Deal: Australian law firm Hall & Wilcox has advised APN Property Group (ASX: APD) on its successful restructure to form a stapled group. 

The transaction involved the establishment of a new registered scheme and the stapling of ordinary shares in APN Property Group to the new scheme to form a stapled group.

Value: Undisclosed. 

Area: Corporate restructuring.

Key players: The Hall & Wilcox team, led by lawyers Vanessa Murphy and James Fisher with partner James Morvell, advised APN Property Group on all aspects of the stapling transaction. The cross-practice team also comprised partners Eugene Chen and Mark Inston, senior associate Jeanette Lui and lawyer William Francis.

Deal significance: Advising on the transaction required extensive expertise and navigation of the complex regulatory matters applying to financial services licensees and listed stapled entities, and required close collaboration of the various lawyers involved in the deal.

Mr Morvell said the Hall & Wilcox team was delighted to have assisted APN Property Group in achieving this significant milestone.

VIEW ALL

“Our firm has a long history of working with APN Property Group,” Mr Morvell said. 

“We’re thrilled to have had the opportunity to assist with this important transaction, which positions APN to take advantage of opportunities for growth and enable investors to benefit from a superior operating structure.

"Deloitte acted as tax advisers to the transaction and the Hall & Wilcox team enjoyed working closely with the Deloitte and APN teams from beginning to end.”