Deals of the week - January 16 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 - January 16 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition (50% stake)

$1.68 billion

Abraaj Capital Ltd

Acibadem Saglik Yatirimlari Holding AS

WongPartnership - Ng Wai King & Andrew Ang

Acquisition

$930 million

Raymond James Financial

Morgan Keegan & Company (Regions Financial)

Morrison & Foerster

Sullivan & Cromwell

Acquisition

$225 million

Fossil

Skagen Designs

Haynes and Boone

Fenwick & West - David Forst & Larissa Neumann

Acquisition

$133 million

Flamegold

St Patrick's Garden

WongPartnership - Tan Kay Kheng & Monica Yip

De Souza Lim & Goh - David De Souza

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes Offering

$2.25 billion

Export-Import Bank of Korea

BNP Paribas, Citigroup, Deutsche Bank, Merrill Lynch, RBS,

Davis Polk & Wardwell

Senior Notes Offering

$1.55 billion

AmeriGas

Credit Suisse, J.P. Morgan, Citigroup, Wells Fargo

Shearman & Sterling / Morgan, Lewis and Bockius

Davis Polk & Wardwell - Lucy Farr & Isaac MacDonald

Rights issue

$270 million

GMG Global

DBS Bank Ltd

WongPartnership - Tok Boon Sheng

more across site & shared bottom lb ros

More from across our site

As the firm embarks on a major shakeup of its EMEA partnerships, some staff will be watching nervously
The buyout of Hucke and Associates continues Ryan’s streak of firm acquisitions; in other news, a UK appeal against VAT on private school fees was dismissed
Tax teams are responding to usual client demand in the region, albeit with increased working from home flexibility, local sources indicate
A 120-plus-day delay to refunds would cost taxpayers almost $3bn in additional interest, the Cato Institute warned; plus indirect tax updates from February
The Office for Budget Responsibility’s pessimistic pillar two forecast accompanied the UK chancellor’s muted Spring Statement, dubbed ‘as dull as possible’ by one adviser
Digital tax reform is dissolving the old ‘temporal buffer’, forcing systems, institutions, and professionals to adapt as real-time reporting reshapes governance, capability, and compliance
Our first instalment features analysis of Deloitte’s landmark EMEA merger, Donald Trump’s Supreme Court tariff showdown and Venezuela’s tax evolution
While some believe it could have a positive effect on the wider advisory landscape, others argue that HMRC’s ‘red tape’ exercise won’t deter bad actors
The political optics of the US’s carve-out deal are poor, but as the Fair Tax Foundation’s Paul Monaghan writes, it preserves pillar two’s guiding ethos
The big four firm reportedly sent ‘threatening’ correspondence to Unity Advisory over its hiring of ex-PwC partners; plus tax recruitment news from the week
Gift this article