News

Paul Hastings Represents Kaydon in the Closing of its $1.25 Billion Acquisition by SKF

New York, NY-- Paul Hastings LLP, a leading global law firm, announced today that it represented Kaydon Corporation (NYSE: KDN), a leading designer and manufacturer of custom engineered, and performance-critical products, in its closed acquisition by SKF, a manufacturer and supplier of ball and roller bearings, linear motion products, precision bearings, spindles and seals, for $35.50 per share in an all-cash transaction that valued Kaydon at approximately $1.25 billion, including debt.

Paul Hastings served as regular outside legal advisor to Kaydon Corporation.

Corporate partners 

and 

Luke Iovine

led the Paul Hastings team, which included Corporate partner 

Elizabeth Noe

and associates

Nicole LaMontagne

, 

Laura Hidalgo

and

Stewart Moran

.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.