Kirkland & Ellis is advising Platinum Equity, a global mergers, acquisitions, and operations specialist, on entering into exclusive negotiations to acquire Imerys SA's High Temperature Solutions business (HTS) for €930 million. The proposed transaction, which is subject to the fulfilment of customary closing conditions, including the information and consultation of works councils and other regulatory approvals, is expected to be completed by the end of the year.

Read the transaction press release The Kirkland team was led by corporate partner Vincent Ponsonnaille and associates Guillaume Nivault, Lucy Bower, Amanda Levi-Acobas and Marion Callot; debt finance partners Kalish Mullen, Cedric Van den Borren and Neel Sachdev; tax partner Nadine Gelli and associate Louise Chappey; antitrust partner Thomas Wilson; and technology and IP transactions partners Emma Flett and John Patten and associate Max Harris.