Nirangjan is a Partner in Gilbert + Tobin’s Corporate Advisory group. His practice centres on M&A with particular expertise in listed company takeovers and schemes of arrangement, having advised on a number of recent significant, high profile transactions in the Australian market. His practice also extends to equity capital markets transactions, advising on IPOs, back door listings and secondary raisings. He advises his listed clients on all matters relevant to being a listed entity, including listing rule compliance, corporate governance, capital management and takeover defence.
Nirangjan has also worked as a lawyer at the Takeovers Panel and in the corporate finance division of ASIC, giving him a unique skill set in public company takeovers and capital markets and contacts with key regulators.
Nirangjan’s recent transactions include advising:
- Spotless Group on the approx. $1.2 billion unsolicited takeover bid by Downer EDI Limited.
- Anheuser-Busch InBev NV/SA (ABI) on its approx US$108 billion global merger with SABMiller.
- REA Group on its $750 million acquisition of iProperty by scheme of arrangement (including stub equity consideration).
- AusNet Services on its acquisition of the Mortlake Terminal Station from Origin and ongoing long term service arrangements.
- Energy Developments Limited on its $1.4 billion acquisition by DUET Group by scheme of arrangement.
- Woolworths South Africa on its $2.15 billion acquisition of David Jones Limited by scheme of arrangement.
- Woolworths South Africa on its acquisition of the minorities in Country Road Limited by off-market takeover bid.
- Wesfarmers on various transactions, including the $180 million acquisition of the Workwear Division of Pacific Brands Limited and acquisition of Greencap Limited by scheme of arrangement.
- Aquis Group on its reverse takeover of Discovery Resources and listing on ASX.
- Bidder for Transgrid, NSW poles & wires privatisation, which ultimately sold for $10.3 billion.
- Advising Metro Property Development Limited on its initial public offering and listing on ASX (deferred).
- Advising Orchard Landmark on the IPO on ASX of Silver Heritage Limited and subscription for related bond and option issue.
- Brookfield’s lenders on the public company legal aspects of Brookfield’s proposed $8.9 billion scheme of arrangement to acquire Asciano Limited.
- Wilmar International and First Pacific Company on the $1.3 billion acquisition of Goodman Fielder Limited by scheme of arrangement.
- Aquis Group on its successful acquisition of Casino Canberra and proposed redevelopment including gaming regulator engagement.
- Aquis Group on its proposed $270 million takeover of the Reef Casino Trust including engagement with Queensland gaming regulators.
- DuluxGroup on its unsolicited successful acquisition of Alesco Corporation.
- Ludowici Limited on its $388 million acquisition by scheme of arrangement by FLSmidth and competing offers from the Weir Group.
- IFM Investors on various acquisitions.
- SP AusNet (now AusNet Services) in relation to the $824 million sell-down of 20% of SP AusNet by its major shareholder, Singapore Power, to State Grid of China.
- Glory Resources Limited on its takeover by Eldorado Gold Corporation.
- The Waterberg Coal Company on its successful unsolicited takeover bid for Firestone Energy Limited.
- Exxaro Resources on its successful takeover of African Iron Limited.
- IFM Investors on its coinvestment arrangements for its successful $5 billion bid for the Port of Botany and Port Kembla.
- Westpac and Hastings Funds Management in relation to the $2 billion sale of infrastructure assets to the Future Fund and management internalisation proposal.
- Central Australian Phosphate Limited on the defence of an unsolicited takeover bid and potential competing offers.
- Crescent Capital Partners on its successful unsolicited takeover bid for ClearView Wealth Limited.
- Aurora Oil & Gas on its unsolicited takeover of Eureka Energy Limited.
In recent years Nirangjan has represented clients successfully in many Takeover Panel matters including: Brisbane Markets Limited (2016), Firestone Energy (2013), Alesco 1, 2 and 3 (2012), Ludowici Limited 1, 1R(a) and 1R(b), Bentley Capital 1 and 1R (2011)
Nirangjan has recently been named by Best Lawyers 2018 in the Mergers and Acquisitions Law category and he is also recognised in Doyle’s List as a “rising star”. He is a contributing author to, and editor of, the Gilbert + Tobin annual publication, the Takeover and Schemes Review. Recently, he has co-authored an article published by the Governance Institute, “Institutional shareholder activism: New draft guidance from ASIC provides a refresher on association” and was also profiled in the Australasian Lawyer following his work on the acquisition by Woolworths South Africa of David Jones Limited and Country Road Limited.
Nirangjan has a Bachelor of Laws and Commerce (Finance) from Macquarie University.
+61 3 8656 3339