Deals of the month
International Tax Review is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

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

Deals of the month

See who has done the tax work on this month’s biggest deals.



Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Merger

$13 billion

Progressive Waste Solutions

Waste Connections

Stikeman Elliott: John Lorito; Weil, Gotshal & Manges

Locke Lord; Bennett Jones

Acquisition

$11.3 billion

Fortis

ITC Holdings Company

White & Case; Davies Ward Phillips & Vineberg

Simpson Thacher Bartlett

Acquisition

$6.4 billion

CPPIB

Asciaono

Stikeman Elliott

Acquisition

$6 billion

Ingram Micro

Tianjin Tianhai Invesment Company; HNA Group

Davis Polk & Wardwell: Rachel Kleinberg

Weil, Gotshal & Manges

Acquisition

$5.8 billion

Abbott Laboratories

Alere

Evercore; Kirkland & Ellis

Davis Polk & Wardwell; Cravath Swaine & Moore

Acquisition

$5.4 billion

Qingdao Haier

GE Appliances

Stikeman Elliott; White & Case

Sidley Austin

Merger

$3.4 billion

Huntington Bancshares Incorporated

FirstMerit Corporation

Wachtell, Lipton, Rosen & Katz; Joshua Holmes

Acquisition

$2.7 billion

Stryker Corporation

Madison Dearborn Partners; Sage Products

Davis Polk & Wardwell; Sullivan & Cromwell

Kirkland & Ellis; Madden, Jiganti, Moore & Sinars

Acquistion

$2.4 billion

The Empire District Electric Company

Algonquin Power & Utilities

Skadden, Arps Slate Meagher & Flom; Cahill Gordon & Reindel

Husch Blackwell

Acquistion

$2.3 billion

Lowe's Companies

Rona

Stikeman Elliott

Merger

$1.8 billion

Lockheed Martin Corporation; Information Systems & Global Solutions

Leidos Holdings

Davis Polk & Wardwell: Neil Barr, Kathleen Ferrell, Nicole Field and Aaron Weil

Skadden, Arps Slate Meagher & Flom

Acquisition

$1.5 billion

EQUATE Petrochemical Company

The Dow Company; ME Global

McCarthy Tetrault; Shearman & Sterling

Acquisition

$1.4 billion

Cisco Systems

Jasper Technologies from Temasek Holdings, Sequoia Capital, Integral Capital Partners, Crescendo Ventures Management, Bridgescale Partners, DAG Ventures and KPN Ventures

Fenwick & West: Andrew Kim, Ora Grinberg

Acquisition

$1.3 billion

Stryker Corporation

Physio-Control International

Skadden, Arps Slate Meagher & Flom: Kenneth Betts

Kirkland & Ellis

Acquisition of stake

$1.1 billion

Nippon Steel and Sumitomo Metal Corporation

Vallourec

Skadden, Arps Slate Meagher & Flom

Acquisition

$1 billion

Abertis Infraestruturas

Alberta Investment Management Corporation; Autopista Central de Chile

Stikeman Elliott

Acquisition of 13% ownership interest

$1 billion

Sumitomo Metal Mining

Freeport-McMoRan; Morenci unincorporated

Davis Polk & Wardwell

Acquisition

$895 million

TE Connectivity

Permira Funds; Creganna Medical

Davis Polk & Wardwell

Skadden, Arps Slate Meagher & Flom; Gavin White

Acquisition of 67% stake

$408 million

China Ming Yang Wind Power Group

China Ming Yang

Skadden, Arps Slate Meagher & Flom

Simpson, Thacher & Bartlett

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Offering of common stock

$2.5 billion

Molson Coors Brewing Company

Anheuser-Busch InBev

Davis Polk & Wardwell: Alexander Wu

Notes offering of 5.819% by 2017

$1.4 billion

ConAgre Foods

Davis Polk & Wardwell: Gregory Hannibal

Notes offering of 4.45% by 2026

$900 million

Crown Castle International Corporation

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets, JP Morgan Securities

Skadden, Arps Slate Meagher & Flom



more across site & bottom lb ros

More from across our site

Barbara Voskamp is bullish on hiring local talent to boost DLA Piper’s Singapore practice, and argues that ‘big four’ accountants suffer from a stifled creativity
Chris Jordan also said that nations have a duty to scrutinise the partnership structures of major firms, while, in other news, a number of tax teams expanded their benches
KPMG has exclusive access to the tool for three years in the UK, giving it an edge over ‘big four’ rivals
But the US tax agency’s advice is consistent with OECD guidance and shouldn’t surprise anyone, other experts tell ITR
A survey of more than 25,000 in-house counsel reveals that diversity initiatives are a high priority when choosing external counsel
The report is aimed at helping 'low-capacity countries', the OECD has claimed
The UK tax agency appears to be going after easier, lower value targets, one lawyer has claimed
Criminal experts have told ITR that the case of Ulf Johannemann emphasises the fine line between tax avoidance and tax evasion
The ATO workers were among nearly 57,000 people who were duped into claiming fake GST refunds, while Kuwait signed a double taxation treaty with the UAE
However, ICAP may not provide the legal certainty of an APA and tax authorities will have limited capacity, experts argue
Gift this article