Bell Gully collects Deal Team of the Year Award

Bell Gully collects New Zealand Deal Team of the Year Award

Bell Gully's work on the country's significant deals of 2008 saw its corporate practice named the New Zealand Deal Team of the Year at Australasia's premier legal awards last night.

Corporate partners Phil Taylor and Torrin Crowther were at the ALB Australasian Awards in Sydney to receive the award on behalf of the firm.
Bell Gully's corporate team has previously won the title but it is particularly significant and valued given the market decline in merger and acquisitions experienced in 2008 compared with previous years.

Despite this, Bell Gully acknowledges its local and offshore clients for providing opportunities to work alongside them on many of the most significant and innovative deals that did go ahead in 2008.

Among them was advising Cheung Kong Infrastructure in its successful bid to purchase Vector's Wellington electricity network and acting as New Zealand counsel on Contact Energy's and Origin Energy's acquisition of Swift Energy's New Zealand assets.

The corporate team was also involved in the first investment into New Zealand by associates of the Abu Dhabi Investment Authority, the world's largest sovereign wealth fund, and advised on two of the largest sales transactions - Danone Asia's sale of the Frucor Group, owner of the V energy drink brand, to Suntory Limited and Babcock & Brown Infrastructure's sale of part of its interest in New Zealand's second largest power and gas utility, Powerco, to Queensland Investment Corporation.

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