find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Freehills and Clutz help Lend Lease expand

Freehills and Clutz help Lend Lease expand

Lend Lease has purchased Valemus, the Australian arm of the German construction giant Bilfinger Berger, for just over $1 billion.Freehills advised Lend Lease, with Justin O'Farrell and Mark…

Lend Lease has purchased Valemus, the Australian arm of the German construction giant Bilfinger Berger, for just over $1 billion.

Freehills advised Lend Lease, with Justin O'Farrell and Mark Crean leading the team.

Clayton Utz acted for Valemus, with Stuart Byrne, the head of the firm's equity capital markets team, Simon Truskett and David Landy involved.

"This deal is a fantastic one for lend Lease," O'Farrell from Freehills said. "This makes it Australia's second largest construction outfit and plugs a significant gap in Lend Lease's infrastructure capability."

Final approval for the deal will be decided by Australian regulatory bodies.

This deal brings some good news for Clayton Utz in its dealings with Valemus, whose chairman is the former NSW Premier, Nick Greiner, as its planned $1.3 billion float was canned earlier this year.

Stuart Byrne also led the firm's team on that proposed transaction, which included up to 18 partners.

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

Freehills and Clutz help Lend Lease expand
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Papua New Guinea flag
06:04
World-first mining case launched in PNG
Citizens of Papua New Guinea have launched landmark legal proceedings against the country’s govern...
06:03
Punishing offenders twice pointless, politicians warned
The president of the Law Society of NSW has warned legislators from other states about adopting cont...
Dec 13 2017
Young humanitarian lawyer California-bound
A young Australian lawyer will be travelling to the US next year for a prestigious nine-month study ...
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 & ...