Merger Control

Financial services

• Worldpay: Local competition counsel for Worldpay in its $24.5 billion acquisition by Global Payments.

• Omnicom: Local competition counsel for Omnicom in securing ACCC clearance for its USD $13.25 billion acquisition of Interpublic Group (IPG).

• Flutter Entertainment PLC: Local competition counsel for Flutter Entertainment PLC based in Dublin and its Australian subsidiary, Sportsbet, on a digital wagering merger with Canadian based The Stars Group (Star), unconditionally cleared without detailed review.

• London Stock Exchange Group plc: Local competition counsel for London Stock Exchange Group plc in securing ACCC clearance of its proposed acquisition of Refinitiv Parent Limited for a total enterprise value of approximately USD$27 billion, unconditionally cleared by the ACCC following a public review process.

• Arthur J. Gallagher & Co: Local competition counsel to Arthur J. Gallagher & Co on its proposed acquisition of certain Australian assets as part of the remedies package offered by Aon/Willis Towers to obtain global merger approvals.

Technology, Digital & Software

• Wiz: Acting for Wiz in Google's US$32 billion acquisition of Wiz, a transaction that involved navigating complex global competition issues across multiple jurisdictions.

• Figma: Local competition counsel for Figma in relation to Adobe's USD20 billion acquisition of Figma, unconditionally cleared by the ACCC with no public review.

• Infosys: Local counsel advising on multinational IT company Infosys (NSE: INFY) on its acquisition of The Missing Link, a cybersecurity, cloud and IT company.

• AMD: Local counsel for AMD in securing ACCC clearance for its USD $4.9 billion acquisition of ZT Systems, a strategic move to enhance AMD’s data centre AI systems capabilities.

• Nuance Communications: Local competition counsel for ACCC clearance of transcription software company Nuance Communications Inc US$19.7 billion sale to Microsoft, unconditionally cleared by the ACCC following a public review process.

• Singtel Optus: Singtel Optus on its acquisition of the mobile virtual network operator business of Amaysim Australia, unconditionally cleared by the ACCC with no public review.

• CyberArk: Local counsel for CyberArk, global leader in identity security, in its US$25M sale to Palo Alto Networks, global cybersecurity leader.

• Slack Technologies: Local competition counsel for Slack Technologies on its merger with Salesforce, with a total enterprise value of US$27.9 billion, unconditionally cleared by the ACCC following a public review process.

• Advances Micro Devices Inc: Local competition counsel for semiconductor designer Advanced Micro Devices Inc on its purchase of Xilinx Inc valued at about US$50 billion, unconditionally cleared by ACCC with no public review.

• Cerner Corporation: Local competition counsel for Cerner Corporation in its US$28.3 billion sale to Oracle, cleared by the ACCC with no public review.

• Amphenol Corporation: Local counsel for Amphenol Corporation in its USD$10 billion acquisition of CommScope's Connectivity and Cable Solutions business.

• Dye & Durham: Phase 2 ACCC clearance with remedies of Canadian software and technology company Dye & Durham's proposed takeover of ASX listed Link Administration Holdings Limited, one of the biggest deals in Australia in 2022.

• Elluican: Local competition counsel for Elluican's takeover of Tribal, unconditionally cleared by the ACCC with no public review. Ellucian is owned by funds managed by Blackstone and Vista Equity Partners.

• Permira and Warburg Pincus: Local counsel for Permira and Warburg Pincus in their A$8.4 billion acquisition of Clearwater Analytics (wavier under new regime).

Infrastructure, Transport & Energy

• Wallenius Wilhelmsen (WW): Competition counsel for WW securing ACCC clearance with remedies of the sale of Melbourne International RoRo & Auto terminal to Qube.

• MIRRAT: Acting for MIRRAT (a Wallenius Wilhelmsen subsidiary) in securing ACCC clearance for Qube's acquisition, including remedies.

• Subsea7: Local counsel for Subsea7 in its US$4.7 billion merger with Saipem (in pre-negotiation engagement).

• Vossloh AG: ACCC clearance of acquisition by Vossloh AG, a German rail technology company, of its acquisition of Austrak, a fully owned subsidiary of Laing O'Rourke, following a public review process.

• NSC Australia: Acting for NSC Australia on it’s A$900 million acquisition of Coregas from Wesfarmers.

Mining and Manufacturing

• Nippon Steel Corporation: Advised on competition law aspects of its US$720 million acquisition of a 20% interest in the Blackwater mine and a US$1.36 billion joint venture with BlueScope Steel to form NS BlueScope.

• Apollo and Tega: Local counsel for Apollo and Tega in the US$1.45 billion acquisition of Molycop.

• Michelin: Advising Michelin on its acquisition of Flexitallic, including securing a wavier under the new competition regime.

• Thyssenkrupp: Local competition counsel for Thyssenkrupp on its sale of its Mining Technologies business unit to Danish company FLSmidth, unconditionally cleared by the ACCC with no public review.

• BASF SE: Local counsel for BASF SE, a German publicly listed chemical company, securing ACCC approval of the Carlyle Group Inc's acquisition of sole control of BASF’s Coatings division, one of the first acquisitions approved by the ACCC under the new mandatory merger control regime.

• Gebr Knauf AG: Local competition counsel for Gebr Knauf AG on a series of divestment transactions following ACCC clearance of its USD$7 billion acquisition of American building products producer USG Corporation (USG) and acquisition of Armstrong World Industries.

• Cinven: Local competition counsel to Cinven (private equity) to displace the trade purchaser announced as the acquirer of the chemical admixtures and construction chemicals divestiture assets which were the remedy offered by Sika to complete its EUR5.3bn acquisition of MBCC.

Consumer & Retail

• Mérieux NutriSciences: Secured unconditional phase 1 merger clearance for the Australian aspects of its €360 million acquisition of a 51% stake in Bureau Veritas' global food testing business.

• Suzano: Acting for Suzano in Brazil on its proposed acquisition of a 51% stake in Kimberly Clark international to form a US$3.4 billion joint venture.

• Anta Sports: Acting for Anta Sports Products Limited, the Seller is Artémis SAS, and the Target is a strategic shareholding in Puma SE, the 29% stake is valued at EUR €1.5 billion in cash.

• Tapestry Inc: Local competition counsel for Tapestry Inc. (NYSE: TPR), in relation to its acquisition of Capri Holdings Limited (NYSE: CPRI) for a total enterprise value of approximately $8.5 billion, unconditionally cleared by the ACCC with no public review.