Mayer Brown advises R.J. O’Brien on merger with StoneX Group
- Paul M. Crimmins,
- Jennifer L. Keating,
- Andrew J. Noreuil,
- Thomas H. Horenkamp,
- Paul A. Chandler,
- Peter B. Wolf,
- Michael A. Serafini,
- Ana M. Tobar,
- Joshua M. Cohen,
- Marissa A. Cantu,
- Danielle Taylor,
- Allison Taylor,
- Scott P. Perlman,
- Arsen Kourinian,
- Kim A. Leffert,
- Debra B. Hoffman,
- Grant G. Uhler,
- James R. Barry,
- Xiao Xiao,
- Brian M. Kent,
- John P. Berkery,
- Richard M. Assmus
Mayer Brown is representing R.J. O’Brien, the oldest futures brokerage and clearing firm in the US, in its merger with StoneX Group Inc. The combined firm will be a leading futures commission merchant in the US, offering institutional grade execution, clearing, custody, and prime brokerage across all asset classes, with enhanced global financial market presence. The transaction values R.J. O’Brien at over $1 billion and results in proceeds to stockholders, payable in a combination of cash and shares of StoneX stock, of $900 million. The transaction is expected to conclude in the third quarter of this year, pending regulatory approval and customary closing conditions.
The multidisciplinary Mayer Brown team was led by Corporate & Securities partners Paul Crimmins and Jennifer Keating and included: Corporate & Securities partners Andrew Noreuil, Tom Horenkamp, Paul Chandler (all Chicago), and Pete Wolf (Northern California), counsel Michael Serafini (Chicago) and associates Ana Tobar (Houston), Josh Cohen, Marissa Cantu, and Danni Taylor (all Chicago); Litigation & Dispute Resolution partners Scott Perlman (Washington DC) and Arsen Kourinian (Los Angeles) and counsel Kim Leffert; Employment & Benefits partner Debra Hoffman and associate Grant Uhler; Tax senior counsel Jim Barry and associate Xiao Xiao; Finance partners Brian Kent (all Chicago) and John Berkery (New York); and IP partner Richard Assmus (Chicago). Michael Best & Friedrich, counsel to the majority stockholders, served as co-counsel on the transaction.
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