About Vidushee
Vidushee is a Senior Associate in the firm's corporate, M&A and capital markets group.
Vidushee regularly advises listed public companies and high net worth investors across a range of public, private and equity capital market transactions.
Vidushee’s transactional experience has been diverse, from advising on large public company matters to small strategic acquisitions, including takeovers, shareholder activism and board disputes. Vidushee acts for clients that are active in various industries including retail, real estate and technology.
Vidushee joined Arnold Bloch Leibler in 2017 and was appointed Senior Associate in 2020. Vidushee graduated with a Bachelor of Economics and a Bachelor of Laws from the University of Sydney in 2015.
She has been recognised in The Legal 500 Asia Pacific for Corporate and M&A Law and Capital Markets and Best Lawyers® International as ‘One to Watch’ for Corporate Law and Equity Capital Markets Law.
'One to Watch' for Corporate Law and Equity Capital Markets Law
Practice focus
Vidushee's practice focuses on the following areas:
- takeovers, mergers and acquisitions
- public listings and equity capital markets, including Corporations Act and ASX listing rule advice
- private and public companies, including asset and share acquisitions and disposals, and
- shareholder activism and all aspects of corporate governance.
Experience
Vidushee has been involved in the following matters:
Corporate and M&A
- Carsales, in relation to its:
- acquisition of an additional 40% of WebMotors S.A. in Brazil from Santander Bank for BRL$1.240 billion
- acquisition of a 49 percent stake in US-based digital marketplace business, Trader Interactive; and
- acquisition of remaining 51 percent stake of Trader Interactive for $1.17 billion
- Praemium Limited, in relation to:
- its acquisition of the OneVue business from ASX listed Iress Limited; and
- the sale of its international businesses to global investment research house Morningstar for $65.1 million
- Propel Group in relation to the sale of two of its iconic Australian businesses, Driza-Bone and Rossi Boots, to Gina Rinehart’s S. Kidman & Co
- Cromwell Property Group in relation to its planned demerger and IPO of an externally managed ASX-listed office A-REIT
- View Media Group in relation to its acquisition of proptech firm The Today Business
- ME Bank in relation to its $1.325 billion sale to the Bank of Queensland
- Zip Co Limited in relation to its:
- $400 million acquisition of New York based QuadPay Inc;
- its $50 million acquisition of New Zealand-based PartPay Limited; andits strategic partnership agreements with Amazon.
- ARA Asset Management, a leading Asia Pacific real estate funds manager: on its unsolicited $511 million proportional off-market takeover of ASX listed Cromwell Property Group, including associated Takeovers Panel proceedings
- A consortium controlled by Antony Catalano and Thorney Investment Group: in relation to the $115 million acquisition of the Australian Community Media and printing business from Nine Entertainment
- Dial-A-Dump Industries in relation to the sale of the privately owned group to ASX listed Bingo Industries for $577.5 million
- Specialty Fashion Group (now City Chic Collective) in relation to the strategic sale of its brand portfolio to Noni B Limited
- Acting for private equity and venture capital firms in relation to investments, fund establishment and structuring, including Hume Partners and Trawalla Capital
Equity capital markets
- Carsales in relation to its:
- $500 million capital raising undertaken to fund the acquisition of an additional 40% of WebMotors S.A in Brazil
- $1.2 billion equity raising to fund the acquisition of the remaining 51% of Trader Interactive; and
- $600 million entitlement offer to fund its acquisition of a 49 percent stake in US-based digital marketplace business, Trader Interactive
- Zip Co Limited in relation to its:
- its $200 million convertible note ‘PIPE’ capital raising from US based growth investor, Heights Capital Management, an affiliate of the Susquehanna International Group; and
- its $40 million strategic equity investment from Westpac Banking Corporation
- Freedom Foods in relation to its $265m recapitalisation by way of secured convertible notes
- Redcape Hotel Group in relation to its:
- IPO and ASX listing, and
- delisting from the ASX
- Harel Insurance & Finance in relation to its strategic investment into Lumi Australia as part of a Series C funding round valued at USD $15 million
- Capital raisings for early stage companies including Elula Holdings Pty Ltd and FAST AF, Inc
Shareholder activism
- Bruce Mathieson Group: Advised BMG, the largest shareholder of ASX-listed licenced hotels and retail drinks business, Endeavour Group, on the successful campaign for Board-level change
- Abercrombie and Humm: Advised Humm director and major shareholder, Andrew Abercrombie, in relation to Latitude Financial’s bid to acquire Humm Group’s consumer finance business
- ARA Asset Management: in relation to its campaign to appoint Dr Gary Weiss AM and Mr Joe Gersh AM to the board of Cromwell Property Group
- Michael Kum, through his Singaporean investment vehicle, Halom Investments: in relation to a public dispute with the board of marine service provider, MMA Offshore
Awards & recognition
Vidushee is recognised as a leading lawyer by various international guides to lawyers and law firms, including:
- Legal 500 Asia Pacific: corporate and M&A and capital markets, and
- Best Lawyers® International: corporate law and equity capital markets law.
“Vidushee Deora has demonstrated excellent knowledge and capabilities, which coupled with her outstanding dedication and client service makes her an exceptional practitioner.”
