NEWS

Allens tops deal value in Australasia

By Guy Alexander
Energy Infrastructure & Transport Mergers & Acquisitions

Allens has been ranked number one for deal value in Australasia in the Mergermarket M&A league tables for the first half of 2017.

Allens acted on transactions with a value of more than US$20.5 billion during the period, with some of the largest including the partial 99-year lease of Endeavour Energy's NSW electricity distribution network, DUET's response to a consortium proposal led by CKI to acquire DUET for $7.4 billion, and Australian Registry Investments' successful $2.6 billion bid to operate the land titling and registry operations of New South Wales Land and Property Information.

'We are pleased to have worked on a number of large and complex transactions in the first half of this year,' said Guy Alexander, head of Allens' corporate practice.

'The deals on which we have worked are representative of the market's strong interest in infrastructure and energy, and build on our extensive experience in these areas.

'We feel privileged that our clients entrust us with some of their most significant matters, and we pride ourselves on working with them to deliver the best possible outcomes for their businesses,' Guy said.

It's been a successful year for Allens' M&A team, which won Australian Deal Team of the Year in the Australasian Law Awards and ranked first on value for announced and completed deals for 2016 (January to December) in the Thomson Reuters Australia and New Zealand rankings.

Ends

Notes for editors.

Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.