Jonathan Cooklin
  1. Partner

Mr. Cooklin is a partner in Davis Polk’s Tax Department, practicing in the London office. He concentrates on corporate tax and corporate tax planning, including tax aspects of corporate finance and private equity work, public and private mergers and acquisitions, demergers, joint ventures, reconstructions, equity and debt capital markets transactions, and cross-border transactions. He also has considerable experience of advising insurance groups and on restructuring of distressed groups.

He is a dual-qualified lawyer and chartered accountant.

Work Highlights

Public M&A

Recent work highlights include advising:

  • Comcast on its £22 billion takeover offer for Sky

  • Temenos on its £1.4 billion recommended cash offer for Fidessa

  • Technip on its $13 billion merger with FMC Technologies

  • Markit on its $13 billion merger with IHS

  • Dialog Semiconductor on its $4.6 billion aborted acquisition of Atmel

  • Dialog Semiconductor on it $5 billion proposed merger with AMS

  • The financial advisers to Verizon Communications on its $130 billion acquisition of Vodafone’s 45% interest in Verizon Wireless

Private M&A

Recent work highlights include advising:

  • Genuine Parts Company on its $2 billion acquisition of Alliance Automotive Group
  • A.P. Møller – Mærsk on its $7.5 billion disposal of Maersk Oil to Total
  • Natura on its €1 billion acquisition of The Body Shop from L’Oréal
  • MasterCard on its £700 million acquisition of a 92.4% stake in VocaLink Holdings
  • Verisk Analytics on its £1.85 billion acquisition of Wood MacKenzie from Hellman & Fredman and others and on its £250 million acquisition of Sequel from Hg Capital and others
  • Temenos on its €235 million acquisition of Multifords from Summit Partners and others
  • TeliaSonera on its $1.03 billion sale of its 60.4% ownership in Ncell to Axiata Group
  • Morgan Stanley on the sale of its Global Oil Merchanting Business
  • Antares Holdings, a Lloyds’ insurance company, on its sale by an affiliated investment fund of Lightyear Capital and others to Qatar Insurance Company
  • Aetna on its acquisition of InterGlobal from investors led by Alchemy Partners, ARM Holdings on its acquisition of Sensinode, and Lydall on its acquisition of Andrew Industries’ filtration business

Capital Markets 

Recent work highlights include advising issuers and underwriters on numerous capital markets transactions, including:

  • IPOs by ContourGlobal, Charter Court Financial, WizzAir, OneSavings Bank, Manchester United, Oxford Immunotec, Hudson, Gates Industrial and Abengoa Yield
  • Debt offerings by Société Générale, The Royal Bank of Scotland, Lloyds Bank, Ocado, IHS Markit, Crédit Agricole, GE Capital, BBA Aviation and British American Tobacco

Before joining Davis Polk, work highlights included advising:

  • A FTSE 100 group in respect of the demerger of part of its business, followed by a merger of that business to create a new U.K.-listed group
  • U.K. groups on redomiciling from the U.K.
  • Numerous groups on returns of value by various means (including special dividends, repurchase of shares, "B" share transactions and new holding company schemes)
  • A large number of groups/underwriters on international IPOs and listings
  • A large number of groups/underwriters on rights issues, placings and open offers, and other equity placings
  • A consumer finance group on a solvent restructuring, involving four schemes of arrangement
  • An Australian services company on the acquisition of the business of a U.K.-listed property services company from its administrators by means of a pre-pack sale

Recognition

Mr. Cooklin is acknowledged as one of the leading UK tax lawyers in Chambers U.K., Chambers Europe and Chambers Global, and was awarded the ILO Client Choice award for UK Corporate Tax in 2016. 

Of Note

Memberships 
  • Member, Institute of Chartered Accountants in England and Wales
  • Member, Chartered Institute of Taxation
  • Member, International Tax Sub-Committee and Tax Law Committee, The Law Society

Professional History

  • Partner, Davis Polk, 2012-present
  • Partner, Freshfields Bruckhaus Deringer, 2001-2012

Practice Focus

Bar Admissions

  • England and Wales

Education

  • B.A., University of Cambridge, 1986
  • M.A., University of Cambridge, 1990