Davis Polk & Wardwell has advised Hong Kong-listed global sourcing and logistics group Li & Fung Ltd on its $931 million proposed privatization by Golden Lincoln Holdings Limited, which was represented by Kirkland & Ellis.

Slaughter and May advised Morgan Stanley as financial adviser to Golden Lincoln, meanwhile Conyers acted as Bermuda counsel in the deal.

According to Reuters, Golden Lincoln is an entity formed by the Founder Group, which was counselled by Freshfields Bruckhaus Deringer, of Li & Fung and Singaporean warehousing and logistics firm GLP. Li & Fung was founded in 1906 and supplies clothing and other products to retailers worldwide.

The Davis Polk team was led by partners Chu Yang and Martin Rogers. The Kirkland team was led by partners Nicholas Norris and Joey Chau, while the Slaughter and May team led by partner Lisa Chung.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com. 

Related Articles

A&O Shearman advises Allianz on $1.6 bln Singapore insurance deal

by Nimitt Dixit |

A&O Shearman has advised German insurer Allianz on the acquisition of a 51 percent stake in Singapore's Income Insurance for S$2.2 billion ($1.6 billion), the latest major deal in Singapore’s buzzing insurance sector.

INDIA REPORT: Merger Momentum

by Nimitt Dixit |

Despite global uncertainties, India's M&A landscape remains robust, with domestic deals driving growth and diverse sectors attracting investments. Experts predict a positive outlook for H2 2024, bolstered by policy continuity and abundant dry powder.

Simpson Thacher, Nishimura act on Blackstone’s $2.17 bln Japan pharma sale

by Nimitt Dixit |

Japanese law firm Nishimura & Asahi has represented private equity group MBK Partners on its acquisition of drugmaker Alinamin Pharmaceuticals for 350 billion yen ($2.17 billion) from PE giant Blackstone, which was advised by its longstanding firm Simpson Thacher & Bartlett.