Asian Deals

Australia
Clifford Chance, KWM on First Ever Australian Master Trust Deal

By Anna Ward |

Former GE Capital’s Australian and New Zealand consumer finance business Latitude Financial launches a $840 million master trust for its credit card business.

China
DLA Piper, Latham Advise on Sinopec's $1B African Deal

By Anna Zhang |

Asia’s largest oil refiner makes its entry into the African downstream market as U.S. giant Chevron exits.

China
Dentons, Zhong Lun, Behind China's First Investment Treaty Arbitration Win

By Anna Zhang |

A three-arbitrator panel at the International Centre for Settlement of Investment Disputes in Washington, D.C., dismissed Korean developer Ansung Housing’s claims against China.

Deal Watch: SoftBank's Spending Spree Keeps Lawyers Busy

By Meghan Tribe |

Japan’s SoftBank Group Corp. has continued its frenetic deal pace, brokering a $13 billion merger between satellite operators, investing $3 billion in office-sharing startup WeWork and taking part in a $500 million fundraising round by online lender Social Finance. Morrison & Foerster, a longtime legal adviser to SoftBank, is close behind.

Davis Polk & Wardwell received International Law Firm of the Year.

Hong Kong
The Asian Lawyer Announces Winners for 2017 Asia Legal Awards

By Asian Lawyer Staff |

Davis Polk & Wardwell and Korean firm Bae, Kim & Lee are among the top winners of the fourth annual celebration for the regions leading firms and individuals.

Deal Watch: Two Big Firms Advise on Scuttled Unilever-Kraft Heinz Merger

By Brian Baxter and Meghan Tribe |

Linklaters and Paul Weiss landed lead roles on a since aborted $143 billion takeover bid for London-based Unilever plc by Pittsburgh-based Kraft Heinz Foods Co., a megamerger that would have united two of the world’s largest food companies.

Japan
Five Am Law 100 Firms on $3.3B SoftBank-Fortress Deal

By Anna Zhang |

Weil, Kirkland, Skadden, Davis Polk and Paul Weiss advise as the Japanese technology investor buys the New York-based asset management firm.

Andrew Saker

Litigation Funder Bentham, Fortress Seek to Tap US Litigation Market

By Roy Strom |

On the same day that Fortress Investment Group announced its $3.3 billion sale to Japan’s SoftBank, a unit of the investment giant partnered with Australian litigation funder IMF Bentham on a U.S. litigation funding finance vehicle worth up to $200 million. The move comes two months after two rival litigation financiers agreed to merge.

Hong Kong
The Asian Lawyer Announces Finalists for 2017 Asian Legal Awards

By Asian Lawyer |

Davis Polk, Hogan Lovells, Freshfields and Linklaters are among the contestants for the awards that will be announced on February 22 at the Four Seasons Hotel in Hong Kong.

China
Alibaba Returns to Slaughter and May for $2.6B Retail Deal

By Anna Zhang |

Slaughter and May is advising Alibaba Group Holding Ltd. on a $2.6 billion offer to privatize Chinese department store operator Intime Retail Group Co. Ltd.

McDonald's restaurant in Shenzhen, China.

China
Kirkland, Cleary Lead McDonald's $2.1B China Partnership

By Anna Zhang |

State-owned CITIC teamed up with The Carlyle Group to help open 1,500 more restaurants in Hong Kong and the mainland.

Mina Arai-Ito

Rising Japanese Investment in Africa Prompts Law Firms to Ramp Up Africa Practices

By Anna Zhang |

Africa remains a challenging market, but Japanese companies see growing opportunity there. So do their lawyers.

China
China Seizes Opportunities in Latin America

By Carlos Harrison |

As the U.S. talks of walls, China is building bridges in North America's backyard.

In this Oct. 25, 2016 picture the headquarters of the German technology concern Aixtron in Herzogenrath , Germany, is photographed. The German government says it withdrew permission for a Chinese company to purchase semiconductor equipment company Aixtron due to security concerns. Germany announced Monday Oct 24, 2016 that it was reconsidering the takeover bid by China's Fujian Grand Chip but didn't state a reason. ( Oliver Berg/dpa via AP,file)

China
Strains in U.S.-China Relations Expected to Affect Legal Sector

By Anna Zhang |

Committee on Foreign Investment in the U.S. has disapproved several high profile Chinese investments recently; meanwhile suspicion of Chinese companies' motives and the influence they might have in the U.S. economy grow among members of Congress. What will Chinese investments into the U.S. look like next year under the Trump presidency?

A&O and Freshfields Lead on Asahi's Eastern European $8 Billion Beer Buy from AB InBev

By Rose Walker |

AB Inbev is selling brands that include Czech market leader Pilsner Urquell to get clearance from competition regulators after its takeover of rival SABMiller.

China
Skadden Leads Ctrip's $1.7B Skyscanner Buy

By Anna Zhang |

The Chinese online travel agency is buying the U.K. competitor to boost global offering.

Samsung Logo.

South Korea
Paul Hastings Advises Samsung on Purchase of Auto Technology Supplier Harman International

By Anna Zhang |

Paul Hastings is advising Samsung Electronics on an $8 billion acquisition of U.S. automotive technology company Harman International Industries Inc.

