11 July – LAWFUEL – The Law News Network – Freehills continues to dominate Australia’s M&A sector in 2005, as evidenced today by the release of the Thomson Financial M&A League Tables.
After topping the full year tables in 2004, Freehills has again dominated its competitors with a clean sweep of the January to June 2005 tables released this morning. The latest tables show that Freehills acted on the highest value of transactions in Australia and New Zealand and acted on more announced and completed deals than any other law firm.
Freehills has consistently performed strongly in the M&A market and since the inception of the tables in 1997 has acted on more M&A deals than any other Australian law firm, demonstrating the market’s confidence in Freehills.
According to Freehills’ head of Corporate, Mark Crean, ‘Although there has been some softening in M&A activity, we are pleased with this strong result. In particular, we have seen a continuation of activity in the infrastructure, manufacturing and listed property trust sectors.
‘We’re very pleased the Thomson tables confirm our position as Australia’s leading M&A law firm. These results reflect the sheer depth and quality of talent in the Freehills’ M&A team and our dedication to achieving the best results for our clients. We look forward to doing more of the same for the remainder of 2005’, said Mark.
Freehills acted on many of the landmark deals that have taken place to date this year, including Transurban’s takeover of Hills Motorway, San Miguel’s takeover of National Foods, Metcash’s bid for Foodland and Industry Fund Management’s bid for Pacific Hydro. Freehills is also legal adviser to the Australian Government on the Telstra 3 scoping study.