Deals of the week - December 19 2011

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 - December 19 2011

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$4.2 billion

United Rentals, Inc.

RSC Holdings

Sullivan & Cromwell - Ronald Creamer

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

Acquisition

$1.1 billion

Apollo Management, L.P.

Taminco Group Holdings S.à.r.l.

Latham & Watkins

Davis Polk & Cahill Gordon & Reindel

Acquisition

$995 million

Fujifilm Holdings Corporation

SonoSite

Shearman & Sterling

Fenwick & West - Michael Solomon, Jay Cosel

Type of Deal

Value

Issuer/Borrower

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

SCOR

Aon Benfield Securities Inc & Natixis SA

Walkers Global (Ireland) & Dewey & LeBoeuf

Wickersham and Taft

more across site & shared bottom lb ros

More from across our site

However, women in tax face greater career obstacles than their male counterparts, an exclusive ITR survey of more than 100 women tax leaders revealed
Under Jeff Soar’s leadership, WTS UK aims to scale to 100 partners within five years and challenge the big four
As the firm embarks on a major shakeup of its EMEA partnerships, some staff will be watching nervously
The buyout of Hucke and Associates continues Ryan’s streak of firm acquisitions; in other news, a UK appeal against VAT on private school fees was dismissed
Tax teams are responding to usual client demand in the region, albeit with increased working from home flexibility, local sources indicate
A 120-plus-day delay to refunds would cost taxpayers almost $3bn in additional interest, the Cato Institute warned; plus indirect tax updates from February
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
Gift this article