Baker McKenzie has appointed Jannan Crozier as the new Chair of the Firm's Global M&A Practice Group.
Jannan is a partner in Baker McKenzie's Corporate Group based in London. She has also worked in the Firm's Moscow and Sydney offices. She advises clients in relation to cross-border mergers and acquisitions and negotiated carve out transactions. Jannan joined the London office as a trainee solicitor in 2003.
Her client work includes advising:
- Hitachi Ltd. on its USD 11 billion acquisition of ABB's power grids business in over 100 jurisdictions (the largest ever acquisition by a Japanese industrial company).
- Global bioscience company Chr. Hansen on the carve out sale of its Natural Colors business to EQT IX fund in a deal worth EUR 800 million.
- KKR on its acquisition and Wella joint venture with Coty for the professional beauty and retail hair business for USD 4.3 billion; a highly complex carve out across more than 70 countries.
On becoming Chair, which will see her join the leadership team of Baker McKenzie's Transactional Practice Group, Jannan said: "In taking on this role, I want to engage with our clients across all markets and industries to facilitate bold and transformational M&A. As a global M&A team we make complex cross-border M&A simple by bringing together Corporate, Finance and other specialists, who understand sector drivers. We deliver strategic, actionable advice and execute deals efficiently using our market leading legal project management and technology solutions. Our goal is to continue to grow ambitiously and to engage a whole new generation of M&A lawyers to create dynamic and diverse teams for our clients."
Commenting on this appointment, Baker McKenzie's Global Chair Milton Cheng said: "I am delighted that such a stellar home-grown talent as Jannan is taking on the role of leading our M&A practice. She is able to connect with clients to understand not just what they need now but strategically what we should be doing to help them identify challenges and opportunities in three to five years’ time. This is vital to the success of our practice and our clients who continue to navigate an increasingly complex and quickly evolving transactional landscape.”
Baker McKenzie has more than 2,500 deal lawyers in over 46 jurisdictions and has been ranked number one in the world for cross-border M&A deals for 14 years. Whether a corporate, investor, financial institution or other stakeholder, we are here to advise on complex legal and commercial issues across: M&A and PE, banking and finance, capital markets, corporate finance, funds, restructuring, projects and natural resources, to maximize deal certainty and secure the intended value of transactions.
Baker McKenzie’s transactional lawyers have recently advised on the following deals:
- Aurora Acquisition Corp. on its $6.9 billion de-SPAC transaction to transform Better, one of the US fastest-growing digital homeownership companies, into a publicly traded company. This follows Baker's advising in the formation and initial public offering of Aurora in March 2021.
- Walgreens Boots Alliance, Inc. in relation to the carve-out and disposal of its Alliance Healthcare business to AmerisourceBergen Corporation for approx. USD 6.5 billion.
- Bayer on its USD 4 billion acquisition of Asklepios BioPharmaceutical, strengthening Bayer's commitment to its cell and gene therapy business.
- Servier on its acquisition of Agios Pharmaceuticals' oncology business for up to USD 2 billion, including commercial, clinical and research-stage oncology portfolio.
- Peak, Turkey’s leading mobile gaming company, on its USD 1.8 billion acquisition by Zynga Inc., a US-based global leader in interactive entertainment.
- Embracer Group AB and its subsidiaries on their agreements to acquire or merge with The Gearbox Entertainment Company, Easybrain Limited and Aspyr Media Inc for an aggregated day one purchase price for the transactions of approx. SEK 9.3 billion (approx. USD 1.1 billion).
- HengTen Networks Group Limited on the acquisition of the entire issued share capital in Virtual Cinema Entertainment Limited for HKD 7.2 billion (approx. USD 929 million).
- Nielsen Holdings plc on the USD 2.7 billion sale of its Global Connect business to affiliates of Advent International.
- Air Liquide on the EUR 1 billion (appr. USD 1.2 billion) sale of its subsidiary Schülke Group, to EQT, Swedish financial investor.
- Equinix Inc on its second USD 1 billion joint ventures with Singapore-based GIC to develop and operate xScaleTM data in Japan.