Deals of the week - June 4 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 - June 4 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$3.08 billion

CGI Group

Logica

Sullivan & Cromwell - Michael McGowan

Freshfields

Acquisition

$900 million

Marfrig

Cargill

Lefosse

Acquisition

$600 million

Jackson National Life Insurance

Swiss Re (REALIC)

Skadden, Arps, Slate, Meagher & Flom

Sullivan & Cromwell

Acquisition

$220 million

AngloGold Ashanti

Kinross Gold (Crixas gold mine)

Stikeman Elliott

Spin-Off

Sears Canada

Sears Holdings Corporation

Torys

Osler, Hoskin & Harcourt / Simpson Thacher & Bartlett

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Senior Notes Offering

$1.25 billion

Covidien

BNP Paribas / Citigroup / Deutsche Bank

Gibson, Dunn & Crutcher

Davis Polk & Wardwell - Michael Mollerus

Initial Public Offering

$1.02 billion

PIMCO Dynamic Income Fund

Morgan Stanley / Citigroup / Merrill Lynch / UBS / Wells Fargo

Ropes & Gray

Davis Polk & Wardwell - Rachel Kleinberg

Notes Offering

$500 million

Energizer

Goldman Sachs / J.P. Morgan / Merrill Lynch

Bryan Cave

Davis Polk & Wardwell - Samuel Dimon

Senior Secured Notes Offering

$250 million

Momentive Performance Materials

J.P. Morgan

Paul, Weiss, Rifkind, Wharton & Garrison

Davis Polk & Wardwell

Share Offer

$200 million

Ten Network

Citigroup

Freehills / Sidley Austin

King & Wood Mallesons

more across site & shared bottom lb ros

More from across our site

While the IBS incorporates taxable events previously covered by state and municipal taxes, its governance and operational logic represent a significant departure from the legacy model
The new office on the fourth floor of 4 More London will span 14,230 square feet, with the potential to expand to the first and second floors
MNEs now face a shift from modelling to execution as the side‑by‑side deal forces tax teams to upgrade systems, harmonise data, and prevent costly pillar two mismatches
As recent surveys suggest a disconnect between AI adoption and employee engagement, the big four risk digging themselves into a strategic hole
Almost three-quarters of surveyed tax professionals are concerned about inaccurate AI outputs; in other news, Dentons hired a partner from CMS to lead its Belgian tax team
Long-running, high-value and complex enquiries are a significant reason for HM Revenue and Customs’s increased TP yield, experts suggest
Landmark legal updates in India have led companies to prioritise specialised tax advisers over accountants, ITR has found
Brazil’s shift to a nationwide consumption tax is more than conceptual; it fundamentally transforms municipal revenue, enforcement, and administrative disputes
While some advisers praised the ruling’s definition of a ‘voucher’ for VAT purposes, a UK partner said the case left unanswered questions
While pillar two has been enacted on paper in Brazil, companies are encountering a range of practical compliance issues, ITR has heard
Gift this article