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Simpson Thacher Represents Owens-Illinois, Inc. in Acquisition of Brazilian Glassmaker Companhia Industrial de Vidros

09.08.10

Simpson Thacher represented Owens-Illinois, a leading global glass manufacturer, in connection with its recent acquisition of Brazilian glassmaker Companhia Industrial de Vidros (CIV), the leading glass container producer in northeastern Brazil. Under the terms of the agreement, Owens-Illinois is purchasing CIV for $603 million on a cash-free, debt-free basis.

The Simpson Thacher team included: S. Todd Crider, Thiago Spercel and Sasha Willimann (Corporate); Marcela Robledo (IP); Adeeb Fadil (Environmental); and Amie Broder and Jonathan Talansky (Tax).