Deals of the week - July 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 - July 2 2012

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Acquisition

$20.1 billion

Anheuser-Busch InBev

Grupo Modelo

Skadden, Arps, Slate, Meagher & Flom / Sullivan & Cromwell / Freshfields Bruckhaus Deringer

Cravath Swaine & Moore

Acquisition

$5.35 billion

Petronas

Progress Energy

Norton Rose

Burnet, Duckworth & Palmer

Acquisition

$3.8 billion

MediaTek

Mstar Semiconductor

Jones Day

Lee & Li

Acquisition

$1.9 billion

Rift

Veolia

Hogan Lovells

Simmons & Simmons

Acquisition

$1.2 billion

Microsoft

Yammer

Perkins Coie

Orrick Herrington & Sutcliffe

Acquisition

$500 million

Oriental Financial Group

Banco Bilbao Vizcaya Argentaria

Davis Polk & Wardwell - Kathleen Ferrell

Acquisition

$315 million

Affymetrix

eBioscience

Davis Polk & Wardwell - Rachel Kleinberg

DLA Piper

Acquisition

$237.6 million

Marubeni

ACR

Allen & Gledhill

WongPartnership

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

Notes Offering

$1.5 billion

Caterpillar

Citigroup / J.P. Morgan / Merrill Lynch

Sidley Austin

Davis Polk & Wardwell - Kathleen Ferrell

Refinancing

$1.08 billion

Loy Yang B Power Station (International Power / GDF Suez / Mitsui & Co)

King & Wood Mallesons

Freehills

Secondary Offering

$1 billion

IHS

Goldman Sachs

Davis Polk & Wardwell - Harry Ballan

Sullivan & Cromwell

Global Bond Offering

$1 billion

Province of Ontario

Deutsche Bank / Goldman Sachs / J.P. Morgan / TD Securities

Davis Polk & Wardwell

Medium-term Note Programme

$630.7 million

Mewah International

DBS Bank

WongPartnership

Allen & Gledhill

Notes Offering

$250 million

Brasil Foods

BB Securities / HSBC / Itau BBA / Santander

Simpson Thacher & Bartlett / Machado, Meyer, Sendacz e Opice

Davis Polk & Wardwell - Samuel Dimon, Yuliya Epifantseva

Term Loan Facility

$250 million

NCI Building Systems

Credit Suisse

Debevoise & Plimpton

Davis Polk & Wardwell - Michael Mollerus

Entitlement Offer

$225 million

Billabong

Goldman Sachs / Deutsche Bank

Allens / Sidley Austin

King & Wood Mallesons / Skadden, Arps, Slate, Meagher & Flom

more across site & shared bottom lb ros

More from across our site

There is a shocking discrepancy between professional services firms’ parental leave packages. Those that fail to get with the times risk losing out in the war for talent
Winston Taylor is expected to launch in May 2026 with more than 1,400 lawyers across the US, UK, Europe, Latin America and the Middle East
They are alleging that leaked tax information ‘unfairly tarnished’ their business operations; in other news, Davis Polk and Eversheds Sutherland made key tax hires
Overall revenues for the combined UK and Swiss firm inched up 2% to £3.6 billion despite a ‘challenging market’
In the first of a two-part series, experts from Khaitan & Co dissect a highly anticipated Indian Supreme Court ruling that marks a decisive shift in India’s international tax jurisprudence
The OECD profile signals Brazil is no longer a jurisdiction where TP can be treated as a mechanical compliance exercise, one expert suggests, though another highlights 'significant concerns'
Libya’s often-overlooked stamp duty can halt payments and freeze contracts, making this quiet tax a decisive hurdle for foreign investors to clear, writes Salaheddin El Busefi
Eugena Cerny shares hard-earned lessons from tax automation projects and explains how to navigate internal roadblocks and miscommunications
The Clifford Chance and Hyatt cases collectively confirm a fundamental principle of international tax law: permanent establishment is a concept based on physical and territorial presence
Australian government minister Andrew Leigh reflects on the fallout of the scandal three years on and looks ahead to regulatory changes
Gift this article