Deals of the week - September 3 2012

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 - September 3 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$13.4 billion

China Telecom Corporation

CDMA network assets

Sullivan & Cromwell / Jingtian & Gongcheng / Freshfields Bruckhaus Deringer

Acquisition

$3.7 billion

Daikin Industries

Goodman Global

Davis Polk & Wardwell - Avishai Shachar

Simpson Thacher & Bartlett

Acquisition

$3.7 billion

M&T

Hudson City

Wachtell, Lipton, Rosen & Katz

Sullivan & Cromwell

Acquisition

$3.1 billion

Scotiabank

ING Direct Canada

Torys

Sullivan & Cromwell - Ronald Creamer / Norton Rose

Acquisition

$430 million

Sunovion Pharmaceuticals

Elevation Pharmaceuticals

Latham & Watkins - Laurence Stein

Acquisition

$253 million

Western Mining Group

Inter-Citic Minerals

Stikeman Elliott

Miller Thomson

Business Transfer Agreement

$200 million

Hospira

Orchid Pharma

Khaitan & Co / Baker & McKenzie

Latham & Watkins / Amarchand, Mangaldas & Co.

Acquisition

Undisclosed

GENIVAR

Smith Carter

Stikeman Elliott

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Senior Notes Offering

$1 billion

LabCorp

Credit Suisse / Merrill Lynch

Hogan Lovells

Davis Polk & Wardwell - Michael Farber

PERLS VI Hybrid

$770 million

Commonwealth Bank of Australia

Morgan Stanley / ANZ Securities / Goldman Sachs / Macquarie Capital / RBS / Westpac

Freehills

King & Wood Mallesons

more across site & shared bottom lb ros

More from across our site

The country has overseen better audit procedures and demonstrated commitment to acting as a 'regional leader' on international tax matters, the OECD said
Barrister Setu Kamal and policy guru Dan Neidle have clashed over the former’s legal action against Google, described as ‘bonkers’ by Neidle
Authors from Khaitan & Co evaluate the recent CBDT notification, whereby legacy investments made by investors continue to be exempt from the applicability of GAAR
Dual-qualified corporate tax specialist Christoph Schimmer joins the firm after stints at Deloitte, Cerha Hempel and DLA Piper
Geopolitical rivalry is reshaping global tax cooperation, as the OECD’s minimum tax framework fragments and the EU grapples with the ensuing legal fallout
LED Taxand’s partner tells ITR about entrepreneurial inspirations, the importance of people skills, and what makes tax cool
Shiny new offices like Ryan’s in London Bridge aren’t just a cost – they signal that a firm is willing to align with its clients’ interests
Darren Graves will succeed Richard Houston, who is set to lead Deloitte EMEA; in other news, Morgan Lewis hired a three-partner tax team in New York
India also signed its first-ever bilateral APAs with France, Ireland, Indonesia and Sweden last year, the CBDT revealed
Chile’s revamped GAAR marks a shift toward structural scrutiny, pushing MNEs to strengthen tax governance, economic substance and compliance strategies
Gift this article