Deals of the week - April 2 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 - April 2 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

All-share Merger

$61.9 billion

Xstrata

Glencore International

King & Wood Mallesons

King & Wood Mallesons

Acquisition

$2 billion

Guggenheim Baseball Management

Los Angeles Dodgers

Foley & Lardner

Sullivan & Cromwell

Strategic Partnership

$2 billion

Mubadala Development

EBX Group

Shearman & Sterling

Davis Polk & Wardwell - Kathleen Ferrell, Michelle Messer, Arie Rubenstein

Acquisition

$681.7 million

PetroChina

Athabasca Oil Sands (MacKay River)

Stikeman Elliott

Acquisition

$500 million

Bausch & Lomb

ISTA Pharmaceuticals

Cleary Gottlieb Steen & Hamilton

Davis Polk & Wardwell / Greenhill & Co.

Acquisition

$380.2 million

ISPT

CFS Retail Property Trust

Holding Redlich

King & Wood Mallesons

Acquisition

$173 million

Monitise

Clairmail

Sullivan & Cromwell

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Senior Five-Year Revolving Credit Facility

$1.5 billion

Aetna

J.P. Morgan / Citigroup / Merrill Lynch

Davis Polk & Wardwell

Cravath, Swaine & Moore

Ordinary Shares Offering

$1.2 billion

Michael Kors Holdings

Morgan Stanley / J.P. Morgan / Goldman Sachs

Paul, Weiss, Rifkind, Wharton & Garrison / Harney Westwood & Riegels

Davis Polk & Wardwell - Mary Conway, Lauren Murphey

Refinancing Senior Secured Term Loans

$1.2 billion

Rovi

J.P. Morgan / Morgan Stanley

Cooley

Davis Polk & Wardwell - Rachel Kleinberg, Arie Rubenstein

Notes Offering

$750 million

Syngenta Finance

Citigroup / Merrill Lynch

Sidley Austin / Davis Polk & Wardwell - John Paton, Alon Gurfinkel

De Brauw Blackstone Westbroek / Homburger

Initial Public Offering

$575 million

Vantiv

J.P. Morgan / Morgan Stanley / Credit Suisse

Weil, Gotshal & Manges

Davis Polk & Wardwell - Harry Ballan, William Curran, Kerry Price

more across site & shared bottom lb ros

More from across our site

Shiny new offices like Ryan’s in London Bridge aren’t just a cost – they signal that a firm is willing to align with its clients’ interests
Darren Graves will succeed Richard Houston, who is set to lead Deloitte EMEA; in other news, Morgan Lewis hired a three-partner tax team in New York
India also signed its first-ever bilateral APAs with France, Ireland, Indonesia and Sweden last year, the CBDT revealed
Chile’s revamped GAAR marks a shift toward structural scrutiny, pushing MNEs to strengthen tax governance, economic substance and compliance strategies
New reforms represent the most seismic shift in Canadian TP legislation since its enactment and a clear inflection point for MNEs, ITR has heard
Spain did not transpose EU VAT rules for SMEs or works of art; in other news, an increased VAT threshold came into force in South Africa
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
Gift this article