Pip Greenwood

Partner

Corporate Advisory

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Profile

Pip is a highly respected partner and leading figure in commercial law, specialising in securities offerings, mergers and acquisitions, takeovers and general corporate advisory work. She brings both a strong legal mind and good commercial sense to her work, advising on a number of high profile New Zealand corporate transactions that have changed the face of industries.

Widely regarded as one of New Zealand’s top commercial lawyers, adept at providing clear, incisive advice in complex matters, she has won numerous awards and is regularly recommended in industry peer review guides.

With over ten years' experience on the firm's board and previously serving as the Board Chair, Pip is Head of Corporate Advisory and acts as relationship partner for key Russell McVeagh clients.

Experience

A sought after corporate lawyer, Pip provides advice on large commercial deals, working with major players like Spark, Kiwi Property Limited, Meridian Energy and Auckland International Airport.

Pip’s experience includes advising:

  • Meridian Energy on its participation in the Mixed Ownership Programme.
  • The Joint Lead Managers of the Mighty River Power Initial Public Offering (IPO).
  • Fonterra on its initial ‘Trading Among Farmers’ offer in 2012.
  • Fairfax on its proposed merger with NZME.
  • Telecom New Zealand, now Spark New Zealand, on its 2011 demerger into Telecom and Chorus, and related participation in the Government's ultra-fast broadband programme.
  • Auckland International Airport in respect of its Queensland Airport acquisition and related rights issue.
  • Macquarie on all aspects of its role as lead manager and underwriter of Fletcher Building's 1 for 4.46 accelerated pro rata entitlement offer of new shares in 2018.

Pip’s Initial Public Offerings (IPOs) and securities offerings experience includes advising:

  • Oceania Healthcare on its initial public offering and dual listing on the NZX and ASX.
  • Fairfax Media on its IPO, and subsequent sell-down, of online auction sales website Trade Me.
  • The bookrunner and underwriter in News Corporation's sell-down of its 44% stake in NZ Sky Network Television.
  • CanWest Global Communications Corp, on the takeover offer by private equity group Ironbridge Capital, for all of the securities in CanWest MediaWorks (NZ) Limited. CanWest MediaWorks (NZ) Limited owns TV3 and Radio Live.
  • Contact Energy in the privatisation of Contact Energy by way of trade sale and international IPO.
  • The Crown in the privatisation of Auckland International Airport by way of international IPO.
  • Origin Energy on a number of projects including the proposed dual listed company structure with Contact Energy and its recent sell down of its interest in Contact Energy.
  • ABN Amro Capital and Freightways on the successful IPO of Freightways.
  • NZX on its IPO.


Pip’s mergers and acquisitions experience includes advising:

  • ANZ on the sale of finance company UDC to Chinese conglomerate HNA.
  • On the proposed merger of Fairfax NZ and NZME.
  • Auckland International Airport in relation to its acquisition of an interest in Queenstown Airport.
  • Telecom New Zealand, now Spark New Zealand, in relation to its successful separation and sale of its directories business (Yellow Pages Group) for $2.24 billion.
  • Auckland International Airport in relation to the proposals made by Dubai Aerospace and Canada Pension Plan Investment Board.
  • Fairfax Media on their entry into New Zealand through the acquisition of the New Zealand publishing assets of INL and its acquisition of Trade Me (New Zealand's leading internet business).
  • Acting as global legal co-ordinator for Norske Skog in its successful acquisition of Fletcher Challenge Paper.
  • Tranz Rail in relation to a number of its restructuring initiatives including an extensive internal restructuring, the sale of Tranz Scenic, the sale of the Auckland rail corridor, rights issue and track sale to the Crown, the Toll takeover and insider trading investigation.
  • Vector on its acquisition of AGL's interest in National Gas Corporation and associated takeover offer.

Background

LLB, University of Canterbury.

Professional

Pip became a non-executive director of both Fisher & Paykel Healthcare and Spark in 2017 and is a current trustee of the Auckland Writers Festival. She served as a member of the New Zealand Takeovers Panel from 2007 to 2011.

Prior to joining Russell McVeagh as a partner in 2001, Pip was a partner at another New Zealand law firm.

She has won 'New Zealand Dealmaker of the Year' five times at the Australasian Law Awards, in 2018, 2016, 2012, 2010 and 2008, and is recognised as:

  • A leading Corporate lawyer by Chambers Asia-Pacific. Clients say: ‘she is one of the top commercial lawyers in New Zealand.’
  • A leading lawyer in M&A and Capital Markets by the IFLR 1000.
  • A leading lawyer in Capital Markets and Corporate/M&A by Asialaw Profiles 2018.
  • In Best Lawyers® 2019 in New Zealand as a leading lawyer in Capital Markets, Corporate Law, Leveraged Buyouts, and Mergers and Acquisitions.
  • ILO Client Choice Lawyer of the Year – M&A New Zealand 2013.
  • Australasian Women in Business Law – M&A Lawyer of the Year 2012.
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