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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, takeovers, capital and debt raisings, corporate governance, joint ventures, tenders, underwritings and venture capital. He also has an extensive commercial practice, advising on government projects and corporate and commercial issues generally.
His long standing clients include: Singapore Power, SP AusNet, SMEC Holdings Limited, McAleese Transport Group, Warrnambool Cheese and Butter Factory Company Holdings Limited, Symex Holdings Limited, Dental Corporation Holdings Limited, Dominion Hotel Group, Tandou Limited and RBS 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.