Taxation With Representation: Cleary, Simpson Thacher

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By Jaqueline McCool (April 15, 2022, 12:18 PM EDT) — In this week’s Taxation With Representation, U.K. drugmaker GlaxoSmithKline will acquire Sierra Oncology, KKR will buy cloud security and data protection company Barracuda Networks from private equity firm Thoma Bravo and private equity-backed Kaseya will buy cloud-based software company Datto.

GlaxoSmithKline $1.9B Acquisition

U.K. drugmaker GlaxoSmithKline, guided by Cleary, will boost its ability to develop treatments for rare forms of cancer through the roughly $1.9 billion acquisition of Wilson Sonsini-advised Sierra Oncology, the companies said Wednesday.

The Cleary Gottlieb Steen & Hamilton LLP team advising GSK includes tax partner Meyer Fedida and associate JinSol Lee.

Under the terms of the transaction, GSK will pay $55…

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