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Major Transactions
We have recently advised major clients on the following selected significant transactions:

 

AGL

AGL merger and spin-off. G&F acted as taxation advisor to AGL on the scheme of arrangement to merge with Alinta and the subsequent spin off of AGL Energy.

 

Centro Property Group

Sale of selected Centro property assets. G&F is advising Centro Properties on the vendor due diligence process (up to $1 billion).

 

Challenger

Acquisition. G&F advised Challenger on its acquisition of Metlife's annuity book ($2 billion).

 

Coles Group

Wesfarmers' takeover of Coles. G&F acted for the Coles Group, including the ruling application ($21 billion).

 

Commonwealth Bank of Australia

Structuring advice. G&F advised the bank on the restructure of its 50% interest in Equigroup (formerly Computer Fleet).

 

Gunns Limited

Acquisition. G&F advised Gunns on its acquisition of Auspine.

 

Macquarie Group

Non-Operating Holding Company (NOHC) Restructure. G&F advised the bank in a 'scrip for scrip' restructure of the Macquarie Group.  Macquarie Group Limited (MGL), a wholly owned subsidiary of Macquarie Bank Limited (MBL), acquired all of the issued ordinary MBL shares and, in exchange, issued MGL ordinary shares ($16 billion).

 

Macquarie Group led consortium

Acquisition of Hobart Airport operator. G&F advised the Macquarie Group on the structuring of the acquisition of 100% of shares in the operator of Hobart Airport ($350m).

 

National Australia Bank

Acquisition of fund manager. G&F advised NAB in relation to its acquisition and investment in Pengana, a specialist fund manager.

 

Suncorp-Metway Limited

Share issue advice. G&F advised Suncorp on the recent issue of convertible preference shares (CPS) ($400m).

 

Tenix

Business asset sale. G&F advised Tenix on the sale of its defence and infrastructure businesses via a tender process and obtained a tax ruling on the potential application of the loss integrity rules ($750m for the defence business assets).

 

Tiger Airways

Aircraft fleet financing. G&F advised Tiger Air on the financing of its fleet of aircraft for the launch of Tiger's Australian operations.

 

Zinifex Limited

Director equity advice. G&F advised Zinifex of the director and executive equity aspects of its merger with Oxiana.

 

 

Last updated, May 2008.