Sam Duncan is an associate in the London office of Latham & Watkins and a member of the Tax Department.

Sam advises clients on a range of UK and cross-border tax matters, focusing on the tax aspects of complex M&A, private equity, capital markets, and structured finance transactions.

Prior to joining Latham in 2021, Sam was a tax associate at an international law firm in Sydney, Australia and an associate to a Justice of the Federal Court of Australia.

Sam’s experience includes advising:

  • Anglo American plc on (i) its US$70 billion merger of equals with Teck Resources Limited to form the Anglo Teck group, a global critical minerals champion, (ii) the sale of its Australian steelmaking coal business for up to US$3.875 billion, and (iii) the sale of its minority interest in Jellinbah Steelmaking Coal for US$1.1 billion
  • Whirlpool Corporation on its strategic joint venture with Arçelik A.Ş (Arcelik), as part of its portfolio transformation (M&A Deal of the Year at the IFLR Europe Awards 2025)
  • DWS on (i) the acquisition of European data centers owned by Colt Technology Services, a UK-based multinational telecommunications company, (ii) the disposal of NorthC, a Netherlands-based data center platform, to Antin Infrastructure Partners, and (iii) the acquisition of Flannery Plant Hire, a UK-based plant hire and construction services business
  • VEON on the sale of its telecommunications tower assets in Pakistan to Engro Corporation for US$562.5 million
  • Yellow Wood Partners on its acquisition of Elida Beauty, a UK-based provider of personal care products, from Unilever
  • Oakley Capital on its investment into Athena Racing, the British America’s Cup team and world-class sailing franchise founded and led by Sir Ben Ainslie
  • Ulta Beauty, Inc. on its acquisition of Space NK Limited, a leading British beauty retailer, from Manzanita Capital
  • General Atlantic on its investment in KAYALI, the fragrance business founded by Huda and Mona Kattan in 2018
  • Exponent on its investment in Hippo Digital, a Leeds-based digital transformation provider of user-centric design solutions to the UK public sector
  • IQ-EQ, an Astorg portfolio company, on its acquisition of Zenith Global, an Italy-based securitization services provider
  • evoke plc on its acquisition by Bally’s Intralot
  • KKR on its:
    • Exclusive multiyear agreement for up to €40 billion of eligible current and future Buy Now Pay Later (BNPL) loans originated by PayPal in France, Germany, Italy, Spain, and the United Kingdom
    • US$1.1 billion acquisition of Kobalt Capital’s music rights portfolio
  • The underwriters on Vantage Data Centers’ inaugural issuance of £600 million in securitized term notes, the first public securitization of data centers in EMEA
  • The ad hoc committee of bondholders on the recapitalization of Haya Real Estate, a Spanish real estate servicing business, implemented via an English scheme of arrangement
  • Leading UK financial institutions on a range of securitisation transactions
  • Astorg Capital Partners on the acquisition of OPEN Health Communications and The CM Group, UK-based healthcare communications platforms
  • Epiris on its acquisition of Inchcape Shipping Services, a global provider of port agency and marine services
  • Temasek on its investment (via its carbon solutions platform) in South Pole, a Swiss “social enterprise” recognized by the World Economic Forum
  • CityFibre Infrastructure Holdings, a provider of wholesale fibre network infrastructure, on its £3.9 billion refinancing of existing debt via term loans, capex, notes, and revolving credit facility
  • WE Soda Limited on its US$800 million 9.5% Senior Secured Notes due 2028
  • Leading Australian healthcare companies on various income tax and employment tax disputes before the Full Federal Court and High Court of Australia*
  • A consortium of Australian and offshore investors on the acquisition of an A$7.6 billion infrastructure asset*

*Matter handled prior to joining Latham

Bar Qualification

  • England and Wales (Solicitor)

Education

  • Graduate Diploma in Law in Taxation, University of Sydney, 2021
  • Bachelor of Laws (Hons), Australian National University, 2016

Practices