Deals of the week - August 14 2012

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 - August 14 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

Undisclosed

Carlyle Group and TCW Management

Societe Generale stake in TCW

Simpson Thacher & Bartlett; Debevoise & Plimpton

Skadden, Arps, Slate, Meagher & Flom

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes offering

$2.5 billion

PepsiCo

Citigroup Global Markets; Morgan Stanley; RBS Securities

Davis Polk & Wardwell - Avishai Shachar, William Curran

Jones Day

Notes offering

$500 million

Korea Finance

Deutsche Bank; Korea Development Bank; Merrill Lynch; Morgan Stanley

Cleary Gottlieb Steen & Hamilton; Kim & Chang

Davis Polk & Wardwell - John Paton, Sarah Joy

SEC-registered dribble-out offering

$500 million

Westar Energy

BNY Mellon Capital Markets

Davis Polk & Wardwell

Hunton & Williams

Secondary offering

$308 million

Vantiv

JP Morgan Securities; Morgan Stanley; Credit Suisse Securities

Weil, Gotshal & Manges; Kirkland & Ellis

Davis Polk & Wardwell - Harry Ballan, William Curran

Notes offering

$300 million

Ingram Micro

Morgan Stanley; RBS Securities

Davis Polk & Wardwell - Rachel Kleinberg, Changsheng Song

Notes offering

$200 million

Isis Pharmaceuticals

Goldman, Sachs; JP Morgan Securities

Cooley

Davis Polk & Wardwell - Rachel Kleinberg, Isaac MacDonald

more across site & shared bottom lb ros

More from across our site

The Clifford Chance and Hyatt cases collectively confirm a fundamental principle of international tax law: permanent establishment is a concept based on physical and territorial presence
Australian government minister Andrew Leigh reflects on the fallout of the scandal three years on and looks ahead to regulatory changes
The US president’s threats expose how one superpower can subjugate other countries using tariffs as an economic weapon
The US president has softened his stance on tariffs over Greenland; in other news, a partner from Osborne Clarke has won a High Court appeal against the Solicitors Regulation Authority
Emmanuel Manda tells ITR about early morning boxing, working on Zambia’s only refinery, and what makes tax cool
Hany Elnaggar examines how AI is reshaping tax administration across the Gulf Cooperation Council, transforming the taxpayer experience from periodic reporting to continuous compliance
The APA resolution signals opportunities for multinationals and will pacify investor concerns, local experts told ITR
Businesses that adopt a proactive strategy and work closely with their advisers will be in the greatest position to transform HMRC’s relief scheme into real support for growth
The ATO and other authorities have been clamping down on companies that have failed to pay their tax
The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Gift this article