Top international firms act on landmark $7.1 bln ESR take-private deal
Global law firms Freshfields, Latham & Watkins, Kirkland & Ellis, Paul, Weiss, Rifkind, Wharton & Garrison and Cleary Gottlieb Steen & Hamilton have steered an offer to take the Hong Kong-listed ESR Group private in a deal valued at $7.1 billion.
K&L China cap markets co-head joins new HK boutique
Recently launched Hong Kong boutique law firm Edwin Kwok & Co has significantly bolstered its capital markets and corporate capabilities with the addition of partner Iris Leung, who previously co-led U.S. law firm K&L Gates’ capital markets practice in China.
K&L Gates private client partner joins Mishcon HK association firm
Hong Kong’s Karas So, which operates in association with Mishcon de Reya, has hired Tan Choo Lye as a partner from U.S. law firm K&L Gates. Tan brings with her experience in cross-border deals and private client services.
Fangda, KWM act on HKAA’s $592 mln acquisition of Zhuhai Airport stake
Fangda Partners has advised the Hong Kong Airport Authority (HKAA) on its agreement to purchase a 35 percent stake in Zhuhai Airport for approximately $592 million, with King & Wood Mallesons representing the seller, Zhuhai Transportation.
Milbank becomes 2nd U.S. law firm to shutter mainland office in a week
U.S. law firm Milbank has confirmed to ALB that it will close its Beijing office, which has been operating for 18 years. This makes it the second top-tier U.S. law firm, after Paul, Weiss, to announce its intention to call time on its mainland operations this week.
BKL, Yoon & Yang guide $640 mln Korean real estate deal
Top South Korean firms Bae, Kim & Lee and Yoon & Yang have advised the seller and buyer, respectively, in the acquisition of Donuimun D Tower in central Seoul by NH Nonghyup REITs Management for $640 million from Mastern Asset Management.
Former Bakers TMT lawyer joins SG boutique Magellan Law as partner
Singapore boutique law firm Magellan Law has appointed former Baker McKenzie Wong & Leow local principal Alex Toh as a partner in its technology and telecommunications (TMT) practice.
CAM, Trilegal, Sidley act on Godrej’s $700 mln QIP
Cyril Amarchand Mangaldas has continued its strong run in qualified institutional market deals, advising Godrej Properties on its $708 million equity offering via a QIP. Trilegal and Sidley Austin advised the bookrunning lead managers.
SAM, CAM, Latham guide India’s largest QIP in 2024
Cyril Amarchand Mangaldas has advised Indian food delivery giant Zomato on its $1 billion equity offering through a qualified institutional placement of shares, with Shardul Amarchand Mangaldas & Co and Latham & Watkins advising the bookrunning lead manager Morgan Stanley India.
Paul, Weiss, which once led U.S. firms’ China charge, becomes latest domino to fall
New York-based law firm Paul, Weiss, Rifkind, Wharton & Garrison has confirmed to ALB that it will close its Beijing office by the end of 2024. According to records kept by ALB, it will become the 13th U.S. law firm this year to scale back its China operations.