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 private equity-backed deal hands Grant Thornton immediate and impressive US scale, but World Tax data suggests the firm still has work to do to gain recognition
From Instagram content to £100m transactions, the founder of Thomas & Co International discusses building a modern tax and accounting firm for business founders
Growing GAAR scrutiny is driving taxpayers to look beyond legal form and demonstrate the commercial rationale underpinning tax-efficient structures
Pillar two has been clients’ ‘biggest headache’ but also a driver of growth for MHA, which believes it has the edge over its big four rivals
Public country-by-country reporting is exposing multinational tax data to investors, journalists and competitors, creating fresh risks for businesses
Pillar two compliance is creating unprecedented data demands for multinational tax departments, making closer collaboration with FP&A teams essential for accurate reporting and audit readiness
Among the arrivals is Andrew Howell, who leaves scandal-hit PwC Australia after representing PepsiCo in a high-profile TP dispute
ITR's podcast examines whether the big four have overarching cultural issues and assesses the competitive threat of technology-backed transfer pricing firms
The UK advisory firm has seen its global revenues expand by £27.2m following its listing and acquisition of Baker Tilly South-East Europe
Tax-trained John Sams, previously the firm’s CFO and COO, was appointed after a rigorous process, KPMG said
Gift this article