Sidley is representing Synchrony Financial (NYSE: SYF) in its acquisition of Ally Financial Inc.’s (NYSE: ALLY) point-of-sale financing business, including US$2.2 billion of loan receivables. The acquisition enhances Synchrony’s footprint in home improvement and health and wellness financing.
The Sidley team is being led by Ian Helmuth (M&A and Private Equity) and Sean M. Carney (Financial Institutions), and includes Emily A. Hunter, Whitney Price, Athena Aherrera, Cameron K. Woolley, Lisa Holzman, and Sean M. Nuernberger (M&A and Private Equity); Michael D. Lewis, Sean A. Smith, and Matthew S. Katz (Banking and Financial Services); Jamie M. Sadler (Antitrust and Competition); Gregory A. Marrs, Karim S. Pirani, and Akshay Soman (Employee Benefits and Executive Compensation); Teresa L. Reuter and Katie Sreenan (Labor and Employment); Stephen W. McInerney (Privacy and Cybersecurity); Anna Remis, E. Kyle Barnett, and Natalie T. Crawford (Technology and Life Sciences Transactions); and Suresh T. Advani (Tax).