Ani Kusheva

Ani Kusheva

Partner, Mergers and Acquisitions
Ani Kusheva focuses on corporate matters, including cross-border mergers and acquisitions, public company takeovers, joint ventures and private equity transactions.


Ms. Kusheva's recent experience includes advising, among others:

  • International Paper Company in its:
    • US$812 million sale of its pulp and paper mill in Kwidzyn, Poland, to Mayr-Melnhof Karton AG;
    • acquisition of two packaging businesses in northwestern France and Portugal from DS Smith Plc;
    • unsolicited US$10.7 billion proposal to acquire Dublin-based Smurfit Kappa Group plc; and
    • creation of a 50/50 joint venture with Ilim Pulp via International Paper’s US$650 million acquisition of a 50% interest in Ilim Holding;
  • Silver Lake Partners, a global leader in technology investing, in connection with its:
    • €500 million (US$565 million) acquisition of Silae, a French cloud-based payroll software provider; and
    • buyout of Meilleurtaux, a leading financial services provider, from Goldman Sachs PIA;
  • The Middleby Corporation in its:
    • acquisition of Novy Group, a leading manufacturer of premium residential ventilation hoods and cooktops based in Belgium;
    • sale of Fired Earth Limited, a designer and manufacturer of home design products headquartered in London;
    • acquisition of a 33% stake in Levens Beheer BV, a manufacturer of industrial kitchen equipment incorporated in the Netherlands;
    • acquisition of Sveba Dahlen, a Swedish developer and manufacturer of baking equipment for the commercial foodservice and industrial baking industries; and
    • acquisition of Scanico A/S, a leading manufacturer of industrial cooling and freezing equipment for the food processing industry based in Denmark;
  • R.R. Donnelley & Sons Company in the sale of its European Global Document Solutions business to Paragon Group Limited;
  • Armstrong World Industries, Inc. in the US$330 million sale of its EMEA and Pacific Rim businesses to Knauf International Gmbh;
  • Globalworth Real Estate Investments Limited in its strategic investment in the Polish real estate platform Griffin Premium Re. N.V., effected by way of a public tender offer;
  • International, Ltd. in its US$1.7 billion acquisition of Skyscanner Holdings Limited;
  • Ball Corporation in its US$8.4 billion acquisition of Rexam PLC and simultaneous divestiture of US$3.4 billion assets to Ardagh Group;
  • HellermannTyton Group PLC (a portfolio company of United Kingdom-based Doughty Hanson & Co.) in its US$1.7 billion acquisition by Delphi Automotive PLC;
  • Lightning Investors Limited, an entity jointly owned by FMR LLC and FIL Limited, in its US$2.7 billion acquisition of the remaining stake in Colt Group did not already own;
  • CJSC Sibur Holding in the US$1 billion sale of its mineral fertilizer business to CJSC Holding Company Siberian Business Union;
  • Colony Capital, Inc. in its acquisition of The Abraaj Group’s Latin America private equity platform;
  • Unitech Corporate Parks plc in the US$349 million sale of the entire issued share capital of its subsidiary Candor Investments Ltd. to an affiliate of Brookfield Property Partners L.P.;
  • Capgemini S.A., a consulting company based in France, in its US$1.3 billion merger with Kanbay Inc.;
  • Gazit-Globe, Ltd. in its US$261 million acquisition of an additional 14% stake in Atrium European Real Estate Limited;
  • FMR LLC and FIL Limited in their US$164 million sale of KVH Co., Ltd. to Colt Group S.A.;
  • Lucid Markets Trading Limited in the US$176 million sale of a 51% stake to FXCM Inc.;
  • The NASDAQ OMX Group, Inc. in its sale of International Derivatives Clearing Group, LLC to LCH.Clearnet Group Ltd.;
  • Alpha Bank A.E., Greece’s second-largest bank, in connection with its proposed merger with EFG Eurobank A.E.;
  • Citigroup Inc. in:
    • its US$512 million sale of Citigroup Global Services Limited to Tata Consultancy Services Limited;
    • its US$127 million sale of Citi Technology Services Limited to Wipro Limited; and
    • CitiCapital’s sale of its vendor finance leasing business in the United Kingdom, France, Spain, Germany and Italy to CIT Group Inc.;
  • CME Group Inc. in its acquisition of Credit Market Analysis Limited;
  • Neochimiki LV Lavrentiadis S.A. in its €749 million sale of a 74% stake to The Carlyle Group;
  • Valeant Pharmaceuticals International in its US$392 million sale of certain subsidiaries in Western and Eastern Europe to Meda AB;
  • SCOR, the French reinsurance company, in relation to:
    • its US$775 million acquisition of Revios Rückversicherung AG;
    • the merger of its German and Italian subsidiaries to become a Societas Europaea (a European public company); and
    • its US$221 million acquisition of a 47% stake in Irish Reinsurance Partners Ltd. from Highfields Capital Management LP;
  • Fournier Pharma in its US$1.7 billion acquisition by Solvay Pharmaceuticals;
  • Citigroup Global Markets Limited as financial advisor to SAGEM SA in its US$7 billion merger with Snecma, which resulted in the privatization of Snecma; and
  • AOL Europe S.à.r.l., a subsidiary of AOL Inc., in its US$97 million acquisition of Goviral A/S.



  • D.E.S.S., University Francois Rabelais, Tours, 1999
  • Maîtrise, University Francois Rabelais, Tours, 1998


  • Solicitor, England & Wales


  • English
  • French
  • Bulgarian

Ani Kusheva

Partner, Mergers and Acquisitions