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
Corporate Lawyer
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· 12 months fixed term opportunity
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Clayton Utz plays Mayne role

Clayton Utz plays Mayne role

Clayton Utz was the legal adviser for Mayne Group Limited on its recently completed $1.8 billion demerger, which involved separate Australian listings of its global injectable pharmaceutical…

Clayton Utz was the legal adviser for Mayne Group Limited on its recently completed $1.8 billion demerger, which involved separate Australian listings of its global injectable pharmaceutical business, Mayne Pharma Limited, and its domestic healthcare business, now called Symbion Health Limited.

Rod Halstead, national M&A head, led the Clayton Utz team, which included partners Stuart Byrne, Karen Evans-Cullen, Jonathon Swain and Fred Prickett, and special counsel Kate Oliver. The demerger was completed with a capital reduction and scheme of arrangement, with existing shareholders receiving a one for one issue of new shares in Mayne Pharma Limited.

Halstead said while the demerger marked the end of an era for Mayne Group, it presented an exciting future for Mayne Pharma and Symbion Health as independent businesses. Mayne Pharma is focused on the research and development, manufacture, marketing and distribution of injectable generic and specialty pharmaceuticals internationally. Symbion Health is a health business with a domestic focus and market leading positions in pathology, diagnostic imaging, pharmacy and health-related consumer products.

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

Clayton Utz plays Mayne role
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by The way we do business, where we work, how we engage with workers, even how we take a...
APPOINTMENTS
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'...
opinion
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...
Help
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 & ...