Baker McKenzie acted for the joint lead managers and underwriters of Link Group's AUD$883 million entitlement offer, which was announced to the market on 26 June 2017. The proceeds of the entitlement offer will be used to assist in funding Link Group's ~ AUD$1.5 billion acquisition of Capita Asset Services (CAS).
Link Group administers financial ownership data and drives user engagement, analysis and insight through technology.
CAS provides a platform for a broad range of financial and administrative services across Europe and the United Kingdom.
Baker McKenzie lead partner on the transaction, Lauren Magraith stated: "We were delighted to act for our clients on such a considerable capital raising, and to assist in the successful execution of an acquisition that presents a significant opportunity for Link Group to pursue the next stage of its growth strategy."
Lauren was assisted by a team comprising: Hoda Nahlous, Ivo Basoski and Matthew De Cataldo.
J.P. Morgan was also acting as financial adviser to Link Group in respect of the acquisition and was the sole global coordinator for the equity raising.
Baker McKenzie's ECM team is currently the #1 ECM legal team in the Australian market (for both issuers and lead managers), according to Thomson Reuters 2016.