Skadden, Arps, Slate, Meagher & Flom, Jia Yuan Law Offices, and Shihui Partners are advising Chinese home appliance maker Midea Group on its HK$26.97 billion ($3.46 billion) share offering in Hong Kong, the city's largest listing in more than three years.
Freshfields Bruckhaus Deringer and King & Wood Mallesons are representing the joint sponsors and underwriters on the offering.
According to Reuters, the offering by the Shenzhen-listed Midea would be the biggest in Hong Kong since JD Logistics raised $3.16 billion in May 2021. The deal eclipses Hong Kong's most recent biggest deal, by Chinese lithium battery maker CALB, which raised $1.3 billion in October 2022.
The joint sponsors and underwriters include China International Capital Corporation, Merrill Lynch, UBS, CLSA, and Goldman Sachs.
The Skadden team was led by partners Haiping Li, Shu Du, Kai Sun and Yilin Xu.
The Freshfields team was led by China Chairman Teresa Ko, Head of China ECM Richard Wang and partner Howie Farn.
The Jia Yuan team saw the leadership of founding partner Xu Ying and senior partner Liu Xing.
And the KWM team was led by partners Gong Mulong, Su Zheng, and Huang Xiaoxue.
