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Kara L. Mungovan


Advises clients on the tax aspects of complex mergers and acquisitions, capital markets transactions and bank financings, both in the United States and globally.

Kara advises clients on the tax aspects of complex mergers and acquisitions, capital markets transactions and bank financings, both in the United States and internationally. Her work spans industries including consumer products and retail, energy, financial services, healthcare, and tech, media and telecom.

Kara’s work is recognized by Chambers USA and Legal 500. Sources quoted by Chambers say she is “really hard-working and very smart” and “an excellent lawyer.” She was recognized as one of “Five Fresh Faces to Know in Tax” by Bloomberg Law in 2021.

She is a member of the Executive Committee of the New York State Bar Association Tax Section and a member of the New York Tax Forum.

Experience highlights

Notable representations before joining Davis Polk:

    • Deutsche Telekom (DT) in its Master Framework Agreement with SoftBank and T‑Mobile realigning the ownership and governance of T‑Mobile, pursuant to which DT consented to SoftBank’s sale of approximately 198 million T‑Mobile shares in the capital markets for approximately $20 billion and DT received call options on approximately 101 million additional T‑Mobile shares held by SoftBank, and the $7.3 billion two‑part transaction in which DT will increase its ownership stake in T‑Mobile US
    • Swvl in its $1.5 billion SPAC combination with Queen’s Gambit
    • Deutsche Börse in its $2.275 billion acquisition of ISS and in its $850 million acquisition of Axioma, which was combined with Deutsche Börse’s index businesses valued at €2.6 billion, and related partnership with General Atlantic
    • Centrica in its $3.625 billion sale of its North American energy supply, services and trading business (Direct Energy) to NRG Energy
    • Bharti in the acquisition of, and $1 billion investment in, OneWeb by a consortium led by Bharti and Her Majesty’s Government
    • Mylan in its $9.9 billion acquisition of Meda; its $750 million acquisition of female healthcare businesses from Famy Care; and its $5.6 billion inversion acquisition of Abbott’s non‑U.S. developed markets specialty and branded generics business
    • GKN in the £8.1 billion unsolicited offer from Melrose and the proposed $6.1 billion combination of its Driveline business and Dana
    • Altra in its $3 billion combination with four operating companies from Fortive’s Automation and Specialty platform
    • AXA in its $15.3 billion acquisition of XL Group
    • Linde in its $70 billion merger of equals with Praxair
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    Chambers USA – Tax, New York

    Legal 500 U.S. – International Tax, Next Generation Partner

    Bloomberg Law – “Five Fresh Faces to Know in Tax,” 2021

    Law360 – “Rising Star: Tax,” 2018

    Euromoney LMG Americas Women in Business Law Awards – “Rising Star: Tax,” 2018


    J.D., Harvard Law School
    A.B., Harvard University
    • magna cum laude

    Professional history

    • Davis Polk since 2021
    • Partner, Cravath, Swaine & Moore, 2017-2021
    • Associate, Cravath, Swaine & Moore, 2008-2016

    Qualifications and admissions

    • State of New York
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