SAI Global has entered an agreement to sell its Standards and Assurance Service business to Intertek Group. Firm: Clayton Utz Deal: Clayton Utz has advised SAI Global, a portfolio company of Baring Pr
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Clayton Utz advises Woolworths on strategic acquisition of majority stake in Quantium
Clayton Utz has advised Woolworths Group (Woolworths) on bringing The Quantium Group Holdings Pty Ltd (Quantium) into Woolworths’ ownership by moving to a majority stake in the business – reported as the single biggest investment in data analytics by an Australian retailer.
Led by Corporate partner Geoff Hoffman, a core Clayton Utz team comprising special counsel Sidney Tang and lawyers Megan Williams, Belinda Slack and Natasha Cutler (with technical input from IP & Technology, Workplace Relations and Financial Services lawyers), worked with Woolworths’ accounting and commercial advisers to structure the arrangements to increase Woolworths’ existing 47 per cent shareholding in Quantium to 75 per cent, for a purchase price of AUD$223 million.