Deals of the week - March 26 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 2025

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

Deals of the week - March 26 2012

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$6.8 billion

United Parcel Service

TNT Express

Freshfields Bruckhaus Deringer - Machiel Lambooij, Job van der Pol

Allen & Overy

Acquisition

$6.15 billion

Glencore International

Viterra

King & Wood Mallesons - Justin Cherrington / Bennett Jones

Torys / Ashurst / Sidley Austin

Acquisition

$900 million

Richardson International

Viterra

Stikeman Elliott - John Lorito, Francesco Gucciardo

Acquisition

$623.1 million

Omega Pharma

GSK (European portfolio of Healthcare OTC products)

Hengeler Mueller / Slaughter & May / Bonelli Erede

Acquisition

$449 million

NEC

Convergys

Davis Polk & Wardwell - Avishai Shachar, Anthony Oliva

Wachtell, Lipton, Rosen & Katz - Deborah Paul, Rachel Carlton

Acquisition

$180 million

Zynga

OMGPOP

Cooleys

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Notes Offering

$2.5 billion

Rio Tinto

Citigroup / Credit Suisse / Deutsche Bank / J.P. Morgan / ANZ / Credit Agricole / Mitsubishi UFJ / SG Americas

Linklaters

Davis Polk & Wardwell - John Paton, Alon Gurfinkel

Notes Offering

$1.1 billion

Medtronic

Deutsche Bank / Merrill Lynch / UBS

Fredrikson & Byron

Davis Polk & Wardwell - Samuel Dimon, Juelle Gomes

Vendor Financing

$375 million

Telefónica

China Development Bank

White & Case / Uría Menéndez / De Brauw Blackstone Westbroek

Senior Notes Offering

$300 million

AK Steel

Merrill Lynch / J.P. Morgan / Citigroup / Credit Suisse / Deutsche Bank / Wells Fargo

Davis Polk & Wardwell - Samuel Dimon, Ethan Goldman

Common Units Offering

$288 million

AmeriGas

Wells Fargo / Barclays / Citigroup / Credit Suisse / Merrill Lynch / UBS

Morgan, Lewis & Bockius

Davis Polk & Wardwell - Neil Barr, Changsheng Song

Common Stock Offering

$145 million

XPO Logistics

Morgan Stanley / Deutsche Bank / Jefferies & Company

Cravath, Swaine & Moore

Davis Polk & Wardwell - Kathleen Ferrell, Isaac MacDonald

more across site & shared bottom lb ros

More from across our site

Firms are spending serious money to expand their tax advisory practices internationally – this proves that the tax practice is no mere sideshow
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers
Former EY and Deloitte tax specialists will staff the new operation, which provides the firm with new offices in Tokyo and Osaka
TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
The UK tax agency has appointed six independent industry specialists to the panel
The two tax partners have significant experience and expertise in transactional and tax structuring matters
Katie Leah’s arrival marks a significant step in Skadden’s ambition to build a specialised, 10-partner London tax team by 2030, the firm’s European tax head tells ITR
Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR
Using tax to enhance its standing as a funds location is behind Luxembourg’s measures aimed at clarifying ATAD 2 and making its carried interest regime more attractive
Encompassing everything from international scandals to seismic political events, it’s a privilege to cover the intriguing world of tax
Gift this article