News & Insights


August 26, 2022

King & Spalding Advises on Impact Deal of the Year at the ITR Asia-Pacific Tax Awards

HOUSTON, Aug. 26, 2022 — King & Spalding advised on the Impact Deal of the Year at the 2022 ITR Asia-Pacific Tax Awards. The firm represented Kraton Corporation in its $2.5 billion all-cash acquisition by DL Chemical Co., Ltd., a subsidiary of DL Holdings Co., Ltd. The transaction is expected to increase the innovation pipeline and sustainable offerings, while enhancing the combined company’s ability to serve end markets in over 70 countries worldwide.

King & Spalding advised Kraton on all aspects of the transaction, including M&A, securities/SEC, board-level advice/corporate governance, HSR/merger control, CFIUS/foreign direct investment, executive compensation, employee benefits, finance, tax, IP and data privacy.

The King & Spalding team on the deal was led by partners Jonathan Newton, Heath Trisdale, Rob Leclerc, Keith Townsend, senior associate Andrew Ketner and associate Austin Paalz.

About King & Spalding
Celebrating more than 130 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 1,200 lawyers in 23 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at