Deals of the week - November 18 2013

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 - November 18 2013

Type of Deal

Value

Acquirer

Target

Adviser to acquirer (tax)

Adviser to target (tax)

Acquisition

$732 million

Deutsche Telekom

GTS Central Europe Group

Noerr

Acquisition

$284 million

Essilor International

Costa Inc

Weil Gotshal & Manges - Chayim Neubort, Eric Remijan

Sale of majority stake

Undisclosed

EQT

BackWerk

Hengeler Mueller - Martin Klein

Type of Deal

Value

Issuer/Borrower

Lead managers/arrangers

Adviser to issuer/borrower (tax)

Adviser to lead managers (tax)

Loan refinancing facility

$872 million

Blackboard Inc

Merrill Lynch, Pierce, Fenner & Smith; Deutsche Bank Securities; Morgan Stanley

Weil Gotshal & Manges

Davis Polk & Wardwell

Notes offering

$500 million

General Mills

Barclays Bank; Deutsche Bank; Merrill lynch International

Dorsey & Whitney

Davis Polk & Wardwell - Lucy Farr, Vinay Prabhakar

Secondary offering

$467.5 million

CST Brands (Valero Energy Corporation)

Citigroup Global Markets

Baker Botts; Jackson Walker

Davis Polk & Wardwell - Michael Farber, Neil Barr

Secondary offering

$365 million

US Silica Holdings

Morgan Stanley

Kirkland & Ellis

Davis Polk & Wardwell - Kathleen Ferrell, Nicole Field

Loan B credit facility

$320 million

Northeast Wind Capital II

BNP Paribas; CIT Finance; Goldman Sachs; Union Bank

Davis Polk & Wardwell - Samuel Dimon, Ankur Dalal

Milbank, Tweed, Hadley & McCloy

Bonds offering

$250 million

Kentucky Utilities

BNP Paribas; Citigroup; Goldman Sachs; Mitsubishi UFJ Securities

Pillsbury Winthrop Shaw Pittman

Davis Polk & Wardwell - Samuel Dimon, Anthony Oliva

Initial public offering

$187.5 million

Chegg

JP Morgan Securities; Merrill Lynch, Pierce, Fenner & Smith

Fenwick & West

Davis Polk & Wardwell - Rachel Kleinberg, Catherine Paskoff Chang

more across site & shared bottom lb ros

More from across our site

Recent changes in UK tax rules and cross-border requirements are generating high demand for specialist advice, according to MHA
Hany Elnaggar examines how Gulf Cooperation Council countries are internalising transfer pricing norms within evolving fiscal systems shaped by both Islamic and international influences
Where a TP study of comparables produces an arm’s-length range, and the taxpayer’s filed position is outside that range, HMRC will adjust to the median by default
EY, KPMG, Deloitte, and PwC have all seen a decrease in public sector contracts since the scandal – it is understood
Consoli, a tax partner at Brazilian law firm Martinelli Advogados, tells ITR about the importance of staying at the coalface and constantly learning
Despite legislative gridlock, international investors should be wary of legal precedents set by recent court rulings, which could substantially alter the Spanish tax environment
The new outfit, Ashurst Perkins Coie, will bring together around 3,000 lawyers across 23 countries
As World Tax unveils its much-anticipated rankings for 2026, we highlight the two Brazilian firms that had a standout year of tier promotions
ITR understands that UK Chancellor Rachel Reeves will announce a consultation on the proposed financial reward scheme, which had left advisers fretting
The long-running dispute centres on Medtronic’s use of the comparable uncontrolled transaction TP method; in other news, Paul Hastings and FTI Consulting both made double tax hires
Gift this article