Malaysia's largest independent power company held the country’s biggest initial public offering in close to three years.
Malaysia's largest independent power company held the country’s biggest initial public offering in close to three years.
The state-owned nuclear power company has secured an approval for what will be the largest IPO mainland China has seen since China Everbright Bank's $3.6 billion Shanghai listing in 2010.
So far in 2015, Yeung has already advised the largest three IPOs and the largest follow-on offer in Hong Kong
Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.
The state-owned company is raising money to further grow its existing insurance businesses.
The Shanghai-based conglomerate is acquiring the remaining 80 percent of Ironshore that it doesn’t already own in an effort to ramp up its insurance portfolio.
The Magic Circle firms once again have the lead roles on the Southeast Asian country's latest Islamic bond deal, its first since 2011.
Japan's Daiichi Sankyo has raised about $3.2 billion by shedding the 9 percent of Sun Pharma it received when it sold Ranbaxy Labs to the Mumbai-based company earlier this month.
The Beijing-based brokerage is raising money to fund its securities-lending business as the country's stock markets continue to rally.
The Boston-based data storage company has struck a deal to buy Australia's Recall Holdings, with Sidley Austin acting for the target.
The government sold its entire stake in Pakistan's largest bank as part of an effort to boost the country's economy, including its foreign exchange reserves.
Perfect World will be the third Chinese gaming company, including Giant Interactive and Shanda Games, to delist in the last 18 months in the face of low valuations from investors.
M2 is trying to elbow out TPG Telecom with a $1.27 billion offer for the Perth-based DSL company.
Kirkland & Ellis and Weil, Gotshal & Manges are acting for KKR & Co. and Anchor Equity Partners on their investment in South Korea's Ticket Monster Inc.
Big Pharma leads the list of billion-dollar deals this week with a $40 billion, unsolicited bid made by Israel’s Teva Pharmaceutical Industries Ltd. for fellow generic-drug maker Mylan N.V.
Hollywood wants the box office riches; Chinese companies want Hollywood techniques. Sister publication Corporate Counsel talks to Manatt, Phelps & Phillips partner Lindsay Conner about how the two are coming together.
U.S. private equity giant TPG Capital and Shanghai-based Fosun International are buying into the Canadian entertainment company and plan to launch the business in China.
China's 58.com and Ganji.com are letting go of a 10-year-old rivalry and joining forces.
The Hangzhou-based ecommerce giant is transferring its Tmall online pharmacy to its Hong Kong-listed healthcare subsidiary in exchange for a combination of shares and debt.
Singaporean oil rig builder Keppel Corp. is delisting its property development arm in a bid to diversify revenues.
The Chinese brokerage ranks as the biggest initial public offering so far this year in Asia.
Four months after the Houston-based oil and gas giant sold two offshore assets to Woodside Petroleum for $2.8 billion, Apache has turned again to the Magic Circle firm to unload its entire Australian division.
Oil and gas tops off the week's list of billion-dollar deals, with Royal Dutch Shell plc's $70 billion acquisition of BG Group plc.
The two companies have struck an exclusive agreement that would see DBS sell Manulife's insurance products through the bank's 200 branches in Asia.
Malaysia's largest oil and gas services company is refinancing part of a $5.5 billion credit facility it took on last year.
Bain Capital is selling some of its shares in the Australian enterprise software company four years after buying it from Archer Capital for $1.3 billion.
State-owned China Traditional Chinese Medicine is selling shares to a group of investors to fund its acquisition of Jiangyin Tianjiang Pharmaceutical.
Companies that play it smart will be well positioned to leverage recent political developments and China's demand for low-cost renewable energy technologies into safe, lucrative and long-term business opportunities.
Chinese state-owned Guangdong Rising Assets Management Co. has made an offer to acquire Australian copper miner PanAust Ltd.
The car window maker’s initial public offering is the biggest so far this year in Hong Kong.
Arnold Bloch Leibler is Australian counsel to Slater, while London-based Macfarlanes is advising on English law.
Hong Kong-listed China Overseas Land acquired properties in 12 cities from its state-owned parent China Construction.
China's Jun He Law Offices, Italy's Pedersoli e Associati, Linklaters and Latham & Watkins are among the others working on what will be the largest overseas acquisition by a Chinese state-owned enterprise since the $15 billion CNOOC-Nexen deal in 2012.
The Malaysian state-owned energy company sold a mix of Islamic and conventional notes to raise cash in the wake of tumbling oil prices.
The studio behind blockbuster hits such as "The Hunger Games" and "Twilight" will receive funding for a quarter of its expected movies over the next three years from popular Chinese television producer Hunan TV.
Shanghai-based Summitview Capital is leading a Chinese consortium to buy U.S. chipmaker Integrated Silicon Solutions Inc. and delisted it from the Nasdaq.
