WilmerHale Represents MKS Instruments in Acquiring Newport Corporation and Securing $980 Million Acquisition Financing

WilmerHale Represents MKS Instruments in Acquiring Newport Corporation and Securing $980 Million Acquisition Financing

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WilmerHale represented its long-time client MKS Instruments, Inc. (MKS), a global technology provider (NASDAQ: MKSI), in closing its acquisition of Newport Corporation, a worldwide leader in photonics solutions (NASDAQ: NEWP), for $23 per share, or approximately $905 million. MKS funded the transaction with a combination of cash on hand and proceeds from a seven-year $780 million secured term loan.

Mark Borden, Hal Leibowitz, Joe Conahan, J.C. Minko, Mark Nylen and Andrea Sorrentino represented MKS on the merger and corporate matters, and John Sigel, Justin Ochs, Jamie Class and Eric French represented MKS on the acquisition financing. The WilmerHale deal team also included Paul Jakubowski (real estate), Mike Bevilacqua (intellectual property), Julie Hogan Rodgers (tax), Mark Kalpin (environmental), Scott Kilgore and Laura Schneider (benefits, labor and employment) and Hartmut Schneider (antitrust).

Read MKS' press release announcing the transaction.