Japan's Mitsubishi Corp acquired 91 percent of Norwegian salmon farmer Cermaq in a $1.4 billion bid for the firm, which holds extensive fishing assets in Norway and Chile, it said on Tuesday.
Although some investors expected a competing bid, the deal was essentially sealed on Monday when the Norwegian government, which holds 59 percent of the firm, sold its shares to Mitsubishi.
Yang & Yang Solicitors, PRC law firm East & Concord Partners’ Hong Kong association firm, has added M&A expert Dennis Yeung as a partner from the Beijing office of Akin Gump Strauss Hauer & Feld, which closed recently.
South Korean Big Six firm Yulchon has continued its recent expansion by poaching four seasoned M&A partners from Yoon & Yang. The quartet includes Sung-Jin Kim, the former head of the M&A practice at Yoon & Yang, along with Kayoung Kim, Hyerim Kang, and Junghwan Lee.
Vietnamese boutique Asia Counsel has announced that it has entered into an alliance with European law firm Kinstellar, and also hired M&A veteran Justin Gisz as a partner from local rival Frasers Law Company.