Ropes & Gray represented Bain Capital in the sale of its controlling stake in Hugel Inc., a leading biopharmaceutical company based in South Korea, to a consortium consisting of CBC Group, GS Holdings, IMM Investment and Mubadala Investment. The US$1+ billion transaction was announced on August 24, 2021 and closed on April 29, 2022.
The cross-office and cross-practice Ropes & Gray team was led by private equity partner Jaewoo Lee and included commercial and securities litigation partners Peter Welsh and Anne Johnson Palmer, private equity partner Oliver Nip, mergers and acquisitions partner Michael Beauvais, litigation & enforcement partners Nick Berg, Andrew Dale and Geoffrey Atkins, IP litigation partners David Chun and Matthew Rizzolo, labor and employment partner Megan Bisk, tax partner Elaine Murphy, life sciences regulatory & compliance of counsel Al Cacozza, antitrust counsel Deidre Johnson, and associates Keun Shin, Ethan Kim, Monica Mleczko, Ethan Weinberg, Christa Millard and Denise Sohn.
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