Deals of the week - April 9 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 - April 9 2012

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Merger

$1.4 billion

Justice Holdings / Pershing Square Capital

Burger King Worldwide

Sullivan & Cromwell - Davis Wang / Greenberg Traurig

Kirkland & Ellis

Patent Deal

$1.1 billion

Microsoft

AOL

Covington & Burling

Wachtell, Lipton, Rosen & Katz / Finnegan, Henderson, Farabow, Garrett & Dunner

Acquisition

$1 billion

Facebook

Instagram

Fenwick & West - Adam Halpern, Natalie Pardo de Zela

Orrick

Acquisition

$950 million

Cerberus Capital

AT&T (Yellow Pages)

Schulte Roth - Alan Waldenberg

Sullivan & Cromwell - Andrew Mason

Acquisition

$221.4 million

Witwatersrand Consolidated Gold Resources / Pan African Resources

Evander Gold Mines (Harmony Gold Mining)

Stikeman Elliott / Eversheds

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

Notes Offering

$3 billion

Apache

Citigroup / Goldman Sachs / J.P. Morgan

Bracewell & Giuliani

Davis Polk & Wardwell - Michael Farber, Juelle Gomes

Notes Offering

$2.15 billion

Hartford Financial

Citigroup / Goldman Sachs

Davis Polk & Wardwell - Harry Ballan, Yuliya Epifantseva

Cleary Gottlieb Steen & Hamilton

Senior Notes Offering

$1.5 billion

Lloyds TSB

Citigroup / Merrill Lynch / Morgan Stanley / Wells Fargo

Linklaters / Dundas & Wilson / Davis Polk & Wardwell

Allen & Overy

Refinancing

$1.25 billion

Cargill

ANZ / Tokyo-Mitsubishi UFJ / BNP Paribas / Deutsche Bank / HSBC / RBS / Standard Chartered

WongPartnership

Linklaters

High-yield Notes Offering

$1.1 billion

OGX

Davis Polk & Wardwell - Po Sit, Ankur Dalal

White & Case / Machado Meyer Sendacz Opice

Initial Public Offering

$490 million

Rexnord

Merrill Lynch / Goldman Sachs / Credit Suisse / Deutsche Bank / Barclays

O’Melveny & Myers

Davis Polk & Wardwell - Samuel Dimon, Arie Rubenstein

Initial Public Offering

$100.1 million

Merrimack Pharmaceuticals

JP Morgan

Wilmer Cutler Pickering Hale and Dorr

Davis Polk & Wardwell - Neil Barr, Changsheng Song

more across site & shared bottom lb ros

More from across our site

Wim Wuyts, who had been head of the specialist tax network since 2017, is moving on to a new role with WTS’s Belgian member firm
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities
Grant Thornton’s Austria tax head likens his practice to an escape room, shares his football coaching ambitions, and explains why tax is cool
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards
The fates of pillars one and two hang in the balance after the US successfully threw its weight around in G7 and Canadian negotiations
Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’
It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
Gift this article