A week after Skadden, Arps, Slate, Meagher & Flom topped M&A league tables for the first half of 2015 compiled by Bloomberg and Thomson Reuters, the firm maintained its top spot—in terms of deal value—on rankings released Thursday by Mergermarket.
Skadden’s torrid deal pace continued this week, as the firm took the lead for New York-based beauty behemoth Coty Inc. in merging the hair color, cosmetics and fine fragrance businesses of Cincinnati-based The Procter & Gamble Co. into Coty through a tax-avoiding Reverse Morris Trust transaction. The deal, announced Thursday and expected to close in the second half of 2016, values P&G’s beauty business at $12.5 billion.
