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Picture perfect sale

Clayton Utz and Ashurst have advised on the sale of Salmat’s Business Process Outsourcing division to Japan's FUJIFILM Holdings Corporation.

user icon Digital 29 August 2012 Big Law
Picture perfect sale
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Firms:  Clayton Utz (Salmat Limited), Ashurst (FUJIFILM Holdings)

Deal: Sale of Salmat’s Business Process Outsourcing (BPO) division to Japan's FUJIFILM Holdings Corporation (Fujifilm Holdings)

Area: Corporate; M&A

Value: $375 million

Key players: Corporate advisory/M&A partner Geoff Hoffman (pictured) is leading the multi-disciplinary Clayton Utz team advising on the transaction, with support from senior associate Patricia Paton

Deal significance: The transaction was announced to the market on Monday (August 27). Salmat is Australia's leading omni-channel communications partner. The sale, which remains subject to FIRB approval, is expected to complete in mid-October.

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