Deals of the week - May 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 - May 14 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$7.2 billion

DBS Group

Danamon

WongPartnership

Allen & Gledhill

Acquisition

$750 million

Marathon Oil

Paloma Partners

Jefferies & Co / Baker & McKenzie

Baker Botts - Matthew Larsen

Acquisition

$320 million

VINCI Energies

EVT

Bolze

Merger

$318 million

Hilltop Holdings

PlainsCapital

Wachtell, Lipton, Rosen & Katz - Joshua Holmes

Sullivan & Cromwell - Ronald Creamer

Acquisition

$120 million

CaixaBank

BPI

Uría Menéndez

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes Offering

$2.5 billion

Diageo

Citigroup / Credit Suisse / Deutsche Bank / HSBC / Morgan Stanley / Nomura / RBS

Sullivan & Cromwell / Slaughter & May / Morton Fraser

Davis Polk & Wardwell - John Paton, Sarah Joy

Notes Offering

$2.5 billion

Devon Energy

Goldman Sachs / Morgan Stanley

Skadden, Arps, Slate, Meagher & Flom

Davis Polk & Wardwell - Lucy Farr, Juelle Gomes

Credit Facilities

$980 million

MSCI

Davis Polk & Wardwell - Michael Mollerus

Senior Notes Offering

$500 million

Bank of Ceylon

Citigroup / Hongkong and Shanghai Banking Corporation / Merrill Lynch

Allen & Overy / Nithya Partners

Davis Polk & Wardwell - John Paton, Alon Gurfinkel, Sarah Joy / Julius & Creasy

Subordinated Notes Offer

$500 million

NAB

NAB

King & Wood Mallesons - David Wood

Perpetual Capital Securities Issue

$239 million

Ascendas

DBS / Citigroup / Credit Suisse

WongPartnership

Allen & Gledhill

Initial Public Offering

$194 million

Bumitama Agri

DBS / HSBC

Stamford

WongPartnership

more across site & shared bottom lb ros

More from across our site

New research, which suggests LLMs can silently corrupt complex documents, should alert tax and legal teams relying on AI to handle iterative drafting and compliance workflows
Maintaining increased funding for HMRC is a ‘high possibility’ if he becomes PM, ITR has also heard
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2026 Europe Tax Awards
The firm has hired a team of private client lawyers from Withers to launch in New York and Connecticut, though ITR analysis suggests it faces stiff competition
The ability of tax authorities to receive and analyse data is becoming ‘quite advanced’, warns Stuart Lang, head of EY’s compliance co-sourcing solution
The Court of Appeal ruling clarifies that treaty benefits are not abusive where transactions are commercially driven, providing greater certainty on “main purpose” anti-avoidance tests
Despite the Netherlands featuring an unusual concentration of World Tax-ranked technology-led providers, sources believe there’s a long way to go to challenge the established players
Ethics seems to be playing a subservient role to an entitlement culture borne out of a pervasive ‘revenue at all costs’ mentality at the big four
Historical World Tax data suggests the ‘largest law firm merger in history’ may not pose a serious threat to the world's leading tax practices
The repeal of Libya’s statute of limitations and tougher enforcement leave taxpayers navigating a high-stakes choice between conciliation and litigation
Gift this article