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

Jaydeep Menon explains how Frazier & Deeter built a specialist practice which helps UK start-ups expand into the US and why private equity backing is accelerating its ambitions
As joint audits, data sharing and pillar two reshape tax controversy, multinational groups can no longer afford to manage disputes one jurisdiction at a time
Brazil's tax system is being reshaped by VAT , pillar two and TP reform. Fallet explains why those changes convinced him to lead a new practice
The agreement with Daribatech, alongside recent high-profile investment in talent, suggests the firm is gearing up for a significant push in the region
Several factors have led to a steady transition of TP work away from traditional advisers and towards full-service law firms, DLA Piper’s new TP leader says
Julian Balson's departure from EY's Tier 1 tax controversy practice for lower-ranked Fieldfisher represents one of the more eye-catching UK hires of the year
Former IRS commissioner Danny Werfel argues that the biggest obstacle to AI adoption in tax is not technology, but trust, and introduces a practical AI risk framework to help
Howell takes a deep dive into how he led the landmark PepsiCo dispute, discusses the ATO's enforcement priorities, and emphasises KordaMentha's market ambitions
Global tax leader David Linke said that the TaxSim gaming programme could replace aspects of traditional face-to-face learning
Former ATO economist Craig Silverwood is joining from Australian firm MinterEllison
Gift this article