Haiwen, CC advise on China TCM's $2 bln take-private deal

by Hu Yangxiaoxiao 胡阳潇潇 |

A sign of Sinopharm is seen at the 2020 China International Fair for Trade in Services (CIFTIS), following the COVID-19 outbreak, in Beijing, China September 5, 2020. REUTERS/Tingshu Wang

 

Sinopharm Group, an investment consortium led by Sinopharm Group, and China Traditional Chinese Medicine Holdings (China TCM) recently announced a take-private deal for the Hong…

CC, Davis Polk act on ChaPanda’s $330 mln Hong Kong IPO

by Charlie Wu 吴卓言 |

Davis Polk & Wardwell and Jingtian & Gongcheng have advised Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda, on its $330 million IPO on the Hong Kong Stock Exchange, with Clifford Chance and King & Wood Mallesons acting for the sponsor CICC and underwriters.

CC, Slaughters advise as HK-listed SciClone goes private for $1.13 bln

Clifford Chance has advised the Hong Kong-listed SciClone Pharmaceuticals on an offer to take it private by healthcare-focused private equity firm GL Capital, with Slaughter and May acting for the buyer’s financial adviser, Capital Corporation Hong Kong Securities (CICC).

Latham, CAM advise on $370 mln India gas deal

by Nimitt Dixit |

Latham & Watkins and Cyril Amarchand Mangaldas have advised a Japanese consortium on its $370 million primary investment into India’s AG&P LNG Marketing.

Milbank, A&G advise Philippines’ Hotel101 Global on $2.3 bln SPAC merger

by Sarah Wong |

U.S. law firm Milbank and Singapore’s Allen & Gledhill have advised Hotel101 Global, the hotel arm of Philippines-listed real estate firm DoubleDragon, on its $2.3 billion proposed Nasdaq listing through a SPAC merger.

AZB, Khaitan, SAM guide Sterlite-GIC $1 bln power JV

by Nimitt Dixit |

Indian law firms AZB & Partners and Khaitan & Co have advised energy company Sterlite Power and Shardul Amarchand Mangaldas has represented Singapore sovereign wealth fund GIC on the creation of their joint venture to build a power transmission platform in India.

Cleary, A&G advise Japan’s Mitsui on $360 mln Ecuador shrimp deal

by Sarah Wong |

U.S. law firm Cleary Gottlieb Steen & Hamilton, Singapore’s Allen & Gledhill and two Ecuadorian firms have advised Japanese trading house Mitsui & Co on its $360 million investment in an Ecuadoran shrimp farming company.

Skadden, AMT, MHM, Davis Polk advise on Trial Holding’s $258 mln Japan IPO

by Nimitt Dixit |

Skadden, Arps, Slate, Meagher & Flom and Anderson Mori & Tomotsune have advised Japanese discount-store chain operator Trial Holdings on its $258 million initial public offering on the Tokyo Stock Exchange (TSE), the largest IPO of the year so far.

SAM, HSF guide BAT’s $2.1 bln ITC share sale

by Nimitt Dixit |

Indian law firm Shardul Amarchand Mangaldas & Co and Herbert Smith Freehills have guided British American Tobacco (BAT) on its $2.1 billion strategic divestment in Indian tobacco giant ITC.

SAM, JSA, Trilegal advise on $300 mln Bharat Highways InvIT IPO

by Nimitt Dixit |

Shardul Amarchand Mangaldas has advised the sponsor, investment manager and Bharat Highways InvIT (infrastructure investment trust) on its  $300 million initial public offering in India, with J. Sagar Associates advised the lead managers.