All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

Deals of the week - November 4 2013

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$3.5 billion

Murray Energy

Consolidation Coal

Kirkland & Ellis

Wachtell, Lipton, Rosen & Katz - Deborah Paul / Greenberg Traurig / Steptoe & Johnson / Buchanan Ingersoll & Rooney

Acquisition

$1.62 billion

Crown Holdings

Mivisa Envases

Dechert

Simpson Thacher & Bartlett

Acquisition

$1.5 billion

Yue Xiu Enterprises

Chong Hing Bank

Slaughter & May

Acquisition

$1.4 billion

Mosaic Company

CF Industries (phosphate business)

Dorsey & Whitney / Mayer Brown / Arnold & Porter

Skadden, Arps, Meagher & Flom

Acquisition

$1.1 billion

Plum Creek Timber

MeadWestvaco

In-house / Skadden, Arps, Slate, Meagher & Flom

Wachtell, Lipton, Rosen & Katz - Jodi Schwartz, Joshua Holmes / Nelson Mullins Riley & Scarborough

Acquisition

$145 million

Internap Network Services

iWeb

Stikeman Elliott - Katy Pitch

Acquisition

Undisclosed

PwC

Booz & Co

Davis Polk & Wardwell - Rachel Kleinberg / Linklaters

Cleary Gottlieb Steen & Hamilton

Acquisition

Undisclosed

RealPage

ActiveBuilding

Fenwick & West

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes Offering

$1.5 billion

Bristol-Myers Squibb

Deutsche Bank / JP Morgan / Barclays / Credit Suisse / BNP Paribas / RBS

Kirkland & Ellis

Davis Polk & Wardwell - Michael Mollerus

Secondary Offering

$1.12 billion

ING

Morgan Stanley / Goldman Sachs / Citigroup / Merrill Lynch

Sullivan & Cromwell

Davis Polk & Wardwell - Rachel Kleinberg

Floating-Rate Notes Offering

$250 million

General Mills

JP Morgan

Dorsey & Whitney

Davis Polk & Wardwell - Lucy Farr

more across site & bottom lb ros

More from across our site

The UN may be set to assume a global role in tax policy that would rival the OECD, while automakers lobby the US to change its tax rules on Chinese materials.
Companies including Valentino and EveryMatrix say the early adoption of EU public CbCR rules could boost transparency of local and foreign MNEs, despite the short notice.
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2023 ITR Tax Awards in Asia-Pacific, Europe Middle East & Africa, and the Americas.
Tax authorities and customs are failing multinationals by creating uncertainty with contradictory assessment and guidance, say in-house tax directors.
The CJEU said the General Court erred in law when it ruled that both companies benefitted from Italian state aid.
An OECD report reveals multinationals have continued to shift profits to low-tax jurisdictions, reinforcing the case for strong multilateral action in response.
The UK government announced plans to increase taxes on oil and gas profits, while the Irish government considers its next move on tax reform.
War and COVID have highlighted companies’ unpreparedness to deal with sudden geo-political changes, say TP specialists.
A source who has seen the draft law said it brings clarity on intangibles and other areas of TP including tax planning.
Tax consultants say companies must not ignore financial transactions in their TP policies as authorities, particularly in the UK, become more demanding.