News
2001 - Vintage year for Bell Gully Corporate Lawyers
Bell Gully advised on 6 out of the top 10 deals for 2001 as ranked by research group Thomson Financial.
Deals on which Bell Gully's Corporate Department advised include:
- Edison Mission Energy's $1.34 billion bid for Contact Energy.
- The $1.24 billion separation of Fletcher Building.
- Allied Domecq's and Lion's prolonged $1.13 billion battle for Montana.
- The split of Fisher & Paykel into separate appliances and healthcare companies, valued at $1.07 billion and $952 million respectively.
- The Government's $885 million capital restructure of Air New Zealand.
According to Andrew Brown, Partner and Corporate Department Leader:
"Bell Gully's corporate team had an especially strong year. Of particular significance were the major restructuring projects we undertook involving some of New Zealand's oldest and most respected companies - including Fletcher Challenge, Fisher & Paykel and Air New Zealand.
In addition, we also advised on the two most high profile M&A transactions in New Zealand in the last year: as solicitors to Montana in the highly contested takeover battle for that company and the various stages of Edison Mission's acquisition of Contact Energy.
We are proud of the major role we have played in assisting our clients complete these significant transactions."
