Christopher M. Barbuto

Chris’s representations at Sidley have included the following, among other matters:

• Representing Magna International Inc. in its US$1.525 billion acquisition of the Veoneer Active Safety business from SSW Partners.
• GIC, OMERS Infrastructure, and Wren House, in their purchase of Direct ChassisLink, Inc. from funds managed by affiliates of Apollo Global Management and EQT.
• US Radiology Specialists, in its partnership with South Jersey Radiology Associates and Larchmont Imaging Associates.
• Welsh, Carson, Anderson & Stowe, in its partnership with Resurgens Orthopaedics.
• Arsenal Capital Partners, in the recapitalization of Headwall Photonics.
• Aprea Therapeutics, Inc., in its acquisition of Atrin Pharmaceuticals Inc.
• Rexel USA, in its acquisition of Mayer Electric, a distributor of electrical products and services.
• Jefferies Finance LLC (JFIN), in its corporate reorganization, in connection with the recently announced strategic alliance between Jefferies Financial Group, Inc., a 50% owner of JFIN, and Sumitomo Mitsui Banking Corporation to collaborate on corporate and investment banking business opportunities.
• GIC, in its agreement to acquire an indirect 19.9% equity interest in Duke Energy Indiana, a subsidiary of Duke Energy Corporation, for a total purchase price of US$2.05 billion.
• CareerBuilder, a portfolio company majority-owned by funds managed by affiliates of Apollo Global Management, Inc., and Ontario Teachers’ Pension Plan Board, in its sale of Textkernel, a CareerBuilder subsidiary company and global leading AI-powered HR technology provider, to Main Capital Partners.
• The Board of Directors of FirstCaribbean, in CIBC’s agreement to sell a significant portion of its majority stake in FirstCaribbean to GNB Financial Group Limited.
• Rexel USA, in its divestiture of its Gexpro Services business unit to LKCM Headwater Investments.
• General Electric Company, in its agreement to sell its interests in GE-Hitachi Global Laser Enrichment LLC to Silex Systems Limited and Cameco Corporation.
• General Electric Company, in its joint venture with BlackRock Real Assets, to design, build, own, and operate distributed solar and storage solutions.
• General Electric Company, in its global joint venture with Baker Hughes for aero-derivative gas turbine engines and related transactions for GE’s separation from Baker Hughes.
• Carlyle, in a partnership to acquire the laboratory services business of Weatherford International plc for US$205 million.
• OMERS, in its acquisition of a 50% interest in the BridgeTex crude oil pipeline for ~US$1.4 billion from, and its formation of a three-way joint venture for BridgeTex with, Plains All American Pipeline, L.P., and Magellan Midstream Partners, L.P., recognized as “Best Oil & Gas Acquisition” by the 2019 IJ Investor Awards.
• Seqens, a portfolio company of Eurazeo, in its acquisition of PCI Synthesis, a leading U.S. pharmaceutical contract development and manufacturing organization (CDMO).
• GSO Capital Partners LP and 3Bear Energy, LLC, its portfolio company, in a transaction involving the anchor shipper on a gathering and processing system in the Northern Delaware Basin.
• GIC Special Investments, in its investment in Virtu Financial, Inc. as equity financing for Virtu’s acquisition of KCG Holdings, Inc.
• GE, on various aspects of its €9.2 billion acquisition of Alstom’s Power and Grid businesses, GE’s Grid Solutions and Renewables joint ventures with Alstom, the divestiture by GE to Ansaldo Energia S.p.A. of Alstom’s PSM gas turbine servicing business, and the restructuring of related joint ventures. GE negotiated the PSM divestiture transaction with Ansaldo to address U.S. Department of Justice and European Commission objections to GE’s acquisition of Alstom’s businesses.
• OneMain Holdings, Inc., in its divestiture of 127 of its branches to Lendmark Financial Services, LLC, an affiliate of The Blackstone Group L.P., for a cash purchase price of US$624 million. The OneMain-Lendmark transaction was the result of an agreement among OneMain, the U.S. Department of Justice, and various state attorneys general in connection with the acquisition of OneMain Financial Holdings, Inc., from CitiFinancial Credit Company.
•  GE, in the sale to BWX Technologies, Inc. of GE-Hitachi Nuclear Energy Canada Inc., a leading supplier of fuel, fuel handling systems, delivery systems, and replacement components for CANDU® nuclear reactors.
• GE, in its terminated divestiture of GE Appliances to AB Electrolux (which preceded GE’s sale of GE Appliances to Haier for US$5.4 billion).
• General Electric Capital Corporation, in its sale of its Guaranteed Investment Contract (GIC) business to Massachusetts Mutual Life Insurance Company.

Chris participates in Sidley’s Emerging Enterprises Pro Bono Program, which aims to support smaller and medium-sized agriculture-related enterprises and development of non-governmental organizations in sub-Saharan Africa and developing countries in Asia. In connection with the program, Chris has represented Farmerline Limited, a Ghanaian-based technology and content provider with operations in Ghana, Nigeria, Cameroon, Malawi, and Sierra Leone, in its corporate restructuring and ongoing negotiations with investors and donors.

Chris has served as an adjunct associate professor of law at Fordham Law School. He is a member of the New York City Bar Association and its Mergers, Acquisitions and Corporate Control Committee.