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Khilen Devani

LLB (Hons), BCom

Partner - Brisbane

Areas of Expertise

Corporate & Commercial Law, Mergers and Acquisitions

Expertise

Khilen practices in corporate law, specialising in public and private mergers and acquisitions, equity capital raisings and corporate governance matters. He regularly advises clients on Corporations Act and ASX Listing Rules requirements, joint venture arrangements and shareholder disputes, initial public offers, corporate restructuring and refinancing and head office and governance issues. 

Khilen plays a pivotal role in complex corporate and commercial transactions. He provides advice on transaction structuring and strategy, the management of due diligence and leads the negotiation of transaction documents.

Khilen is recognised in The Best Lawyers in Australia 2021 and 2022 edition for Corporate Law and Mergers and Acquisition Law. 

Experience

Khilen’s experience includes the following:

Mergers and acquisitions

  • acting for Hydro International Pty Ltd in connection with the divestment of its manufacturing and distribution business
  • acting for All Industrial Network Limited (now SMW Group Limited) in connection with its A$50+ million acquisition of BAE Engineering and SMW Group and its subsequent back-door listing on NZX
  • advising Unitywater on it’s A$6 million acquisition of shares, and concurrent investment, in Pipe Management Australia Pty Ltd 
  • acting for the shareholders in the Voice Print and Data Group in connection with the A$14+ million divestment of the Company to ASX listed entity, Spirit Technology Solutions Limited
  • acting for the shareholders of Striessen Holdings Pty Ltd (Adepto) in connection with the £15+ million divestment of the Company to Degreed, Inc.
  • advising Infinity Pharmacy Group in connection with its numerous acquisitions and divestments of pharmacy businesses, financing arrangements, property arrangements, litigation and corporate structuring
  • acting for the shareholders of Robert Bird Group Pty Ltd on the A$40+ million divestment to Surbana Jurong
  • acting for the shareholders of Digital Instinct Pty Ltd in connection with the A$40 million divestment of the Company to Kronos, Inc.
  • acting for the shareholders of Think Pharmacy Group on the divestment of several of its large pharmacy businesses
  • acting for MPS Pty Ltd on the $A18 million divestment of its medical packaging and distribution business to MPS Holdings, a subsidiary of Sigma Healthcare Limited
  • acting for the shareholders of Advanced Analytical Australia Pty Ltd in connection with the divestment of the Company to Symbio Laboratories Holdings Pty Ltd
  • advising the Queensland Government on the A$7.06 billion sale of Queensland Motorways to a consortium of investors, the largest ever transport infrastructure transaction in Australia
  • advising Queensland Investment Corporation on the A$400.6 million acquisition of the Moomba to Adelaide Pipeline System from the APA Group
  • advising the Queensland Government on the proposed privatisation of the industrial pipelines business conducted by SunWater 
  • advising Talbot Group on the proposed divestment of its various assets including its majority interest in Minas de Revuboe Limitada, a Mozambican company which owns the A$1.1 billion Revuboe Mining Project
  • advising Virgin Australia Holdings on the acquisition of a 60 per cent interest in Tiger Australia from Tiger Airways and on the acquisition of Skywest Airlines
  • advising Sime Darby Motors Australia on the A$80 million acquisition of the Brisbane and Westside BMW dealerships and associated property
  • acting for Fortis Group (India) in connection with its proportional takeover of, and subsequent acquisitions in, Dental Corporation Holdings Limited
  • advising LicenSys Group Pty Ltd on the divestment of its Australian, New Zealand and North American licence plate manufacturing business to Erich Utsch AG.


Capital markets

  • advising Locality Planning Energy Holdings Limited on its share purchase plan offer
  • acting for Glennon Small Companies Limited on the Company’s offer of resettable, redeemable, convertible preference shares
  • acting for Glennon Small Companies Limited on the Company’s bonus options and loyalty options offer
  • advising Infinity Pharmacy Group on a large refinancing project
  • acting for SG14 Pty Ltd on a corporate restructure, entry into a joint venture arrangement and capital raising
  • acting for the Queensland Government on the $A6.6 billion IPO of QR National Limited
  • advising Virgin Australia Holdings Limited on a placement of shares to Singapore Airlines that saw Singapore Airlines owning a 10 per cent interest in the Company
  • advising WestSide Corporation on a A$25 million capital raising by way of low-doc non-renounceable rights issue
  • advising NZX listed entity, Infratil Limited, on its dual listing on ASX
  • acting for Morgans as underwriter’s counsel on multiple capital raisings (including Shine Lawyers, Mitchell Services, GARDA Property Trust and Elders)
  • advising Avalon Minerals Limited on closing out a capital raising pursuant to the orders of the Takeovers Panel
  • advising a private entity on the proposed acquisition of a number of Australian freight forwarding and logistics businesses and the proposed IPO of the company
  • advising Hudson Food Group Limited on the proposed acquisition of a number of Australian food manufacturing and retail businesses and the proposed IPO of the company.

Upcoming Seminars