Penny Pasley

^{The Legal 500 Asia Pacific 2025 Competition, 'Leading associate'.}

ASB Bank

Advising ASB Bank on the Commerce Commission's market study into personal banking services.

Ampol's acquisition of Z Energy

Advising Ampol Limited on obtaining Commerce Commission clearance for its NZ$1.96bn acquisition of Z Energy, supported by a divestment undertaking in relation to the sale of Ampol's Gull business.

Cartel and market conduct investigations

Acting on various Commerce Commission investigations into alleged cartel and other market behaviour conduct, including advising large international companies in relation to a Commerce Commission investigation into potential resale price maintenance, and an investigation into alleged cartel conduct and an associated successful application for leniency.

Acquisition of the MBCC Group by Sika AG

Advising Sika AG on the regulatory requirements of its acquisition of MBCC Group. This matter was cleared by the Commerce Commission subject to a complex global divestment.

Mylan N.V. merger with Upjohn

Advised Mylan N.V. on obtaining competition clearance for their merger with Upjohn Inc (a wholly owned subsidiary of Pfizer Inc), a transaction which included a payment of NZ$12bn to Pfizer as partial consideration for Upjohn.

Overseas Investment Office approval

Advised Ontario Teachers' Pension Plan on obtaining Overseas Investment Office approval to acquire 50% of New Zealand pathology business, Asia Pacific Healthcare Group, alongside the NZ Super Fund, a sale valued at more than NZ$550m.

Covid-19 related notification regime

Assisting various clients to obtain a direction order for their transaction under New Zealand's emergency temporary Covid-19 related notification regime.

Proposed Sainsbury and Asda merger

Advised Supermarket chain, J Sainsbury plc, on its proposed £12bn merger with one its competitors, Asda, in the UK, including a successful judicial review to the Competition Appeals Tribunal on a matter of process.

BOC competition matters

Advised BOC (part of the Linde Group), on competition matters relating to the UK, EU, Ireland and Africa on secondment to their UK office.

Amec Foster Wheeler plc on its acquisition by John Wood Group plc

Advised Amec Foster Wheeler plc on its acquisition by John Wood Group plc, which included anti-trust filings in the UK, Australia, Bulgaria, Canada, Colombia, Kazakhstan, Mexico, Philippines, Poland, Russia, South Africa, Turkey and USA.