Herbert Smith Freehills is pleased to have advised ASX-listed BINGO Industries on its successful A$2.3 billion acquisition by an entity controlled by Macquarie Infrastructure and Real Assets and its managed funds (MIRA) by way of scheme of arrangement.
BINGO Industries is a leading waste management company that provides end-to-end solutions across the resource management supply chain including collection, processing and recovery, disposal and waste equipment manufacturing.
The team worked closely with the BINGO Industries core deal team, including Chris Jeffrey, Stephen Schmidhofer, Brendan Martin and Tara Osborne.
Tony Damian said, “This is an important deal. The Herbert Smith Freehills’ team is proud to have been a part of it, alongside our valued client BINGO Industries”.
This deal is another example of Herbert Smith Freehills’ market-leading work in public M&A. Other examples in 2021 include advising Coca-Cola Amatil Limited on its acquisition by CCEP by way of scheme valuing Amatil at A$11.1 billion (EV), Boral Limited in its response to the A$8.5 billion takeover offer by SGH, Santos on its proposed A$21 billion merger with Oil Search and Sydney Aviation Alliance on its A$22 billion approach to Sydney Airport. Tony Damian has led for Herbert Smith Freehills on all of these deals and proposals.