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

The UK-based big four spin-off firm has hired Marc Lien, who declared that most AI in professional services today is ‘cosmetic’
Projected revenue losses and exemption requests are harming the project’s capability and viability
HMRC secured lengthy prison sentences in a major payroll VAT fraud case, while law firms announced tax promotions and hires
Significant changes include an update to profit markers and an alteration to how an ‘inbound distributor’ is defined
ITR sat down for a pre-event interview with Tim Zech, WTS Germany, and Jeff Soar, WTS UK, keynote speaker at next week’s ITR AI in Tax Forum 2026 in London
Brazil’s bid to seek US-style exemptions from pillar two is ‘highly advantageous’ for multinationals, ITR has also heard
India is signalling flexibility on expat taxation to attract foreign expertise, though employers will need to navigate disclosure, treaty and scope uncertainties
Brazil is trying to follow in the US’s footsteps and secure its own 'qualified side-by-side status', ITR understands
The surge in probes comes as the UK tax authority seeks to close a VAT gap of £11.4bn from last year, Pinsent Masons’ research has suggested
ITR’s survey data reveals widespread client disappointment with firms’ use of technology but our upcoming AI in Tax event offers advisers a chance to flip the script
Gift this article