3M in $943 Million Cogent Acquisition

Cleary Gottlieb represented 3M in connection with its recently completed cash acquisition of Cogent valued at $943 million, through a tender offer followed by a second step merger.

3M is a global diversified technology company. Well-known 3M brands include Scotchgard fabric protectors, Post-it Notes, Scotch-Brite scouring products, and Scotch tapes. Cogent is a global biometric identification solutions provider to governments, law enforcement agencies, and commercial enterprises.