PwC Legal confirms role in major cross-border deal

Legal team worked alongside tax advisers to advise the target

PwC Legal confirms role in major cross-border deal

PwC Legal has confirmed its role in a major cross-border deal in the real estate investment and management sector.

The firm told Australasian Lawyer that it fielded its legal and tax advisers to advise LOGOS on the completion steps required for ARA Management’s acquisition of a majority stake in LOGOS. PwC Legal worked alongside Allens to complete the transaction.

Lander & Rogers and Allens earlier confirmed their roles in the deal.

Natalie Kurdian, PwC Legal corporate partner, took the lead on the completion and the internal funding steps required for the acquisition. She was supported by senior associates Matt Calabro and Shirley Tang, as well as lawyer Jess Dougan.

The PwC legal team’s work included coordinating and managing third parties across multiple jurisdictions. It said that the team “operated seamlessly side by side with Allens to support LOGOS on completion of this significant transaction.”

PwC’s tax team was headed by partner Nick Rogaris, who specialises in corporate income tax, and Rachel Cullen, who is an expert in stamp duty. They advised on matters related to Australian and foreign income tax, GST, and stamp duty considerations that arose from the majority-stake acquisition.

LOGOS has more than 5 million square metres of property owned and under development. Allens said that the completed value of the portfolio is SG$8.2bn across 17 ventures.

The deal was very complex. Lander & Rogers said that its work for the acquirer included due diligence that involved a target group of more than 200 entities spread across various jurisdictions.

Related stories

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Logie-Smith Lanyon bolsters team with new senior appointments

Macpherson Kelley expands reach with new corporate advisory service

Solicitor-turned-senior partner banned for incompetence in the UK

KHQ Lawyers lures 4-man team from HWL Ebsworth

DLA Piper helps recover millions misappropriated in massive Ponzi scheme

Simmons & Simmons boosts Singapore investment funds group with new team

Most Read Articles

Carroll & O’Dea Lawyers promotes 11

Allen & Overy advises on $6.1bn debt financing for Australian broadband giant

Cooper Grace Ward partner looks forward to more flexible work arrangements in the long term

KHQ Lawyers lures 4-man team from HWL Ebsworth