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 scandal has come just three years after the PwC tax leaks controversy and has prompted KPMG’s Australian chief executive to resign
In the first of a two-part series on capital v revenue in R&D, Jayne Stokes explores these key concepts and where UK companies need to tread carefully
Magnus Pantzar is set to join as managing director after spending nearly a decade as EQT’s global head of tax
The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals
The recent spree of firm mergers and acquisitions proves that geographic scale is the name of the game
The big four spin-off firm becomes Taxand’s second UK member; in other news, Haynes Boone launched a UK tax practice
Stephanie Pantelidaki’s economic expertise will give Norton Rose Fulbright’s other teams ‘extra firepower,’ she says
Mada has opened simultaneously in Paris and Dubai with an eight-lawyer team from Trinity International
PwC will continue to provide indirect tax services as part of the deal; in other news, the CJEU addressed the VAT treatment of TP adjustments
The arrival of Renan Ozturk and his team from A&M Tax introduces a unique proposition within the Middle East legal market, the firm said
Gift this article