Deals of the week - April 23 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 23 2012

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Acquisition

$4.4 billion

SXC Health Solutions

Catalyst Health Solutions

Sidley Austin

Milbank, Tweed, Hadley & McCloy / Stikeman Elliott - Dean Kraus, John O'Connor

Acquisition

$2.8 billion

Couche-Tard

Statoil

Davies Ward Phillips & Vineberg / Eversheds

Thommessen

Junior subordinated debenture and warrant repurchase

$2.4 billion

The Hartford

Allianz

Sullivan & Cromwell

Acquisition

$2.04 billion

TE Connectivity

Deutsch Group

Davis Polk & Wardwell

Linklaters

Acquisition

$1.15 billion

CPPIB

Grupo Costanera

Sullivan & Cromwell

Whie & Case

Acquisition

$1.13 billion

Audi

Ducati

Chiomenti

Acquisition

$850 million

Toshiba Tec

IBM (point-of-sale terminal business)

Morrison & Foerster / Stikeman Elliott

Cravath Swaine & Moore

Acquisition

$199.2 million

M2 Telecommunications

Primus Telcom

Lander & Rogers

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

Initial Public Offering

$477 million

MRC Global

Goldman Sachs / Barclays

Fried, Frank, Harris, Shriver & Jacobson

Davis Polk & Wardwell - Michael Farber, Isaac MacDonald

Revolving Credit Facility

$155 million

Ausdrill

Commonwealth Bank of Australia

King & Wood Mallesons

Freehills

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