Allens Arthur Robinson leads the Thomson M&A adviser tables
3 July 2008
Allens Arthur Robinson (Allens) has dominated the announced Australasian mergers and acquisitions market for the first half of 2008, according to the Thomson Reuter's M&A Legal Advisor Review released today.
According to Thomson Financial, Allens has advised the principal players on 40 announced deals in Australia/New Zealand in 2008, at a total value of US$30.53 billion to be the top-ranked firm for announced transactions in the Australian and New Zealand rankings. Allens was also the top-ranked Australian firm in the worldwide rankings for announced transactions, with 54 deals at a total value of US$46.44 billion, and the second-ranked Australian firm for announced transactions in Asia ex Japan.
Allens led the Thomson M&A announced adviser tables in 2007 and has again started 2008 advising on some of the year's most significant transactions, including acting for:
- Rio Tinto on its response to BHP Billiton's US$192 billion pre-conditional offers;
- St.George Bank on the A$67 billion merger proposal from Westpac;
- Zinifex on the successful A$12 billion merger with Oxiana;
- Dyno Nobel on its $3.3 billion merger with Incitec Pivot;
- MBF on its A$2.41 billion merger with BUPA;
- Xstrata on its proposed merger with Indophil Resources; and
- BAE Systems on its acquisition of Tenix.
Allens involvement in these deals highlights the firm's standing as a leading strategic M&A adviser on a global basis. Co-head of Allens' M&A practice, Ewen Crouch, said: 'It has been fantastic to have been involved in major transactions across a number of markets as well as to have the breadth of partners involved. In particular, it has been extremely pleasing to have many of our young guns play pivotal role on these deals, including Richard Spurio, Kylie Brown, Victoria Poole, Tom Story and newly appointed Brisbane partner Chelsey Evans. This makes for an exciting future for our practice.'
Mr Crouch said he expected the remainder of 2008 to continue to be a busy one for Allens' involvement in M&A activity.
Ends
Notes for editors.
Allens Arthur Robinson has staff in 14 cities and eight countries across the Asia Pacific.
