All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

Deals of the week - December 19 2011

Type of Deal




Adviser to acquirer (tax)

Adviser to target (tax)


$4.2 billion

United Rentals, Inc.

RSC Holdings

Sullivan & Cromwell - Ronald Creamer

Paul, Weiss, Rifkind, Wharton & Garrison & Debevoise & Plimpton


$1.1 billion

Apollo Management, L.P.

Taminco Group Holdings S.à.r.l.

Latham & Watkins

Davis Polk & Cahill Gordon & Reindel


$995 million

Fujifilm Holdings Corporation


Shearman & Sterling

Fenwick & West - Michael Solomon, Jay Cosel

Type of Deal



Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Initial Public Offering

$1.9 billion

New China Life Insurance Company Ltd.

China International Capital Corp. Hong Kong Securities Ltd, Goldman Sachs

Davis Polk - John Paton & Adam Perry

Revolving Credit Facility

$1.25 billion

V.F. Corporation

JPMorgan Chase Bank, N.A.

Davis Polk - Mary Conway & Michael Bretholz

Cravath, Swaine & Moore

Secondary Offering

$650 million

Banco Santander Chile

Santander Investment Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated

Davis Polk - Michael Mollerus, Leslie Altus & Changsheng (Eric) Song

Notes Offering

$350 million

IDEX Corporation

J.P. Morgan Securities, Merrill Lynch, Pierce, Fenner & Smith Inc & Wells Fargo Securities

Latham & Watkins

Davis Polk - Neil Barr, Arie Rubenstein & Juelle Gomes

Catastrophe Bond Placement

$337 million


Aon Benfield Securities Inc & Natixis SA

Walkers Global (Ireland) & Dewey & LeBoeuf

Wickersham and Taft

more across site & bottom lb ros

More from across our site

The companies have criticised proposals for the gig economy, while the UK and EU VAT gaps have fallen in percentage terms, and ITR speaks to a European Commission adviser about its VAT reforms.
Corporations risk creating administrative obstacles if the pillar two rule is implemented too soon, sources say.
Important dates for the Women in Business Law Awards 2023
The Italian government published plans to levy capital gains tax on cryptocurrency transactions, while Brazil and the UK signed a new tax treaty.
Multinational companies fear the scrutiny of aggressive tax audits may be overstepping the mark on transfer pricing methodology.
Standardisation and outsourcing are two possible solutions amid increasing regulations and scrutiny on transfer pricing, say sources.
Inaugural awards announces winners
The UN’s decision to seek a leadership role in global tax policy could be a crucial turning point but won’t be the end of the OECD, say tax experts.
The UN may be set to assume a global role in tax policy that would rival the OECD, while automakers lobby the US to change its tax rules on Chinese materials.
Companies including Valentino and EveryMatrix say the early adoption of EU public CbCR rules could boost transparency of local and foreign MNEs, despite the short notice.