Mergers and Acquisitions
“They cover all requirements, with contacts worldwide for overseas advice, quick response times – especially when deadlines are tight – and good, clear advice.” Chambers Asia Pacific, 2014
Our Mergers and Acquisitions team work on many of Australia’s largest, most complex and most watched M&A deals. We work seamlessly with our specialists across the areas of intellectual property, competition, regulation and corporate finance to facilitate deals. Our clients are loyal to us because we work with them as part of their team, rather than as a service provider.
As our client, you’ll have the opportunity to meet every member of the team working on your deal. Our focused team of lawyers will work closely with you, and your financial and other advisors, to understand your needs so we can manage the risks throughout the deal process and ensure the best commercial outcomes are achieved within the right timeframe.
- executing and defending takeover bids, with substantial experience in proceedings before the Takeovers Panel
- implementing agreed mergers by scheme of arrangement
- complex share or asset acquisitions and divestitures, including cross-border transactions
- complex private equity structuring, including management and leveraged buy-outs
- obtaining FIRB approvals and ASX and ASIC waivers relevant to mergers or acquisitions and
- advising investors, such as hedge funds, on takeover developments and strategies.
- Woolworths Holdings Limited (South Africa): on its proposed $2.15 billion acquisition of David Jones by scheme of arrangement.
- Vitol: on its $2.9 acquisition of Shell’s Australian assets.
- Aquis Casino Acquisitions Pty Ltd: on its proposed acquisitions of the Cairns and Canberra Casinos.
- Aurora Oil & Gas: on $2.6 billion proposed acquisition by Baytex.
- Westpac: on $1.45 billion acquisition of Lloyds Banking Australian businesses.
- SP Ausnet: on the A$824 million 20% sell-down by its major shareholder, Singapore Power, to State Grid of China.
- The Centerbridge and Oaktree consortium: on $271 million recapitalisation of Billabong International Limited, including in relation to their Takeover Panel application regarding the affairs of Billabong.
- Nine Entertainment Co.: on the $223 million acquisition of Perth’s Channel 9.
- Quadrant: on the $300 million acquisition of Zip Industries.
- GrainCorp: on the proposed $3.4 billion takeover from Archer Daniels Midlands.
- Nine Entertainment Co.: on its $3.4 billion restructure by scheme of arrangement, which involved the restructure of its mezzanine and senior debt for equity.
- PEP Funds II and III: on the $225 million partial sell down of Link to Macquarie and ICG.
- Fugro N.V.: acting as the Australian counsel on the €1.2 billion divestment of its Geoscience Division to CGG Veritas SA.
- HOCHTIEF AirPort GMBH: on the $1.2 billion sale of its direct and indirect interest in Sydney Airport to Sydney Airport Holdings and its equity interests in listed entity Sydney Airport to CPPIB.
- Pacific Equity Partners: on the $1.1 billion acquisition of the Spotless Group via scheme of arrangement.
- Westpac and Hastings Funds Management: on the $2 billion sale of infrastructure assets to the Future Fund and management internalisation proposal.
- SP AusNet: on the $824 million 20% sell-down by its major shareholder, Singapore Power, to State Grid of China.
- Telstra: on the NZ$840 million sale of Telstra Clear to Vodafone.
- Charter Hall Office Management: on the $1.74 billion sale of Charter Hall Office REIT (CQO) via a Court sanctioned and member approved scheme.
- Telstra: as a FOXTEL partner on FOXTEL’s $2.5 billion acquisition of AUSTAR, incorporating complex competition law issues and implementing a joint bid.