find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Top deals of the month revealed

Top deals of the month revealed

The New Lawyer reveals the top deals announced, and which law firms worked on them, in January

TWO leading Canadian business and litigation law firms worked on one of the largest Australian deals in January, new statistics released to The New Lawyer by Mergermarket reveals. 

In a monthly rundown of the biggest Australian deals of the month, Mergermarket figures (see page 2) reveal that law firms Fraser Milner Casgrain and Fasken Martineau worked on the biggest deal of January, based on deal value. 

The deal, in which BHP Billiton Canada agreed to pay AUD$312 million to acquire fertiliser company Athabasca Potash, was by far the largest in January. 

Clifford Chance and Baker & McKenzie advised on the second largest deal, valued at $136 million. The deal involved Australia's biggest private-hospital operator, Ramsay Health Care, which pushed into the European market with its bid for a majority stake in French operator Groupe Proclif, which runs nine hospitals in the Paris region. 

Freehills and New Zealand law firm Russell McVeaugh worked on the third largest deal of the month, with Auckland International Airport's purchase of a 24.6 per cent stake in North Queensland Airports from Westpac Bank. The $133 million deal was a result of a New Zealand effort to lift its market share after it had performed badly against Australia in gaining a share of Asian tourism. 

Advising on the next largest deal was Veirano Advogados and Lilla, Huck, Otranto, Camargo e Massina, when engineering group Worley Parsons reached an agreement to acquire CNEC Engenharia, the engineering and construction division of Brazilian conglomorate Camargo Correa for about AUD$107 million. 

At the time, CNEC president, Jose Ayres de Campos, said that joining with WorleyParsons would enable the company to grow geographically, while adding to its technical areas of expertise. 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Top deals of the month revealed
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
LCA president Fiona McLeod SC
Aug 17 2017
Where social fault lines meet the justice gap in Aus
After just returning from a tour of the Northern Territory, LCA president Fiona McLeod SC speaks wit...
Marriage equality flag
Aug 17 2017
ALHR backs High Court challenge to marriage equality postal vote
Australian Lawyers for Human Rights (ALHR) has voiced its support for a constitutional challenge to ...
Give advice
Aug 17 2017
A-G issues advice on judiciary’s public presence
Commonwealth Attorney-General George Brandis QC has offered his advice on the public presence of jud...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...