Deals of the week - April 9 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 9 2012

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Merger

$1.4 billion

Justice Holdings / Pershing Square Capital

Burger King Worldwide

Sullivan & Cromwell - Davis Wang / Greenberg Traurig

Kirkland & Ellis

Patent Deal

$1.1 billion

Microsoft

AOL

Covington & Burling

Wachtell, Lipton, Rosen & Katz / Finnegan, Henderson, Farabow, Garrett & Dunner

Acquisition

$1 billion

Facebook

Instagram

Fenwick & West - Adam Halpern, Natalie Pardo de Zela

Orrick

Acquisition

$950 million

Cerberus Capital

AT&T (Yellow Pages)

Schulte Roth - Alan Waldenberg

Sullivan & Cromwell - Andrew Mason

Acquisition

$221.4 million

Witwatersrand Consolidated Gold Resources / Pan African Resources

Evander Gold Mines (Harmony Gold Mining)

Stikeman Elliott / Eversheds

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

Notes Offering

$3 billion

Apache

Citigroup / Goldman Sachs / J.P. Morgan

Bracewell & Giuliani

Davis Polk & Wardwell - Michael Farber, Juelle Gomes

Notes Offering

$2.15 billion

Hartford Financial

Citigroup / Goldman Sachs

Davis Polk & Wardwell - Harry Ballan, Yuliya Epifantseva

Cleary Gottlieb Steen & Hamilton

Senior Notes Offering

$1.5 billion

Lloyds TSB

Citigroup / Merrill Lynch / Morgan Stanley / Wells Fargo

Linklaters / Dundas & Wilson / Davis Polk & Wardwell

Allen & Overy

Refinancing

$1.25 billion

Cargill

ANZ / Tokyo-Mitsubishi UFJ / BNP Paribas / Deutsche Bank / HSBC / RBS / Standard Chartered

WongPartnership

Linklaters

High-yield Notes Offering

$1.1 billion

OGX

Davis Polk & Wardwell - Po Sit, Ankur Dalal

White & Case / Machado Meyer Sendacz Opice

Initial Public Offering

$490 million

Rexnord

Merrill Lynch / Goldman Sachs / Credit Suisse / Deutsche Bank / Barclays

O’Melveny & Myers

Davis Polk & Wardwell - Samuel Dimon, Arie Rubenstein

Initial Public Offering

$100.1 million

Merrimack Pharmaceuticals

JP Morgan

Wilmer Cutler Pickering Hale and Dorr

Davis Polk & Wardwell - Neil Barr, Changsheng Song

more across site & shared bottom lb ros

More from across our site

As global capability centres use AI to deliver services, MNEs face a fresh wave of PE and TP exposure that their existing playbooks weren't built for
The deal for Comtax hands Ryan immediate scale in Brazil, with a near-70-strong team serving clients from São Paulo
The arrivals of Julio Castro and Adam Blakemore mean the firm has added six tax partners to its global practice since the start of 2025
Tax authorities have gained unprecedented transparency through CbCR, but a new study suggests they may not be looking in the right places
The future chief tax officer will be judged not only on compliance, but on their ability to harness data, technology and AI to support strategic decision-making
More than 200 tier promotions reshaped this year's European rankings as several international firms strengthened their positions in key tax markets
Ryosuke Takemura, OECD policy adviser, countered that the organisation’s role is ‘not to solve these issues one by one’ but to prevent tax disputes in general
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2026 Asia-Pacific Tax Awards
Monica Erasmus-Koen and her Taxtimbre team will be responsible for building the firm’s TP capability in the competitive Netherlands market
Haynes Boone’s new London partner, Alexandra Ueno-Park, argues that one-size-fits-all policies, billable-hour targets and outdated networking expectations can hold talent back
Gift this article