Two multibillion dollar transactions have hit the headlines, with Bell Gully at the heart of both.
Our team led by partners James Gibson and Anna Buchly advised Vodafone Group Plc on its sale of Vodafone New Zealand Limited to a consortium of Infratil and Brookfield Asset Management Limited for NZD$3.4 billion, making it one of the largest New Zealand M&A transactions on record.
"Advising major international players on large-scale New Zealand M&A really tests the depth and breadth of a firm, as clients are often looking for an all-encompassing, round the clock, service. These are sophisticated users of professional services firms – you need to be able to "cut to the chase" and make top quality expertise and support across all legal disciplines available over extended periods," James said.
"As well as this you need the experience and resources to manage large teams of lawyers and external providers towards the targeted outcomes. Bell Gully often plays this role for large corporate and financial sponsor clients, and, accordingly has the expertise and experience to deliver on these clients' expectations."
Bell Gully's position as the "go-to" firm for major NZ M&A is further endorsed by the Bell Gully team, also led by James and Anna, advising Apax Partners LLP on its NZD$2.56 billion takeover of Trade Me - the largest takeover undertaken to date in NZ via scheme of arrangement.
(Bell Gully notes that King & Wood Mallesons and Kirkland & Ellis also assisted Apax on this transaction.)