Deals of the week - April 23 2012

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Deals of the week - April 23 2012

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Acquisition

$4.4 billion

SXC Health Solutions

Catalyst Health Solutions

Sidley Austin

Milbank, Tweed, Hadley & McCloy / Stikeman Elliott - Dean Kraus, John O'Connor

Acquisition

$2.8 billion

Couche-Tard

Statoil

Davies Ward Phillips & Vineberg / Eversheds

Thommessen

Junior subordinated debenture and warrant repurchase

$2.4 billion

The Hartford

Allianz

Sullivan & Cromwell

Acquisition

$2.04 billion

TE Connectivity

Deutsch Group

Davis Polk & Wardwell

Linklaters

Acquisition

$1.15 billion

CPPIB

Grupo Costanera

Sullivan & Cromwell

Whie & Case

Acquisition

$1.13 billion

Audi

Ducati

Chiomenti

Acquisition

$850 million

Toshiba Tec

IBM (point-of-sale terminal business)

Morrison & Foerster / Stikeman Elliott

Cravath Swaine & Moore

Acquisition

$199.2 million

M2 Telecommunications

Primus Telcom

Lander & Rogers

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

Initial Public Offering

$477 million

MRC Global

Goldman Sachs / Barclays

Fried, Frank, Harris, Shriver & Jacobson

Davis Polk & Wardwell - Michael Farber, Isaac MacDonald

Revolving Credit Facility

$155 million

Ausdrill

Commonwealth Bank of Australia

King & Wood Mallesons

Freehills

more across site & shared bottom lb ros

More from across our site

While pillar two has been enacted on paper in Brazil, companies are encountering a range of practical compliance issues, ITR has heard
Moore, founding partner of the Chicago tax boutique which bears her name, shares her career wisdom for ITR’s new Women in Tax interview series
But partners at the firm admit that jumping ship to the US would not be as easy as some believe
Governments are rewriting tax policy for the AI era, deploying digital taxes, tailored incentives and algorithmic enforcement that redefine where value is created
Wingrove will succeed Bill Thomas, who has served in the role since 2017; in other news, Andersen unveiled a sharp increase in revenues for 2025
Partners are divided on Italy vs PDM D’s analytical depth, evidentiary standards, and what the judgment signals for future intra-group financing cases
As GCCs increasingly become strategic hubs, multinationals face heightened risks around permanent establishment and place of effective management
While all options presented ‘drawbacks’, European Commission tax leader Wopke Hoekstra said the controversial US carve-out deal has ‘many benefits’
From tech preparations to competitiveness concerns, Tax Systems’ Russell Gammon addresses the most pressing client considerations arising from the SbS deal
Despite estimates that the US/OECD agreement will cost countries billions, the Fair Tax Foundation’s Paul Monaghan believes the deal is a ‘necessary evil’
Gift this article