Deals of the week - August 12 2013

August 11 2013

Type of Deal	Value	Acquirer	Target	Adviser to acquirer (tax)	Adviser to target (tax)
Acquisition	$1.1 billion	Brookfield Property Partners	Industrial Developments International	Weil, Gotshal & Manges - Scott Sontag	Alston & Bird - Jennifer Weiss
Acquisition	$405 million	AOL	Adap.tv		Fenwick & West - Ronald Schrotenboer, Zach Jones
Acquisition	$347 million	Samsung Group	Novaled	Skadden Arps Slate Meagher & Flom	Sullivan & Cromwell
Acquisition	$181.5 million	TreeHouse Foods	Associated Brands	Winston & Strawn / Stikeman Elliott - Luc Bernier, Éric Lévesque	Torys
Acquisition	$126 million	York Capital Management	Primus Telecommunications Group (North American retail telecom operations)	Stikeman Elliott - John Lorito
Acquisition	$122.5 million	Estrella International Energy Services	San Antonio Internacional Colombia	Aird and Berlis / Estudio Garrido	Davis Polk & Wardwell / Davies Ward Phillips & Vineberg / Cárdenas & Cárdenas
Acquisition	Undisclosed	Crossroads C&I	GlassCell Isofab	Stikeman Elliot / Kirkland & Ellis
Merger	Undisclosed	Theraclone Sciences	PharmAthene	Fenwick & West - Michael Solomon, Amanda Athanasiou
Type of Deal	Value	Issuer/Borrower	Lead managers/arrangers	Adviser to issuer/borrower (tax)	Adviser to lead managers (tax)
Loan Facility Refinancing	$1.49 billion	Hologic	Goldman Sachs	Brown Rudnick	Davis Polk & Wardwell
Block Trade	$1.1 billion	LyondellBasell Industries	Barclays Capital	Baker Botts	Davis Polk & Wardwell - Michael Farber
Notes Offering	$1 billion	Baidu	JP Morgan / Goldman Sachs	Skadden, Arps, Slate, Meagher & Flom / Han Kun Law Offices / Maples and Calder / Li & Partners	Davis Polk & Wardwell - Alon Gurfinkel
Initial Public Offering	$383 million	Sprouts Farmers Market	Goldman Sachs /Credit Suisse	Morgan, Lewis & Bockius	Davis Polk & Wardwell - Samuel Dimon
Notes Offering	$300 million	Bankrate		Wachtell, Lipton, Rosen & Katz - Joshua Holmes
Initial Public Offering	$140 million	Ardmore Shipping	Morgan Stanley	Seward & Kissel	Davis Polk & Wardwell - Michael Mollerus

Topics

Sponsored

more across site & shared bottom lb ros

More from across our site

Direct Tax

Aerial view of Christ and Botafogo Bay from high angle.

Brazilian MNEs struggling to align pillar two with domestic tax incentives

While pillar two has been enacted on paper in Brazil, companies are encountering a range of practical compliance issues, ITR has heard

Sam Sholli, March 24 2026

Direct Tax

guinevere moore resized.jpg

Guinevere Moore on balancing tax litigation with childcare and ‘paying it forward’

Moore, founding partner of the Chicago tax boutique which bears her name, shares her career wisdom for ITR’s new Women in Tax interview series

March 24 2026

Direct Tax

Baker McKenzie

Clients considering US relocation following pillar two carve-out deal: Baker McKenzie

But partners at the firm admit that jumping ship to the US would not be as easy as some believe

Tom Baker, March 23 2026

Direct Tax

Artificial intelligence

A taxing week: AI is reshaping capital flows and toppling the old tax order

Governments are rewriting tax policy for the AI era, deploying digital taxes, tailored incentives and algorithmic enforcement that redefine where value is created

Teresa Owusu-Adjei, March 20 2026

Direct Tax

This week in tax: KPMG announces Gary Wingrove as new global chairman and CEO

Wingrove will succeed Bill Thomas, who has served in the role since 2017; in other news, Andersen unveiled a sharp increase in revenues for 2025

Sam Sholli, March 20 2026

Transfer Pricing

‘Clear limitations’: Italian advisers differ on intra-group financing TP ruling

Partners are divided on Italy vs PDM D’s analytical depth, evidentiary standards, and what the judgment signals for future intra-group financing cases

Sam Sholli, March 19 2026

Direct Tax

Back office

Back office to backbone: tax risks of evolving global capability centres

As GCCs increasingly become strategic hubs, multinationals face heightened risks around permanent establishment and place of effective management

Mehul Jain, March 19 2026

Direct Tax

wopke hoekstra.jpg

‘Kept the family together’: EU tax chief praises US/OECD pillar two deal

While all options presented ‘drawbacks’, European Commission tax leader Wopke Hoekstra said the controversial US carve-out deal has ‘many benefits’

Sam Sholli, March 18 2026

Direct Tax

FAQs

The pillar two side-by-side agreement: key questions answered

From tech preparations to competitiveness concerns, Tax Systems’ Russell Gammon addresses the most pressing client considerations arising from the SbS deal

Russell Gammon, March 17 2026

Direct Tax

Alex Cobham, Paul Monaghan

Tax campaigners clash on pillar two as side-by-side deal costs emerge

Despite estimates that the US/OECD agreement will cost countries billions, the Fair Tax Foundation’s Paul Monaghan believes the deal is a ‘necessary evil’

Sam Sholli, March 16 2026