Deals 9 April 2004
Baker & McKenzie was the primary adviser to Duke Energy on the largest M&A deal so far this year — Duke Energy’s sale of its Australasian assets. Bakers negotiated the entire
Baker & McKenzie was the primary adviser to Duke Energy on the largest M&A deal so far this year — Duke Energy’s sale of its Australasian assets. Bakers negotiated the entire process in the trade sale involving three gas pipelines, three gas fired power stations in Australia, and one gas fired power station in NZ. Up to 30 lawyers were involved, led by partners Chris Saxon, David Holland and John Balazs. Saxon said the sale process was a “standout compared with recent exits” as it was signed in less than five months.
Pillsbury Winthrop represented Telesystem International Wireless Inc. in a combined treasury and secondary registered public offering of US$200 ($266.8) million of common shares in the US and Canada. Telesystem International Wireless Inc. provides wireless voice and data on GSM networks in Central and Eastern Europe. The transaction closed on 25 March.