Ian Hayes

Summary Profile

Ian Hayes is a director and National Head of our Corporate and Commercial practice. He has assisted numerous international and domestic corporations in merger and acquisition transactions, takeovers and formation and initial structuring of new business entities. Ian's areas of expertise are mergers and acquisitions, private equity transactions, general corporate finance, takeovers, formation and initial structuring of new business entities and general health care law.

Career

Ian began his career as a candidate attorney at Cliffe Dekker (now Cliffe Dekker Hofmeyr) in 1991. He was appointed as an associate in 1993, promoted to senior associate in 1994 and became a director in 1995.

Education

• BA LLB, University of the Witwatersrand
• Year of admission as an attorney: 1993

Memberships

Law Society of the Northern Provinces

Experience

• Advised Ampath (South Africa's largest pathology group) on the acquisition by it of 50% of its service and logistical entity from Netcare (transaction value R1 billion).
• Advised Harmony Gold Mining Company on its attempted unsolicited take-over of Goldfields Ltd (transaction value R50 billion).
• Member of the team advising Absa Capital Private Equity and Vantage Capital Kwikspace Investments (a wholly-owned subsidiary of Vantage Capital Group) on the acquisition by Clidet No 803 of the entire issued share capital of Kwikspace Modular Buildings and the subsequent de-listing of Kwikspace (transaction value R850 million).
• Member of the team advising Randfontein Estates (a wholly owned subsidiary of Harmony) on the acquisition by Pamodzi Resources Fund I of a controlling interest in the Cooke operations owned by Randfontein and the establishment of Rand Uranium (transaction value US$328 million).
• Member of the team advising Tourism Investment Holdings(Tourvest) on the acquisition of the entire issued share capital of Tourvest by a consortium consisting of Guma Tourism, Old Mutual Life Assurance Company, the Industrial Development Corporation of South Africa(IDC) and certain members of Tourvest's management (transaction value R1,7 billion).
• Member of the team advising BHP Billiton Energy Coal South Africa in the disposal of Koornfontein Mine to a Black Economic Empowerment consortium (transaction value R424 million).
• Member of the team advising Illovo Sugar on the sale of 51% of the issued share capital of Illovo to Associated British Foods plc (transaction value R3,8 billion).
• Member of the team advising Netpartner Investments on the acquisition by Netcare of 54% of Netpartner (transaction value R780 million).
• Advised three of South Africa's largest pathology groups on the merger of their practices and service and property entities, resulting in the creation of South Africa's largest pathology service company.
• Advised Harmony on its capital raising project involving the issue of shares and warrants at an aggregate issue price of R1,16 billion.
• Advised Harmony on its issue of R1,2 billion senior unsecured bonds, being the first issue of bonds by a South African gold mining company.
• Advised Harmony on its issue of R1,7 billion convertible bonds.
• Advised Harmony on its acquisition of:
  • the entire issued share capital of Randfontein
  • the Elandsrand and Deelkraal gold mines from Anglogold
  • Anglogold's Free State gold mining assets
  • the St. Helena gold mine from Goldfields
  • 35% of Anglovaal Mining from Anglo American
  • the entire issued share capital of Avgold
  • 29% of the issued share capital of Western Areas.
• Advised Harmony on its merger with African Rainbow Minerals Gold.

Market Recognition

• Chambers Global: The World's Leading Lawyers for Business 2007 - 2010 highly rates Ian Hayes in Corporate/M&A:
  • 2011 Corporate/ M&A "He is celebrated for his commercially savvy guidance on mining, private equity and healthcare."
  • 2009 says Ian Hayes provides commercially oriented advice and "a phenomenally quick turnaround time" for M&A work, especially in the resources arena.
  • 2008 notes the "knowledgeable, reliable and charismatic" Ian Hayes 'heads up the corporate team and is one of the firm's mining experts.''
  • 2007 says Ian Hayes is another "commercially strong lawyer, who interviewees appreciate for his 'competence and quality of work he delivers - something that is reflected in his drafting.'
• IFLR1000 Guide to the World's Leading Financial Law Firms 2007 - 2011 lists Ian as a leading lawyer in Mergers and Acquisitions and a leading Lawyer in Capital Markets 2011.
• Legal 500 EMEA 2008 - 2011 Corporate, Mergers and Acquisitions, Mining ranks Ian in Tier 1. "The team is headed by the well-respected Ian Hayes who's 'very good at finding practical and workable solutions to legal and regulatory challenges' and whose 'service provided is of an extremely high quality, practical, to the point and no-nonsense.'
• Practical Law Company (PLC) Which Lawyer? 2010 - 2011 endorses Ian as a leading lawyer in Corporate Mergers and Acquisitions.
• Best Lawyers International 2008 - 2011 South Africa lists Ian as a 'best lawyer' in Corporate; Mergers and Acquisitions; and Mining.