Deals of the week - July 21 2014

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 21 2014

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Merger

$54.8 billion

Shire plc

AbbVie Inc.

Davis Polk & Wardwell - Michael Mollerus

Acquisition

$175 million

LinkedIn Corporation

Bizo Inc.

Fenwick & West - Adam Halpern, William Skinner

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Bridge Facility

$5.7 billion

Tyson Foods, Inc.

Morgan Stanley Senior Funding, Inc.

Davis Polk & Wardwell

Weil, Gotshal & Manges

Senior Notes Offering

$3 billion

Morgan Stanley

Morgan Stanley & Co. LLC

Davis Polk & Wardwell - Lucy Farr, Andrew Smith

Sidley Austin

Term Loan Facility

$2.5 billion

Tyson Foods, Inc.

Morgan Stanley Senior Funding, Inc.

Davis Polk & Wardwell

Weil, Gotshal & Manges

Notes Offering

$1.25 billion

Toyota Motor Credit Corporation

Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC

Davis Polk & Wardwell - Lucy Farr, Rachel Kleinberg, Koonho Cho

Notes Offering

$1 billion

CSX Corporation

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and UBS Securities LLC

Davis Polk & Wardwell - Harry Ballan, Adam Bedzow

Shearman & Sterling

Senior PIK Toggle Notes Offering

$400 million

MHGE

Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, BMO Capital Markets Corp., Jefferies LLC, Nomura Securities International, Inc., UBS Securities LLC and Apollo Global Securities LLC

Paul, Weiss, Rifkind, Wharton & Garrison

Davis Polk & Wardwell - Harry Ballan, Tracy Matlock

Senior Notes Offering and Capped Call Transactions

$130 million

The KEYW Holding Corporation

RBC Capital Markets, LLC and Merrill Lynch, Pierce, Fenner & Smith Inc

Alston & Bird, Holland & Knight

Davis Polk & Wardwell - Po Sit, Lucy Farr, Aaron Weil

Intial Shares Offering

$130 million

Alexander Forbes Group Holdings Ltd

Deutsche Bank AG, London Branch, Morgan Stanley & Co. International plc and Rand Merchant Bank

Bowman Gilfillan Inc., Davis Polk & Wardwell - John Paton, Omer Harel

Freshfields Bruckhaus Deringer, Edward Nathan Nathan Sonnenbergs Inc.



more across site & shared bottom lb ros

More from across our site

The Australian Taxation Office believes the Swedish furniture company has used TP to evade paying tax it owes
Supermarket chain Morrisons is facing a £17 million ($23 million) tax bill; in other news, Donald Trump has cut proposed tariffs
The controversial deal will allow US-parented groups to be carved out from key aspects of pillar two
Awards
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2027 World Tax rankings and the 2026 ITR Tax Awards globally
Pillar two was ‘weakened’ when it altered from a multinational convention agreement to simply national domestic law, Federico Bertocchi also argued
Imposing the tax on virtual assets is a measure that appears to have no legal, economic or statistical basis, one expert told ITR
The EU has seemingly capitulated to the US’s ‘side-by-side’ demands. This may be a win for the US, but the uncertainty has only just begun for pillar two
The £7.4m buyout marks MHA’s latest acquisition since listing on the London Stock Exchange earlier this year
ITR’s most prolific stories of the year charted public pillar two spats, the continued fallout from the PwC Australia tax leaks scandal, and a headline tax fraud trial
The climbdowns pave the way for a side-by-side deal to be concluded this week, as per the US Treasury secretary’s expectation; in other news, Taft added a 10-partner tax team
Gift this article