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

Top young stars of Australia's legal profession for 2024 unveiled

Wave of law firm mergers sweeps across the UK despite declining firm numbers

US Justice Department flags Kirkland & Ellis' potential conflict of interest in a bankruptcy case

US Supreme Court permits Idaho to enforce gender-affirming care ban for minors

W+K debuts aviation practice with Clyde & Co lawyer

SA court upholds South Australia's claim on parliamentary privilege and public interest immunity

Most Read Articles

Top young stars of Australia's legal profession for 2024 unveiled

Promotions round beefs up Clyde & Co's Australia partnership

Allens welcomes five new partners

Tech and IP stars join up with Allen & Overy