03 04 2016

TIO Limited on its takeover bid for Flinders Mines Limited

Herbert Smith Freehills is advising TIO Limited, a wholly-owned subsidiary of The Todd Corporation Limited on its unconditional all-cash takeover bid for Flinders Mines Limited, which values Flinders at approximately A$38 million.


Todd Corporation is one of New Zealand’s largest companies and has interests in oil and gas exploration and production, minerals, electricity generation, energy retailing, property development, healthcare, technology and wine. The deal is being led by Herbert Smith Freehills partners Stephen Dobbs and Andrew Rich and supported by senior associate John Natal and solicitors Philip Cooper and Joshua Santilli. Involved fees earner: Stephen Dobbs - Herbert Smith Freehills; Andrew Rich - Herbert Smith Freehills; John Natal - Herbert Smith Freehills; Philip Cooper - Herbert Smith Freehills; Joshua Santilli - Herbert Smith Freehills;

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