Deals of the month

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 month



Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquistion

$10.4 billion

Vantiv Inc

Worldpay Group (United Kingdom)

Skadden, Arps, Slate, Meagher & Flom

Allen & Overy

Acquisition

$5.2 billion

Walgreens Boots Alliance

Rite Aid Corporation (Sale of 2,186 stores, related distribution assets and inventory)

Sidley Austin; Weil, Gotshal & Manges

Skadden, Arps, Slate, Meagher & Flom (Chase Wink); Jones Day

Acquisition

$2.8 billion

Internet Brands

WebMD Health Corp

Simpson Thacher & Bartlett (Rob Holo and Sophie Staples)

Shearman & Sterling (Ethan Harris and Ryan Au)

Acquisition

$2.2 billion (approx.)

A wholly owned subsidiary of Royal Philips Holding USA Inc

The Spectranetics Corporation

Sullivan & Cromwell (Eric Wang and Michelle Lu)


Acquisition

$2.6 billion

Liberty Interactive

HSN

Baker Botts

Davis Polk & Wardwell (David H Schnabel)

Acquisition

$2.3 billion (approx.)

L1 Retail

Holland & Barrett Retail (part of the Carlyle Group)

Jones Day

DLA Piper (Holland & Barret); Latham & Watkins (Carlyle Group)

Acquisition

$1.6 billion

Key Safety Systems Inc

Takata Corporation (Japan)

Skadden, Arps, Slate, Meagher & Flom (Stuart Finkelstein)

Nagashima Ohno & Tsunematsu; Weil, Gotshal & Manges

Acquisition

$1.4 billion (approx.)

Newly formed company controlled by KKR and Walgreens Boots Alliance

PharMerica Corporation

Simpson Thacher & Bartlett; Weil, Gotshal & Manges

Davis Polk & Wardwell (Rachel Kleinberg)

Acquistion

$1.4 billion

Michael Kors Holdings

Jimmy Choo

Slaughter and May (Sara Luder); Paul, Weiss, Rifkind, Wharton & Garrison

Freshfields Bruckhaus Deringer

Acquistion

$1.4 billion

Atlantic Broadband (a subsidiary of Cogeco Communications)

Harron Communications LP's MetroCast cable systems

Stikeman Elliott; Kirkland & Ellis

Morgan, Lewis & Bockius

Acquisition

$1.4 billion (approx.)

Red Ventures Holdco

Bankrate

Simpson Thacher & Bartlett

Wachtell, Lipton, Rosen & Katz

Acquisition

$1.2 billion (approx.)

LabCorp

Chiltern International

Hogan Lovells; Nixon Peabody

Hughes Hubbard; Macfarlanes

Acquisition

$1.2 billion (approx.)

The Washington Companies

Dominion Diamond Corporation

Skadden, Arps, Slate, Meagher & Flom (Dean Kraus and Lindsay Gwyer); Blake, Cassels & Graydon

Stikeman Elliott

Acquisition

$1.2 billion (approx.)

H&E Equipment Services Inc

Neff Corporation

Dechert

Akin Gump Strauss Hauer & Feld

Acquisition

$1.1 billion (approx)

Mitsubishi Tanabe Pharma Corporation

NeuroDerm

Davis Polk & Wardwell

White & Case; Meitar Liquornik Geva Leshem Tal

Acquisition

$1 billion

Bertelsmann SE & Co KGaA

Penguin Random House (22% stake from Pearson)

Davis Polk & Wardwell (Ethan R Goldman and Aliza Slansky); Slaughter & May (Tony Beare)

Freshfields Bruckhaus Deringer (Paul Davison); Morgan Lewis & Bockius (Richard Zarin)

Acquisition

$850 million

The Sage Group

Intacct Corporation

Skadden, Arps, Slate, Meagher & Flom (Nathan Giesselman)

Fenwick & West (Will Skinner and Michael Knobler)

Type of Deal

Value

ssuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Senior notes offering

$7 billion

Morgan Stanley


Davis Polk & Wardwell (Po Sit, Lucy Farr and Andrew Smith); Sidley Austin (Nicholas Brown and Joshua Lingerfelt)


Notes offering

$4.25 billion

Sumitomo Mitsui Financial Group


Davis Polk & Wardwell (John Paton, Alon Gurfinkel and Omer Harel)


Senior notes offering

$2.25 billion

General Motors Financial Company

AmeriCredit Financial Services

Davis Polk & Wardwell (Lucy Farr and Gil Savir)


Notes offering

$1.5 billion

Baidu


Skadden, Arps, Slate, Meagher & Flom





more across site & shared bottom lb ros

More from across our site

As global capability centres use AI to deliver services, MNEs face a fresh wave of PE and TP exposure that their existing playbooks weren't built for
The deal for Comtax hands Ryan immediate scale in Brazil, with a near-70-strong team serving clients from São Paulo
The arrivals of Julio Castro and Adam Blakemore mean the firm has added six tax partners to its global practice since the start of 2025
Tax authorities have gained unprecedented transparency through CbCR, but a new study suggests they may not be looking in the right places
The future chief tax officer will be judged not only on compliance, but on their ability to harness data, technology and AI to support strategic decision-making
More than 200 tier promotions reshaped this year's European rankings as several international firms strengthened their positions in key tax markets
Ryosuke Takemura, OECD policy adviser, countered that the organisation’s role is ‘not to solve these issues one by one’ but to prevent tax disputes in general
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2026 Asia-Pacific Tax Awards
Monica Erasmus-Koen and her Taxtimbre team will be responsible for building the firm’s TP capability in the competitive Netherlands market
Haynes Boone’s new London partner, Alexandra Ueno-Park, argues that one-size-fits-all policies, billable-hour targets and outdated networking expectations can hold talent back
Gift this article