A. (NYSE: VALE), a Brazilian mining company and the largest producer of iron ore and nickel in the world, in its US$550 million acquisition of Brazilian iron ore miner, Ferrous Resources Limited.

Regal Beloit Corporation (NYSE: RBC), a leading global manufacturer of electric motors, mechanical and electrical motion controls and power generation products, in its US$1.44 billion acquisition of the Power Transmissions Solutions business of Emerson Electric Co. (NYSE: EMR).

Hess Corporation in numerous transactions over many years, including the US$850 million disposition of its US East Coast and St. Lucia terminal network to Buckeye Partners; the sale of interests in Bayonne Energy Center and Newark Energy Center; and the acquisition of American Oil & Gas.

Hovensa L.L.C., a US Virgin Islands company and a joint venture formed by Hess Corp. and Petróleos de Venezuela in the sale of substantially all of its petroleum terminalling assets pursuant to Sections 363 and 365 of the Bankruptcy Code, to a subsidiary of ArcLight Capital Partners, LLC.

Federal-Mogul Corporation, a public company controlled by Carl Icahn and listed on the NASDAQ, in its acquisition of Affinia Group, Inc.'s chassis components business.

Roust Trading Ltd. (RTL), an affiliate of Russian Standard Corporation, in connection with RTL's investment in and acquisition of Central European Distribution Corporation through a chapter 11 bankruptcy restructuring. The transaction was recognized as a "standout" transaction by The Financial Times.

Dynegy Inc. with respect to the corporate aspects of the chapter 11 restructuring of approximately US$4 billion of debt obligations.

Golfsmith International Holdings, Inc. (NASDAQ: GOLF), a specialty retailer of golf equipment and related apparel and accessories with 85 retail locations across the United States, in its auction and resulting sale to Golf Town USA Holdings Inc.

Acergy S.A. on its combination with Subsea 7 Inc. to create a US$8.8 billion global leader in seabed-to-surface engineering and construction.

Calpine Corporation in its US$1.65 billion purchase of Pepco Holdings' Conectiv Energy fleet, including 18 operating power plants and one plant under construction.

A consortium of institutional bondholders, including Deutsche Bank and Goldman Sachs, with respect to the acquisition of significant equity interests through the chapter 11 restructuring of Visteon Corporation, one of the world's largest suppliers of automotive parts.

Macquarie Infrastructure Corporation and its subsidiary International-Matex Tank Terminals LLC, in its US$171.5 million acquisition of Epic Midstream LLC, an independent liquid bulk storage and logistics solutions provider.

Macquarie Infrastructure Partners in its sale of Marlin Intermediate HoldCo Inc., the indirect parent company of Waste Industries USA, Inc., a provider of solid non-hazardous waste services in the southeast and mid-Atlantic United States.

Generation Brands Holdings, Inc., a leading supplier in the residential lighting market and a portfolio company of Quad-C, in connection with its pre-packaged Chapter 11 restructuring of approximately US$386 million in debt allowing Quad-C to maintain its controlling equity position.

Natural Products Group, LLC and certain of its subsidiaries, including Arbonne International, LLC and Levlad, LLC, leaders in the manufacture and distribution of personal care products under the Arbonne and Nature's Gate brands, in connection with their restructuring of approximately US$746 million in debt pursuant to a prepackaged Chapter 11 plan of reorganization.

ABB Ltd., one of the world's leading power and automation technology companies, in the sale of its Lummus global upstream petrochemical business for US$950 million and its US$2.2 billion public acquisition of Elsag Bailey Process Automation N.V.

Appaloosa Management and Harbinger Capital Partners as the leaders of a consortium of financial institutions including Goldman Sachs, Merrill Lynch and UBS Securities in their efforts to restructure US auto parts maker Delphi Corporation.

Awards and Recognition

Leading Individual for M&A in the United States, Euromoney, 2021

Leading individual for M&A in the United States, Who's Who Legal, 2021

Recognized Individual for M&A: Large Deals, Legal 500 USA, 2021

Named "M&A Legal Advisor of the Year",  M&A Advisor, 2016