Deals of the week - August 12 2013

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

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

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

Deals of the week - August 12 2013

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$1.1 billion

Brookfield Property Partners

Industrial Developments International

Weil, Gotshal & Manges - Scott Sontag

Alston & Bird - Jennifer Weiss

Acquisition

$405 million

AOL

Adap.tv

Fenwick & West - Ronald Schrotenboer, Zach Jones

Acquisition

$347 million

Samsung Group

Novaled

Skadden Arps Slate Meagher & Flom

Sullivan & Cromwell

Acquisition

$181.5 million

TreeHouse Foods

Associated Brands

Winston & Strawn / Stikeman Elliott - Luc Bernier, Éric Lévesque

Torys

Acquisition

$126 million

York Capital Management

Primus Telecommunications Group (North American retail telecom operations)

Stikeman Elliott - John Lorito

Acquisition

$122.5 million

Estrella International Energy Services

San Antonio Internacional Colombia

Aird and Berlis / Estudio Garrido

Davis Polk & Wardwell / Davies Ward Phillips & Vineberg / Cárdenas & Cárdenas

Acquisition

Undisclosed

Crossroads C&I

GlassCell Isofab

Stikeman Elliot / Kirkland & Ellis

Merger

Undisclosed

Theraclone Sciences

PharmAthene

Fenwick & West - Michael Solomon, Amanda Athanasiou

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Loan Facility Refinancing

$1.49 billion

Hologic

Goldman Sachs

Brown Rudnick

Davis Polk & Wardwell

Block Trade

$1.1 billion

LyondellBasell Industries

Barclays Capital

Baker Botts

Davis Polk & Wardwell - Michael Farber

Notes Offering

$1 billion

Baidu

JP Morgan / Goldman Sachs

Skadden, Arps, Slate, Meagher & Flom / Han Kun Law Offices / Maples and Calder / Li & Partners

Davis Polk & Wardwell - Alon Gurfinkel

Initial Public Offering

$383 million

Sprouts Farmers Market

Goldman Sachs /Credit Suisse

Morgan, Lewis & Bockius

Davis Polk & Wardwell - Samuel Dimon

Notes Offering

$300 million

Bankrate

Wachtell, Lipton, Rosen & Katz - Joshua Holmes

Initial Public Offering

$140 million

Ardmore Shipping

Morgan Stanley

Seward & Kissel

Davis Polk & Wardwell - Michael Mollerus

more across site & shared bottom lb ros

More from across our site

Saffery cautioned that documentation requirements in new government proposals must be limited if medium-sized companies are not exempted from TP
The global minimum tax deal is not viable without US participation, Friedrich Merz has argued
Section 899 of the ‘one big beautiful’ bill would have spelled disaster for many international investors into the US, but following its shelving, attention turns to the fate of the OECD’s pillars
DLA Piper’s co-head of tax for the US and Latin America tells ITR about her fervent belief in equal access to the law, loving yoga, and paternal inspirations
Tax expert Craig Hillier agrees with the comparison of pillar two to using a sledgehammer to crack a nut
The amount is reported to be up 57% from the £5.6bn that the UK tax agency believes was underpaid in the previous year
The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
Wim Wuyts, who had been head of the specialist tax network since 2017, is moving on to a new role with WTS’s Belgian member firm
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities
Gift this article