Photo of Matt Hearn

Matt Hearn

Partner, Paul Weiss

44-20-7601-8739mhearn@paulweiss.com

20 Air Street
London W1B 5AN
United Kingdom

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A partner in the Mergers & Acquisitions Group and co-head of UK Public M&A, Matthew Hearn advises clients on sophisticated domestic and cross-border corporate transactions, with a focus on public takeovers and complex private M&A across a broad range of industries.

Hearn’s public takeovers practice encompasses representing both bidders and target companies, including international and UK entities, in recommended, hostile and competitive situations. He also co-manages the firm’s UK Public M&A practice and is a member of the City of London Law Society’s Takeovers Working Group.

Hearn also has particular experience in the financial services sector, having advised banks, insurers and asset managers across a broad range of transactions and strategic advisory matters.

Hearn’s notable representations have included:

  • Qualcomm, Inc. on its c. $2.4 billion recommended offer for Alphawave IP Group plc
  • Oak Hill Advisors in its partnership with, and investment in, IDEAL Holdings, a listed Greece-based investment firm
  • Spirent Communications on its £1.16 billion competing takeover by Keysight Technologies and its £1 billion takeover by Viavi Solutions
  • PIMCO on its sale of Hellenic Bank to Eurobank and associated mandatory takeover offer
  • WSP Group on its:
    • £600 million proposed takeover of RPS Group
    • US$1.9 billion acquisition of John Wood Group’s E&I business
  • Metro Bank on its takeover defense against The Carlyle Group
  • Advent on its £4 billion recommended takeover for Cobham
  • Sibanye-Stillwater on its £285 million recommended takeover for Lonmin
  • The Jardine Matheson Group on various matters, including its sale of the Jardine Motors Group to Lithia
  • Schroders on its acquisition of a majority stake in leading impact investor BlueOrchard
  • Santander on the acquisition of a majority stake in UK fintech Ebury (and subsequent investments)
  • Rothesay Life on various matters, including:
    • the buy-out of Goldman Sachs by Blackstone, GIC and MassMutual
    • the creation of a £1.5 billion capital pool for future investment
    • the acquisition of UK annuities and supporting assets from Scottish Equitable
    • the issuance of £250 million subordinated notes qualifying under Solvency II