Our latest roundup of transactions in the United States and around the world sees Sullivan & Cromwell, Skadden, Freshfields and Davis Polk take the lead for companies in the analytics, entertainment and pharmaceutical sectors.
If successful, TPG Telecom Ltd.’s acquisition of iiNet Ltd. would create the second-largest fixed-line internet services provider in Australia.
Big Pharma tops our latest roundup of deals worth $1 billion or more, with AbbVie Inc. agreeing to purchase cancer-drug maker Pharmacyclics Inc. for $21 billion. NXP Semiconductors, based in the Netherlands, will acquire Austin's Freescale for $11.8 billion.
Investors CVC Capital and GIC are cashing out of some of their stakes in Hong Kong's second-largest broadband internet provider.
Citigroup joint venture partner Orient Securities is going public amidst a rush of planned listings in China.
Hong Kong-based Baring Private Equity Asia has raised the second-largest fund in the region since KKR's $6 billion fund in 2013.
Our latest roundup of deals worth $1 billion or more includes Valeant Pharmaceuticals International Inc.’s purchase of Salix Pharmaceuticals Ltd. for $10.1 billion; Asahi Kasei Corp.’s buy of Polypore International Inc. in a deal valued at $3.2 billion; and a merger between silicon producers Grupo FerroAtlántica and Globe Specialty Metals Inc. for a combined value of $3.1 billion.
One of India's largest banks has sold stock on the country's domestic exchanges and in the U.S. to fund future growth and boost its capital reserves.
Whether goats or sheep are in ascendancy, it's time to update your approach to negotiation when dealing with companies based in China.
Australia’s Slater & Gordon, the world’s first publicly traded law firm, is headed to Wales after acquiring a pair of personal injury shops in the U.K. The move comes as a co-founder of a prominent U.S. litigation finance firm calls for the adoption of alternative business structures by U.S. law firms.
Japan's state-owned postal service is buying Australia's largest logistics company as it seeks growth outside a weak home market.
Tencent-backed Didi Dache and Alibaba-backed Kuaidi Dache are tying up after a fierce battle for market share in the world's largest economy.
The Chinese e-commerce giant has taken a step toward boosting the market share of its mobile operating system with the purchase of an undisclosed stake in the Zhuhai-based smartphone maker.
Jasmine International is spinning off its fiber-optic cable business to raise money for the expansion of its national broadband network.
The deal was the latest divestment in a state-run company as the Indian government raises money to improve the country's finances.
The combination of real estate investment trust Federation Centres and retail-focused Novion Property Group will create a new company with 102 assets under management worth $17 billion.
A consortium led by Hong Kong-based All-Starts Investment has valued the Chinese smartphone maker at $45 billion, making it the most valuable private technology company in the world.
Dejphon Chansiri is acquiring Sheffield Wednesday Football Club for a reported $45 million.
State-owned China Traditional Chinese Medicine is buying an 81.5 percent stake in a competitor.
Two companies controlled by Hong Kong tycoon Li Ka-shing are acquiring Eversholt Rail Group from a consortium that includes U.K. private equity funds 3i Infrastructure and STAR Capital Partners.
Thailand's Charoen Pokphand Group Co. Ltd. and Japanese trading house Itochu Corp. are buying a 20 percent stake in the Chinese state-run conglomerate.
Latham & Watkins is acting for the underwriters on the state-run company’s first entry into the international bond market.
The agreement will allow Singapore-based Stamford Law Corp. to cut costs and free up their lawyers to focus on more high-end matters.
King & Wood Mallesons and Baker & McKenzie are also among the firms helping state-owned Shanghai Jin Jiang acquire France's Groupe Du Louvre.
Asia's richest person is spinning off his real estate assets into a new company in a deal led by Freshfields, Linklaters and Woo Kwan Lee & Lo.
Tencent and JD.com have used a combination of cash and resources to purchase a 28 percent stake in the Chinese autos e-commerce company.
Baker & McKenzie, Morrison & Foerster and Linklaters are leading the combination of state-owned train makers China CNR and CSR.
The Hong Kong-listed Chinese brokerage sold 1.9 billion shares in order to raise funds for its margin financing and securities lending businesses.
Chinese investment in Italy continues to rise.
Asia's Biggest-Ticket Recent Transactions
The Chinese lender's Hong Kong listing is the largest so far for a mainland city commercial bank.
Private equity owner Lion Capital is selling the U.S. company to the world’s largest canned tuna processor, Thai Union Frozen Products Plc.
The state-controlled company makes and sells Mercendez-Benz and Hyundai vehicles in China.
Hahn & Co. and Hankook Tire are buying a climate control business from U.S. auto supplier Visteon Corp.
