Deals of the week - July 2 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 - July 2 2012

TYPE OF DEAL

VALUE

ACQUIRER

TARGET

ADVISER TO ACQUIRER (TAX)

ADVISER TO TARGET (TAX)

Acquisition

$20.1 billion

Anheuser-Busch InBev

Grupo Modelo

Skadden, Arps, Slate, Meagher & Flom / Sullivan & Cromwell / Freshfields Bruckhaus Deringer

Cravath Swaine & Moore

Acquisition

$5.35 billion

Petronas

Progress Energy

Norton Rose

Burnet, Duckworth & Palmer

Acquisition

$3.8 billion

MediaTek

Mstar Semiconductor

Jones Day

Lee & Li

Acquisition

$1.9 billion

Rift

Veolia

Hogan Lovells

Simmons & Simmons

Acquisition

$1.2 billion

Microsoft

Yammer

Perkins Coie

Orrick Herrington & Sutcliffe

Acquisition

$500 million

Oriental Financial Group

Banco Bilbao Vizcaya Argentaria

Davis Polk & Wardwell - Kathleen Ferrell

Acquisition

$315 million

Affymetrix

eBioscience

Davis Polk & Wardwell - Rachel Kleinberg

DLA Piper

Acquisition

$237.6 million

Marubeni

ACR

Allen & Gledhill

WongPartnership

TYPE OF DEAL

VALUE

ISSUER / BORROWER

LEAD MANAGERS / ARRANGERS

ADVISER TO ISSUER / BORROWER

ADVISER TO LEAD MANAGERS

Notes Offering

$1.5 billion

Caterpillar

Citigroup / J.P. Morgan / Merrill Lynch

Sidley Austin

Davis Polk & Wardwell - Kathleen Ferrell

Refinancing

$1.08 billion

Loy Yang B Power Station (International Power / GDF Suez / Mitsui & Co)

King & Wood Mallesons

Freehills

Secondary Offering

$1 billion

IHS

Goldman Sachs

Davis Polk & Wardwell - Harry Ballan

Sullivan & Cromwell

Global Bond Offering

$1 billion

Province of Ontario

Deutsche Bank / Goldman Sachs / J.P. Morgan / TD Securities

Davis Polk & Wardwell

Medium-term Note Programme

$630.7 million

Mewah International

DBS Bank

WongPartnership

Allen & Gledhill

Notes Offering

$250 million

Brasil Foods

BB Securities / HSBC / Itau BBA / Santander

Simpson Thacher & Bartlett / Machado, Meyer, Sendacz e Opice

Davis Polk & Wardwell - Samuel Dimon, Yuliya Epifantseva

Term Loan Facility

$250 million

NCI Building Systems

Credit Suisse

Debevoise & Plimpton

Davis Polk & Wardwell - Michael Mollerus

Entitlement Offer

$225 million

Billabong

Goldman Sachs / Deutsche Bank

Allens / Sidley Austin

King & Wood Mallesons / Skadden, Arps, Slate, Meagher & Flom

more across site & shared bottom lb ros

More from across our site

The new practice, which features former ‘big four’ experience, already has over 20 team members
Speakers from companies including Uber and Stripe told the inaugural AI in Tax Forum to brace for impending changes to how advisers work
Authors from Khaitan & Co dissect a ‘welcome’ ruling, which found that the mere existence of a tax benefit would not, by itself, warrant a principal purpose test
Over two-thirds of survey respondents back the continuation of the UK’s digital services tax, research commissioned by the Fair Tax Foundation also found
Given the US/G7 pillar two deal, the OECD is in danger of being replaced by the UN as the leading global tax reform forum
Cinven’s latest investment follows its acquisition of a stake in Grant Thornton UK in December; in other news, a barrister listed by HMRC as a tax avoidance promoter has alleged harassment
CIT base narrowing measures remain more prevalent than increased CIT rates, the report also highlighted
ITR's parent company, LBG, will acquire The Lawyer, a leading news, intelligence and data-driven insight provider for the legal industry, from Centaur Media
KPMG UK’s Graeme Webster and KPMG Meijburg & Co’s Eduard Sporken outline the 20-year evolution of MAPAs, with DEMPE analyses becoming more prevalent and MAPA requirements growing stricter
Rishi Joshi, of the Institute of Chartered Accountants of India, warns of potential judicial overreach as assets are recharacterised to bypass a legislative exclusion
Gift this article