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Tim Watkin is widely recognised for his practice in all aspects of corporate and securities law. His practice spans the energy and resources, infrastructure and financial services industries, with specific experience in the chemicals, electricity, mining services, transport and logistics and water sectors.
Tim specialises in mergers and acquisitions, including takeovers and schemes of arrangement. Additionally Tim advises on complex joint ventures and shareholder arrangements including corporate governance issues. In addition to regulated mergers and acquisitions, Tim has particular expertise in trade sales and acquisitions.
His long standing clients include: Cordell Jigsaw Zapruder, Penske Truck Leasing, Hexion, SMEC Holdings Limited, Warrnambool Cheese and Butter Factory Company Holdings Limited, Pental Limited, Dental Corporation, Tandou Limited and Morgans.
Tim was named as a leading individual in both the 2003 and 2004 editions of Asia Pacific Legal 500 in the area of Corporate and Commercial/M&A.
Advised Warrnambool Cheese and Butter Factory Holdings Limited (WCB) in responding to competing takeover offers from Bega Cheese (hostile), Saputo (recommended) and Murray Goulburn (unsolicited). This was one of the most vigorous auctions for control in recent Australian Corporate history, with a total of 9 bids made by the three bidders. Saputo's winning bid valued Warrnambool at approximately A$530m.
Advised Dental Corporation Holdings Limited (Dental Corp) in relation to its A$500m acquisition by Bupa Health Pty Ltd by scheme of arrangement.
Advised ASX-listed Citadel Resource Group Limited, on the recommended A$1.25bn cash and scrip takeover offer from copper producer Equinox Minerals Limited. The deal combined Citadel's advanced Jabal Sayid copper and gold project in Saudi Arabia with Equinox's Lumwana copper project in Zambia to form a company with a potential 260,000 tonnes of copper production a year by 2015. The successful takeover launched the combined group into the mid-tier of global copper producers.