Paul Doris is counsel in Skadden’s corporate practice, focusing principally on cross-border mergers and acquisitions, private equity, and infrastructure transactions.
Having practised English corporate law in London, Madrid, Frankfurt and Paris, Mr. Doris has extensive experience of cross-border M&A, private equity (including real estate private equity) and infrastructure transactions in Western Europe, particularly in the U.K. and Spain.
He also has advised on leveraged buyouts, take-privates, restructurings and refinancings throughout Central and Eastern Europe, particularly in the telecommunications, financial and real estate sectors. In addition, he has represented financial sponsors, infrastructure investors and financial institutions on a broad range of cross-border transactions in Latin America, India and the Middle East.
A selection of Mr. Doris’ transactional experience includes representing:
- Nokia Corporation in the pending US$7.2 billion sale of its devices and services business and license of its patents to Microsoft Corporation;
- Revlon Inc. in its pending US$660 million acquisition of The Colomer Group from CVC Capital Partners and other private investors;
- Mylan Laboratories Inc. on its pending US$1.6 billion acquisition of the Agila injectables businesses from Indian pharmaceutical company, Strides Arcolab Limited;
- BTG Pactual on its successful €1 billion bid, as part of an international consortium, for the 50-year concession to manage, operate and maintain Aigües Ter Llobregat, the Catalonian water utility. The transaction is the largest privatization effected in the region of Catalonia to date;
- BTG Pactual on its successful €430 million bid, together with abertis Infraestructuras, S.A., to acquire the concessionaire company, Túnels de Barcelona i Cadí Concessionària de la Generalitat de Catalunya, S.A.;
- Rain CII Carbon LLC, a subsidiary of Rain Commodities Limited (India), in its US$914 million acquisition of RUTGERS (Germany), a manufacturer of specialty chemicals, from funds advised by Triton (United Kingdom);
- Affiliates of Doughty Hanson & Co. Managers Limited (United Kingdom) in the US$1.1 billion sale, along with Euroland Investments B.V., of Norit N.V., a manufacturer of carbon-based products, to Cabot Corporation, a specialty chemicals company;
- Tumi Holdings, Inc. (a portfolio company of Doughty Hanson & Co.), a manufacturer of upscale luggage and travel accessories, in its US$389 million IPO of common stock;
- Affiliates of Doughty Hanson & Co. V on the acquisition of a substantial interest in Grupo Hospitalario Quirón and the agreement under which Doughty Hanson & Co V and the Cordón Muro family jointly control USP Hospitales and Grupo Hospitalario Quirón, one of Spain’s largest private hospital groups;
- One Equity Partners and Constantia Flexibles on the acquisition of Amcor Flexibles Tobepal from Amcor;
- RREEF Alternative Investments, as part of an international consortium comprising Area Property Partners, Europa Capital and Banca March, on the €1.5 billion acquisition of approximately 1,200 Spanish bank branches and landmark buildings and their simultaneous long-term lease back to Banco Bilbao Vizcaya Argentaria;
- Perella Weinberg Real Estate UK LLP on various English corporate and finance law matters relating to its international investment portfolio;
- Suez Environnement on its €666 million acquisition of a significant minority interest in Aguas de Barcelona from Criteria CaixaCorp and its €687 million indirect disposal of a controlling interest in leading Spanish health insurance company, Adeslas;
- Gas Natural on various English corporate and finance law matters relating to its €16.7 billion merger with Unión Fenosa and Unión Fenosa Generación;
- Affiliates of Warburg Pincus on the disposal of Eurocom Cable Management Bulgaria to Bultel Cable Bulgaria, a subsidiary of EQT; the acquisition of NetCentrum, a Czech Internet company; the acquisition of Atlas, a Czech Internet portal; the leveraged buyout of The Falstap Group, a Ukrainian cable operator; and the leveraged buyout of Bulgarian cable operator, Eurocom Cable;
- Inmobiliaria Colonial on certain English finance law matters relating to its €4.9 billion debt restructuring;
- Low & Bonar PLC on the disposal of its international contract flooring business, Bonar Floors, to Forbo Holding AG and the establishment of its Spanish joint venture, Bonar Floors España;
- Compass Group PLC on the £772 million disposal of its European vending business, Selecta AG, to a company managed by Allianz Capital Partners;
- An international private equity consortium on its proposed take-private of an incumbent telecommunications group;
- An international consortium led by Goldman Sachs, and comprising Borealis, GIC and Infracapital, on the £2.8 billion acquisition of Associated British Ports, the U.K. ports operator;
- An international consortium led by Grupo Ferrovial on the £10.1 billion acquisition of BAA plc, the U.K. and international airports operator;
- The international consortium led by Goldman Sachs, and comprising Borealis, GIC and Infracapital, on the £2.8 billion acquisition of Associated British Ports, the U.K. ports operator; and
- The international consortium led by Grupo Ferrovial on the £10.1 billion acquisition of BAA plc, the U.K. and international airports operator.
Mr. Doris is recommended for private equity transactions in The UK Legal 500 2013 and has been listed as a leading lawyer in Chambers Global and Chambers Europe, drawing praise for being “an adept M&A lawyer” who is “particularly experienced in the private equity arena.”
He is a visiting lecturer on international M&A and private equity at IE Business School, Madrid.
Prior to joining Skadden, Mr. Doris practised English law in the London and Madrid offices of another leading international law firm.
Legal Practice Course, The College of Law, 1997-1998
B.A. (Common and Civil Law and Hispanic Studies), The Queen’s University of Belfast, 1993-1997 (Hons)
Spanish Law, La Universidad de Salamanca, 1995-1996