John Adebiyi focuses on corporate matters, in particular public and private mergers and acquisitions and private equity transactions.

Bio

Representative matters in which Mr. Adebiyi has been involved include advising:

  • Royal Caribbean Cruises Ltd. in its US$1 billion acquisition of a 66.7 percent stake in Silversea Cruises;
  • Morgan Stanley as senior lender and financial advisor to Global Business Travel Holdings Limited, a wholly owned subsidiary of Netherlands-based GBT III B.V, in its £400 million acquisition of Hogg Robinson Group plc, a publicly traded, U.K.-based corporate services organization;
  • Armstrong World Industries, Inc. in the US$330 million sale of its EMEA and Pacific Rim businesses to Knauf International Gmbh;
  • DH Private Equity Partners and Middenberm Group in the US$2 billion sale of TMF Group Holding B.V. to funds advised by CVC Capital Partners Limited;
  • Ctrip.com International, Ltd. in its:
    • US$1.7 billion acquisition of Skyscanner Holdings Limited; and
    • acquisition of a 70 percent stake in Travelfusion Ltd., a provider of software for the travel industry;
  • Doughty Hanson & Co. in its US$1.65 billion sale of LM Wind Power A/S to General Electric Company;
  • Sumitomo Mitsui Banking Corporation, a subsidiary of Sumitomo Mitsui Financial Group, Inc., in its acquisition of a 17.5 percent stake in The Bank of East Asia, Limited;
  • The Middleby Corporation in:
    • its acquisition of Sweden-based Sveba Dahlen Group, which develops and manufactures ovens and baking equipment for the commercial food service and industrial baking industries; and
    • the acquisition by its subsidiary, Middleby Holding UK Ltd., of Lincat Group plc;
  • HgCapital as lead investor in a complex consortium deal in which KKR will sell all of its stake in Visma Group Holdings, the leading Norway-based provider of business-critical software in the Nordic and Benelux regions. The deal values the company at US$5.3 billion;
  • Formation Capital’s investee company HC-One in its acquisition of Helen McArdle Care from HMC Group;
  • Coty Inc. in its £420 million acquisition of ghd (Good Hair Day) from Lion Capital LLP. Coty is one of the world’s largest beauty companies, with approximately US$9 billion in revenue;
  • Corporation Service Company, Inc. in its acquisitions of:
    • NetNames Group from HgCapital and certain management sellers; and
    • Koehler Group;
  • Shandong Hongda Mining Co., Ltd. in its US$300 million acquisition of Jagex Ltd., a developer of online games;
  • SunEdison, Inc. in its acquisition of five portfolios of renewable energy projects and two corporate platforms, LAP Holding, BV and two subsidiaries of Honiton Energy Holding, Ltd., a portfolio company of AIM Group Limited;
  • JD.com, Inc., an online retail company, in its US$171 million acquisition of a 10 percent stake in the Hong Kong-listed Kingdee International Software Group Co. Ltd.;
  • Ourgame International Holdings Ltd., a leading online card games and board games operator, in its US$35 million acquisition of Peerless Media Limited;
  • Digital Garage, Inc., an online media company, in the privatization of its HKSE-listed subsidiary econtext Asia Ltd., which valued econtext at HK$2 billion;
  • Hillhouse Capital Management in its US$100 million investment in a company carrying on an e-commerce business in the People’s Republic of China;
  • Chengwei Capital, a China-based private equity fund, in its co-investment with a U.S.-based investor in Hong Kong Stock Exchange-listed Hengdeli Holdings Limited;
  • CITIC Private Equity Advisors (Hong Kong) Limited in its US$312 million acquisition of a 21.7 percent stake in Biosensors International Group, Ltd., a developer of medical devices, from Wellford Capital Limited, an indirect, wholly owned subsidiary of Shandong Weigao Group Medical Polymer Company Limited;
  • Dragonite International Limited, a Hong Kong-listed company, in the disposal of assets related to its electronic cigarette business to the Imperial Tobacco group;
  • Citigroup, Inc. in the sale of Citibank Savings, Inc. to the Philippines-based BDO Unibank, Inc.;
  • The WhiteWave Foods Company in its joint venture in China with China Mengniu Dairy Co. Ltd.;
  • Stanley Black & Decker, Inc. in the US$850 million acquisition of Infastech, a Hong Kong-based maker of engineered mechanical fasteners, from CVC Capital Partners and Standard Chartered Private Equity;
  • Nomura Holdings, Inc. in the acquisition of both the Asia Pacific franchise and the European and Middle East equities and investment banking units of Lehman Brothers — selected as “Deal of the Year” by Asian-Counsel magazine and as “Restructuring Deal of the Year” by International Financial Law Review;
  • Oberthur Technologies in its £896 million unsolicited bid for De La Rue plc;
  • News Corporation:
    • in its proposed US$11.5 billion acquisition of the remaining stake it did not already own in British Sky Broadcasting Group plc; and
    • in partnership with Permira Funds in their US$3.7 billion going-private acquisition of NDS Group plc, a provider of digital technology and services to pay-television operators in the United Kingdom;
  • Easynet Group PLC, a provider of broadband internet services, in its US$374 million acquisition by British Sky Broadcasting Group PLC;
  • Fortress Investment Group LLC in the proposed US$650 million acquisition via a leveraged buyout of Telent plc;
  • SkyTerra Communications in the proposed business combination with U.K. telecommunications provider Inmarsat plc;
  • SwissRe in the proposed £2.35 billion acquisition of certain assets of Resolution plc as part of Standard Life plc’s £4.9 billion bid for Resolution plc;
  • Fortress Investment Group LLC in its US$320 million going-private acquisition of Alea Group Holdings (Bermuda) Ltd., a provider of insurance and reinsurance services;
  • funds advised by Castle Harlan, Inc. in the acquisition and subsequent disposal of the Polypipe Group;
  • CIT, Inc. in its acquisition of Barclays’ vendor financing businesses in the U.K. and Germany;
  • Danka Business Systems PLC in the US$210 million sale of its European businesses to Ricoh Europe B.V., a manufacturer of office equipment;
  • Cendant Corporation in its US$404 million acquisition of ebookers plc and in its US$1.2 billion auction sale of the National Car Parks Group; and
  • Skype Technologies S.A. in its US$3.1 billion acquisition by eBay Inc.

Mr. Adebiyi was selected for inclusion in Chambers Global: The World’s Leading Lawyers for Business and Chambers UK.

Credentials

Education

  • B.A., Jurisprudence, St. Anne’s College, Oxford University, 1989 (honours)
  • College of Law, Chancery Lane, 1990 (Solicitors Final Examination, First Class honours)

Admissions

  • Solicitor, England & Wales
  • Solicitor, Hong Kong SAR

John Adebiyi

Partner, Mergers and Acquisitions; Private Equity; Corporate
john.adebiyi@skadden.com