Clarendons acts on two major transactions

The Clarendons team lent its expertise in the acquisition of a cheque-processing giant and the sale of an airport transfer business

Clarendons acts on two major transactions
Clarendon Lawyers has acted on two major transactions.

The firm advised NYSE-listed Genpact Limited on its acquisition of Nasdaq-listed Fiserv’s Australian-based item processing business, which serves three of the four major retail banks in the country. The business handles about 100 million cheques annually, or approximately 70% of all cheques processed in the Australian market. Financial terms of the deal were not disclosed.

The Clarendons team on the Genpact-Fiserv deal was led by managing director Tony Symons and director Nick Golding.

Clarendons also advised The Sita Group on the sale of its Avalon Airport Transfers business to Australasian airport transfer operator SkyBus. The Avalon business provides airport transfers between Avalon Airport and the Melbourne CBD. Financial terms of the deal were not disclosed. The team that acted on the deal was also led by Symons.

Related stories:
Aussie firms advise on Texas company’s acquisition of Aquenta
Global firm welcomes partner back to the fold

Recent articles & video

ACT Bar Association welcomes new president

Western Australia district court welcomes new judge Mark Ritter

Marque Lawyers partner: 'I want to bring humanity back to the law'

Onboard data company Shift5 appoints inaugural general counsel

Canadian legaltech firm signs up seasoned vet for Australian debut

Federal Court rules registrar can reject ‘abuse of process, frivolous, and vexatious’ applications

Most Read Articles

HSF wins landmark case for insurance company

New CEO steps up at KCL Law

K&L Gates nabs HWL Ebsworth team

W+K expands Adelaide office with six new lawyers