And approval of some American -
led takeover deals are being held up in Beijing currently.
Not exact matches
Through the
deal, Ten's biggest creditor has thwarted a
takeover by a consortium
led by Lachlan Murdoch — co-chair of CBS rival and fellow Ten creditor News Corp (nwsa)-- that was widely expected after Ten entered administration in June.
Australia's corporate watchdog has launched an inquiry into TPG Telecom's planned $ 1.6 billion
takeover of iiNet, after saying the
deal may
lead to a substantial lessening of competition.
There were only three technology
deals of more than $ 5 billion announced last year involving a U.S. buyer or seller — Toshiba's memory chip sale to a consortium
led by Bain Capital, Intel's purchase of Mobileye, and Marvell's
takeover of Cavium, according to FactSet.
Shares of Fraser and Neave (F&N) finished 1.95 percent lower after a group
led by a Thai billionaire won the
takeover battle for the Singapore drinks and property conglomerate in a
deal worth around S$ 13.8 billion ($ 11.24 billion).
Meanwhile, Starwood Hotels & Resorts Worldwide received an unsolicited
takeover proposal from a group of investors
led by Anbang Insurance Group Co., potentially upending a
deal with Marriott International that would create the world's largest hotel operator.
Allen & Overy (A&O) and Debevoise & Plimpton are among a raft of law firms
leading on the $ 9bn (# 5.7 bn) public
takeover offer of Orascom Construction Industries (OCI), in a
deal backed by Microsoft co-founder Bill Gates.
Linklaters and Paul Weiss Rifkind Wharton & Garrison have taken the
lead roles on Kraft Heinz's multibillion - dollar bid for Unilever, a
deal that has been called off after the US food company withdrew its
takeover offer.
Gavin
led the Herbert Smith team that won a Financial Times Innovative Lawyers award in 2009 for devising the contingent value right structure for the public
takeover by EDF of British Energy, and in 2016 for the «Fair
Deal Sierra Leone» corporate social responsibility programme.
«The
deal is the latest in a string of public
takeover transactions for the Carey Olsen M&A team this year and also demonstrates the firm's market
leading expertise in advising listed resources companies registered offshore.»
Europe's top 10
deals during 2016 — topped by Qualcomm's $ 46bn (# 37bn)
takeover of Netherlands tech company NXP Semiconductors (see full list below)-- handed 11
lead roles to US firms, including two each for Simpson Thacher & Bartlett and Skadden Arps Slate Meagher & Flom.