*Weil, Skadden lead $3.6 billion acquisition of Halla Visteon Climate Control in Korea
*Herbert Smith Freehills advises issuers oOh!media and SurfStitch on their recent Australian IPOs
*Clifford Chance on Haitong’s $467 million takeover of Portugal’s Banco Espirito Santo
The U.S. energy company is selling interests in oil and gas projects in Australia and Canada to Australian oil company Woodside Petroleum.
China Communications Construction is acquiring engineering and contracting division John Holland.
Australian natural gas infrastructure company APA Group is buying a major pipeline in the country from the U.K.'s BG Group.
A total of 2.1 million patent applications were filed in the world's five largest patent offices in 2013, according to the "IP5 Statistics Report, 2013 Edition."
*Skadden, Davis Polk advise on $619 million share sale by JD.com investors
*MoFo, White & Case and Hunton & Williams on $4.4 billion Japan-led financing for LNG plant in Texas
*Allen & Gledhill acts for Alibaba subsidiary on stake purchase in mobile security company V-Key
Two solar subsidiaries of Korean conglomerate Hanwha Group are combining in an all-stock transaction.
Cravath is advising the Singaporean sovereign investor while Paul Weiss is guiding Virtu Financial, a high-speed trading firm led by former partner Douglas Cifu.
The real estate corporate partner led the deal team for Simpson Thacher & Bartlett's representation of The Blackstone Group in its sale of warehouse landlord IndCor Properties to GIC, Singapore’s sovereign wealth fund, for $8.1 billion.
China's biggest lender sold preference shares to meet capital adequacy requirements.
As the holiday season rolls around, transactional work for Skadden, Arps, Slate, Meagher & Flom is ramping up. The firm recently grabbed a role on a handful of big deals worth more than $15 billion for clients like Hawaiian Electric Industries, Japan's Ostuka Holdings, the Robb Report and Singapore's sovereign wealth fund.
*Skadden guides Singapore's GIC on $8.1 billion U.S. logistics acquisition
*Reed Smith leads Dalian Wanda Commercial Properties $6 billion upcoming IPO
*Shearman on Chinese nuclear power producer CGN Power $3.6 billion Hong Kong IPO
The Chinese state-owned nuclear power producer is this year's largest IPO in Hong Kong.
The Singaporean sovereign wealth fund is buying Blackstone Group-controlled IndCor Properties Ltd. Simpson Thacher is acting for regular client Blackstone.
Simpson Thacher and Sullivan & Cromwell have advised on the Chinese e-commerce giant’s $8 billion corporate debt sale, the largest-ever such offering in Asia.
The Shenzhen-based insurer raised funds through a private placement in Hong Kong in order to boost its capital reserves.
The mainland Chinese conglomerate is planning a Hong Kong IPO of its commercial real estate arm to fund 10 new projects.
*Allens, Minters on Sao Paulo-based JBS's $1.2 billion offer for Australia's Primo Smallgoods
*Drew & Napier acts for property developer CapitaLand on real estate deal in Indonesia
*Khaitan, Clifford Chance, Luthra on Calcutta Electric Supply's share sale in India
Sao Paulo-based meat processing company JBS is buying Australia’s leading maker of ham, sausages and bacon in an all-cash deal.
The deal markets the second time in a row that Allen & Overy has taken the lead role on the government's issuance of sovereign debt.
*HSF leads $1.2 billion transfer of power assets within state-run China Huaneng Group
*Allen & Overy, Ashurst on $2.8 billion financing of Indonesian natural gas project
*Cleary Gottlieb, Paul Hastings on Samsung SDS's $1.1 billion IPO in Korea
The two cities have launched a pilot trading system that gives foreign investors direct access to Chinese A-shares for the first time.
The London icon, seen in The Beatles movie Help! and on the cover of a Pink Floyd album, is being developed into a mixed-use site with luxury residences, retail shops and restaurants.
The information technology division of mega-conglomerate Samsung Group raised $1.1 billion on the Korea Exchange.
The Donggi-Senoro plant, which is expected to launch in mid-2015, will have a production capacity of 2 million tons of liquefied natural gas a year.
The two investment giants are offering close to a billion dollars for a water-treatment company that has extensive operations in mainland China.
*Five firms on near billion-dollar offer by CITIC, KKR for Singapore's United Envirotech
*Jones Day, Milbank lead Philippines retailer SSI Group on its recent IPO
*Clifford Chance acts for Australia's AMP as it buys a stake in China Life Pension
Davis Polk & Wardwell served as underwriters' counsel to the state-owned travel agency's offer.
*Simpson, Sullivan & Cromwell on Danone's $565 million Yashili investment
*Davis Polk, Clifford Chance on China Hongqiao high-yield bond offer
*Herbert Smith Freehills on Tata Motors $750 million bond offer
The Kuala Lumpur-based company, which has links to Southeast Asian firm Zicolaw, is looking to raise about $11 million to fund expansion ahead of the launch of the so-called ASEAN Economic Community next year.