Deals of the week - January 13 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 2025

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

Deals of the week - January 13 2014

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes offering/accelerated share repo

$2 billion

FedEx Corporation

JP Morgan Securities; Goldman, Sachs; Morgan Stanley; Merrill Lynch, Pierce, Fenner & Smith; Citigroup

Davis Polk & Wardwell - Mario Verdolini, Leslie Altus, Ankur Dalal

Simpson Thacher & Bartlett

Primary placing of H shares

$759 million

China Oilfield Services (CNOOC)

China International Capital; Credit Suisse; JP Morgan; Goldman Sachs; Morgan Stanley

Davis Polk & Wardwell; KangDa Law Firm; Freshfields Burckhaus Deringer

Zhong Yin Law Firm

Acquisition financing

$325 million

XPO Logistics & 3PD

Credit Suisse Securities

Wachtell Lipton Rosen & Katz

Davis Polk & Wardwell

Incremental facility

$300 million

Verint Systems

Credit Suisse Securities; Deutsche Bank Securities

Jones Day

Davis Polk & Wardwell - Kathleen Ferrell

Common stock offering

$192 million

Kennedy-Wilson Holdings

Deutsche Bank Securities

Latham & Watkins; Kulik, Gottesman & Siegel

Davis Polk & Wardwell - Lucy Farr, Juelle Gomes

Secondary common stock offering

$163 million

Groupon (LivingSocial)

Morgan Stanley

Winston & Strawn; Cooley

Davis Polk & Wardwell - Rachel Kleinberg, Catherine Paskoff Chang

Senior notes offering

$150 million

K Hovnanian Enterprises

Credit Suisse Securities; JP Morgan Securities

Simpson Thacher & Bartlett

Davis Polk & Wardwell - Lucy Farr, Adam Perry

Acquisition financing

Undisclosed

Platinum Equity

Merrill Lynch, Pierce, Fenner & Smith; Credit Suisse Securities

Wilkie Farr & Gallagher

Davis Polk & Wardwell - Rachel Kleinberg, Vinay Prabhakar

more across site & shared bottom lb ros

More from across our site

An OECD report has uncovered a lack of public trust in politicians as a source for tax information. Banning them from owning shares in companies could boost confidence
‘We did not expect to carve out big economies from the minimum tax system’, Estonia’s finance minister said; in other news, Blick Rothenberg has acquired The Vat Consultancy
The proposal seeks to regulate compulsory TP documentation in line with the OECD Transfer Pricing Guidelines and simplify filing requirements
Despite the decline in profitability, the firm’s tax advisory business delivered a 3.4% revenue growth
Firms are making use of inventories and ample profit margins to avoid or absorb the initial impact of higher tariffs, an OECD report said
While UN proposals to shift airline taxation from a residence-based system to a source-state one are not set in stone, ex-British Airways CEO Willie Walsh warns they would increase costs and complexity
Von Wobeser y Sierra’s head of tax shares best practices for resolving tax controversy and touts his firm’s founding partner as an exemplar of legal practice
ITR concludes its analysis of World Tax’s rankings for 2026 by highlighting the firms that stood out most on a global scale
Experts from law firm Kennedys outline the key tax disputes trends set to define 2026, ranging from increased enforcement to continued tariff drama and AI usage
They also warned against an ‘unnecessary duplication of efforts’ in UN tax convention negotiations; in other news, White & Case has hired Freshfields’ former French tax head
Gift this article