Deal of the week - May 13 2013
International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX
Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Deal of the week - May 13 2013

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Acquisition

$1.5 billion

Sumitomo Mitsui Financial Group

PT Bank Tabungan Pensiunan Nasional

Linklaters

Cleary Gottlieb Steen & Hamilton

Acquisition

$600 million

OMERS Private Equity

Civica

Weil, Gotshal & Manges - Joanne Etherton

Acquisition

$370 million

Baidu

PPS

Davis Polk & Wardwell - Kathleen Ferrell

Cadwalader, Wickersham & Taft

Acquisition

$240.1 million

Sprott Inc.

Sprott Resource Lending Corp.

Heenan Blaikie

Stikeman Elliott - Dean Kraus, Jill Winton

Acquisition

$214 million

Perpetual

The Trust Company

Herbert Smith Freehills

King & Wood Mallesons - Darren McClafferty

Acquisition

Undisclosed

Charter Hall / PSP Investments

FKP Property Group (Gasometer 2 Brisbane)

King & Wood Mallesons

Thomson Lawyers

Acquisition

Undisclosed

Hain Celestial

Ella's Kitchen Group

DLA Piper

Davenport Lyons - Gerald Montagu

Acquisition

Undisclosed

Sana Kliniken

Klinikum Offenbach

Luther Rechtsanwaltsgesellschaft - Jens Röhrbein

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

SEC Registered Guaranteed Notes Offering

$4 billion

CNOOC

Bank of China (Hong Kong) / Bank of China / BOCI Asia / China International Capital Corporation / Citigroup / Credit Suisse / Goldman Sachs / J.P. Morgan / Merrill Lynch / CCB / ICBC / Scotia Capital / Société Générale

Davis Polk & Wardwell - Lucy Farr / Walkers

Linklaters / Commerce & Finance Law Offices

Secondary Public Offering

$1.82 billion

RTL Group

Hengeler Mueller / Davis Polk & Wardwell

Secondary Offering

$1.3 billion

Cobalt International Energy

Citigroup

Davis Polk & Wardwell - Michael Mollerus

Shearman & Sterling

Initial Public Offering

$1.27 billion

ING

Morgan Stanley / Goldman Sachs / Citigroup

Sullivan & Cromwell

Davis Polk & Wardwell - Rachel Kleinberg

Notes Offering

$1 billion

Texas Instruments

J.P. Morgan / Morgan Stanley

Davis Polk & Wardwell - Rachel Kleinberg

Notes Offering

$650 million

Praxair

Citigroup / Credit Suisse / RBS

Cahill Gordon & Reindell

Davis Polk & Wardwell - Samuel Dimon

more across site & bottom lb ros

More from across our site

As German clients attempt to comply with complex cross-border rules, local advisers argue that aggressive tax authorities are making life even harder
Based on surveys covering more than 25,000 in-house lawyers, the series provides insights into what law firms must score highly on when pitching to in-house counsel
The UK tax authority reportedly lost a case due to missing a deadline; in other news, Canada has approved pillar two legislation
There will always be multinationals trying to minimise tax by pushing the boundaries of their cross-border arrangements, Rob Heferen claimed
HMRC’s attempts to crack down on fraudulent tax relief claims are well-meaning, but the agency risks penalising genuinely innovative businesses, writes Katy Long of ForrestBrown
Argentina, Brazil, Mexico and South Africa are among the countries the OECD believes could benefit from the simplified TP rules
It comes despite an offshore enabler penalty existing in the UK throughout the entire period
It is extraordinary that tax advisers in the UK can offer their services without having to join a professional body. This looks like it is coming to an end, Ralph Cunningham writes
Meet the esteemed judges who are assessing the first-ever Social Impact Awards
The ‘big four’ firm has also vowed to spend more on nurturing junior talent; in other news, Blick Rothenberg has hired a pair of tax partners
Gift this article