Golden Globe Awards

China
China's Dalian Wanda Group to Acquire Dick Clark's TV Production Studio for $1B

By Anna Zhang |

Reed Smith and Paul Hastings are lead counsel on a $1 billion deal that will result in Chinese conglomerate Dalian Wanda Group Co. Ltd. acquiring the U.S. television studio Dick Clark Productions Inc.

Hong Kong
World Bank Report Ranks Asian Nations as Best Places to Do Business

New Zealand, Singapore, Hong Kong and South Korea are among the best places to do business in the world, according to the World Bank’s most recent annual study of local business laws and regulations around the globe.

China
Weil Gotshal Advises Chinese Conglomerate HNA on its $6.5 Billion Investment in Hilton Worldwide

By Anna Zhang |

Weil, Gotshal & Manges is advising Chinese conglomerate HNA Group Co. on a $6.5 billion investment in Hilton Worldwide Holdings Inc. — a move that will give HNA a 25 percent stake in the U.S.-based hotel empire.

China
Skadden and Kirkland Advise on Privatization of Chinese Travel Site

By Anna Zhang |

Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis are advising on the privatization of Chinese travel site Qunar Cayman Islands, which is valued at $4.4 billion.

A Chinese deliveryman carries parcels in front of a branch of ZTO Express in Dalian city, northeast China's Liaoning province, 14 November 2014.

China
Skadden and Kirkland Advise as ZTO Express Eyes Biggest China IPO in U.S. Since Alibaba

By Frances Ivens |

The Chinese logistics company is set to list on the New York Stock Exchange in an offering that could raise as much as $1.5 billion.

Deal Watch: All About Energy and a Sanction-Free Sale

By Meghan Tribe |

Energy company acquisitions dominated the billion-dollar transactional tables last week and a big deal announced over the weekend—one specifically structured to avoid Western sanctions—has yielded roles for a half-dozen firms from the U.K. and India.

Singapore
The Asian Lawyer Announces Finalists for Emerging Markets Awards 2016

By The Asian Lawyer |

Baker & McKenzie and Herbert Smith Freehills are among the firms receiving most nominations. Winners will be announced on Thursday, November 24, 2016, at the Four Seasons Hotel in Singapore.

China
China Law & Practice Awards 2016 Winners Announced

By Katherine Jo |

King & Wood Mallesons and Zhong Lun Law Firm are among the biggest winners. Leading Chinese civil and commercial law scholar Jiang Ping received this year's outstanding achievement award.

State Grid Corp. of China

China
Sullivan & Cromwell Advises Chinese Power Company on Investment in Brazilian Utility

By Anna Zhang |

Sullivan & Cromwell is advising State Grid Corp. of China on a $1.8 billion deal that will see the Chinese power company acquire a minority stake in Brazilian utility company CPFL Energia S.A.

Colombo, Sri Lanka.

Sri Lanka Seeks to Grow Economy—With Help From Baker & McKenzie

By Nell Gluckman |

The global legal giant is advising the island nation on tax and financial laws in other jurisdictions.

Shipping containers are seen in the port of Singapore.

Vietnam
TPP's Uncertain Prospects Weigh on Asia-Based Lawyers

By Anna Zhang |

The U.S.'s failure to ratify the TPP could result in a setback for international trade in Asia Pacific region. But even if ultimately unsuccessful, the TPP will still have a legacy in the region, lawyers say.

China
Clifford Chance, Davis Polk Ride Joy City Deal

By Anna Zhang |

Clifford Chance and Davis Polk & Wardwell took lead roles on China Life Insurance Co. and GIC Private Ltd.'s $1.4 billion joint investment in Chinese developer Joy City Property Ltd.

Craig Gardner of West Bromwich Albion takes a penalty kick.

China
King & Wood Mallesons Scores on Sale of Soccer Club to Chinese Investor

By Frances Ivens, Legal Week |

For the second time this summer, a British football club has been sold to Chinese investors. King & Wood Mallesons (KWM) is advising on the most recent deal: the sale of West Bromwich Albion Football Club to the Chinese investment group Yunyi Guokai Sports Development.

South Africa
Deal Watch: Two Firms Behind Bedding Industry Megamerger

By Brian Baxter and Jennifer Henderson |

A look at the large law firms behind the week's most notable deals, such as the mattress maker behind Sleepy's on its sale to a South African firm; two Elon Musk-backed companies combining forces; and Uber's China exit.

Singapore
The Asian Lawyer Emerging Markets Awards Deadline is September 5

We will honor top deals and leading lawyers in Southeast Asia and India.

China
Troutman Sanders, Simpson Thacher on $1.3B Chinese-Indian Pharma Deal

By Anna Zhang |

Fosun Pharma’s acquisition of Gland Pharma is the largest acquisition of an Indian company by a Chinese buyer.

China
Finalists Announced for China Law & Practice Awards 2016

By Katherine Jo |

For our annual awards’ 10-year anniversary, we have selected 59 categories of top matters and leading firms and lawyers for their work done in and out of China. Winners will be announced on Sept. 21 at the Park Hyatt in Beijing.

China
Skadden and Latham Advise on Chinese Company’s $2B Foray Into U.S. TV Market

By Frances Ivens |

LeEco, the "Netflix of China," is buying California-based television manufacturer Vizio.