Deals of the month

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 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 & shared bottom lb ros

More from across our site

The Office for Budget Responsibility’s pessimistic pillar two forecast accompanied the UK chancellor’s muted Spring Statement, dubbed ‘as dull as possible’ by one adviser
Digital tax reform is dissolving the old ‘temporal buffer’, forcing systems, institutions, and professionals to adapt as real-time reporting reshapes governance, capability, and compliance
Our first instalment features analysis of Deloitte’s landmark EMEA merger, Donald Trump’s Supreme Court tariff showdown and Venezuela’s tax evolution
While some believe it could have a positive effect on the wider advisory landscape, others argue that HMRC’s ‘red tape’ exercise won’t deter bad actors
The political optics of the US’s carve-out deal are poor, but as the Fair Tax Foundation’s Paul Monaghan writes, it preserves pillar two’s guiding ethos
The big four firm reportedly sent ‘threatening’ correspondence to Unity Advisory over its hiring of ex-PwC partners; plus tax recruitment news from the week
Tom Goldstein, who was represented by US law firm Munger, Tolles & Olson, denied wilfully cheating on his taxes and blamed errors on his staff
Multinationals face rising TP scrutiny as global rules diverge. As Daniel Moalusi argues, strong, consistent documentation is now essential to minimise audit risk and protect tax positions
The profession is fundamentally restructuring itself around what tax and accounting work should be, a Thomson Reuters leader told ITR
The big four firm is consolidating 16 entities across the region to create a single 6,000-partner behemoth
Gift this article