Matheson has won five awards in Finance Dublin's Deals of the Year Awards 2014. The awards were given for transactions involving a broad cross-section of Matheson's practice areas, including corporate, investment funds and asset management, tax and structured finance.
Liam Quirke, Managing Partner at Matheson, said, "These awards are a further testament to our firm's pre-eminent capability in financial services and international corporate transactions. Our relentless focus on identifying and serving the Irish legal needs of international companies and financial institutions doing business in and through Ireland means that we can provide such companies with a legal offering which is unrivalled in Ireland. I congratulate my many colleagues for their outstanding and often innovative work on these five award-winning deals."
Matheson partners pictured left to right: Christian Donagh, Head of Derivatives, Éanna Mellett, Corporate, Tim Scanlon, Head of the Financial Institutions Group and George Brady, Corporate.
The award-winning deals Matheson advised on are:
The 1.3 billion Sale of Irish Life to Great-West Lifeco
Matheson advised the Irish Minister for Finance on the 1.3 billion sale of the country's biggest life and pensions provider Irish Life to Canada Life's parent, Great-West Lifeco. Tim Scanlon, head of Matheson's Financial Institutions Group, said, "The sale, which has been described as a 'historic transaction' by the Minister for Finance Michael Noonan, demonstrates increasing confidence among international investors about investing in Ireland."
Éanna Mellett, a partner in Matheson's Corporate Department, said, "This deal was unique in that it was the first time a State owned financial institution was returned fully to private ownership since the beginning of the financial crisis."
Actavis' $8.5 billion acquisition of Warner Chilcott
Matheson advised the US pharmaceutical firm Actavis on its $8.5 billion acquisition of Dublin-based Warner Chilcott, which completed on 1 October 2013. The Matheson team was led by Patrick Spicer, George Brady, Pat English and Fergus Bolster with tax advice from John Ryan and Shane Hogan.
Patrick Spicer said: "This was not only the largest M&A transaction to take place in Ireland in 2013, but it was also one of the top-10 European deals of the year. The $8.5 billion deal involved the creation of an Irish company, Actavis plc, which is listed on the New York Stock Exchange and is a leading global...