KPS Delivers $2.6B Stalking Horse Bid to Garrett Motion in Chapter 11
Garrett Motion obtained approval of stalking horse bidding protections for affiliates of KPS Capital Partners, including a $63 million termination fee and expense reimbursement that is subject to a limit of $21 million.
October 27, 2020
AlixPartners | Garrett Motion Morgan Stanley & Co. | KPS Capital Partners | Olivier Rabiller | Perella Weinberg Partners | Quinn Emanuel Urquhart & Sullivan | Sullivan & Cromwell
Ellie Delany