Managing Director and Co-Head of Advisory, Sydney
Bruce is Managing Director and Co-Head of Gresham's Corporate Advisory business. He is a Non-Executive Director of Kingspan Group Plc and a member of the Australian Takeovers Panel. Bruce is a CPA; a member of the Australian Institute of Company Directors; and a Fellow of the Financial Services Institute of Australia.
Bruce has over 30 years experience in investment banking. Prior to joining Gresham, Bruce was Managing Director and Head of Mergers & Acquisitions at Merrill Lynch Australia (1997-2006), a partner at Centaurus Corporate Finance (1993-1997); and worked at Kleinwort Benson in Sydney, Melbourne and London (1985-1993).
Bruce’s experience spans a broad range of industries and corporate finance transactions both domestically and globally including mergers and acquisitions advice and capital raisings (including equity, hybrid and debt).
Some of the major companies that Bruce has provided advice to include AMP, NAB, IAG, ANZ, Allianz and QBE in financial services; Telstra, Ten Network and Fairfax in telecommunications and media; BHP, DUET, North, MIM, Normandy and Oil Search in resources and energy; Fosters, Goodman Fielder, David Jones and Coles Myer in consumer and retail; Asciano in rail, port and logistics; Lend Lease, Stockland, Galileo and Australand in real estate.
Major transactions on which Bruce has advised include Asciano on its takeover defence from Qube consortium and Brookfield consortium; BHP on its demerger of South32; DUET on its takeover defence from CKI; David Jones on its takeover defence from Woolworths of South Africa; Foster’s on its takeover defence from SABMiller, and the demerger and IPO of Treasury Wine Estates; Lend Lease on the Barangaroo South development including the Crown Hotel and Casino, acquisition of Valemus from Bilfinger Berger, defence of its unlisted wholesale funds from GPT, sale of its Aged Care Business to Archer Capital, its two capital raisings of $1.2bn, its acquisition and recapitalisation of Primelife, its separation from GPT and the sale of its US real estate investment businesses; Telstra on its proposals with the National Broadband Network and on T3; Dun & Bradstreet Inc. on the sale of its Australian and New Zealand businesses to Archer Capital; Fairfax’s takeover of Text Media; Nufarm on its strategic review and refinancing; NAB on the acquisition of Challenger’s mortgage origination business; Roc’s takeover of Anzon; Wattyl’s takeover defence from Valspar; Coles Myer on its acquisition of Theo’s Liquor; Galileo’s acquisition, capital raisings and joint venture with New Plan; Novus Petroleum’s takeover defence from Medco / Santos; MIM’s scheme of arrangement with Xstrata; Oil Search on its takeover of Orogen and subsequent divestment of its mineral assets; the takeover defence of North from Rio Tinto; Allianz’s acquisition of HIH’s personal insurance business; ANZ on the acquisition of Primary Industry Bank’s mortgage origination business; Ten Network on the sale of Canwest’s 56% shareholding; Worldcom’s takeover of OzEmail; Seven Network’s takeover of Unwired; the defence of AMP Retail Property Trust and AMP Diversified Property Trust; AMP on the scheme of arrangement to acquire the outstanding 43% shareholding in GIO; Crane on its acquisitions of Tradelink, Hardie Iplex, Mico Wakefield and takeover offer for Milnes; Advance Bank on its merger with St George and prior to that Advance Bank’s acquisition of Bank SA; and the divestment and IPO of David Jones.
Tel: +61 2 9221 5133
Level 17, 167 Macquarie Street Sydney NSW 2000