Skadden advises Cemex on $650 mln Philippines divestment
BY Nimitt Dixit |U.S. law firm Skadden, Arps, Slate, Meagher & Flom has advised Mexico-based multinational building materials company Cemex on the sale of its operations and assets in the Philippines to Dacon Corporation, DMCI Holdings, and Seminara Mining and Power Corporation.
UK insurance firm Fenchurch to enter Asia with SG office
BY Nimitt Dixit |Insurance-focused law firm Fenchurch Law has expanded its offerings beyond the UK for the first time, announcing plans for an office in Singapore.
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.
White & Case guides TotalEnergies on $903 mln purchase of stake in Malaysia’s SapuraOMV
BY Mari Iwata |White & Case has advised French energy group TotalEnergies on its $903 million acquisition of a 50 percent stake in Malaysia-headquartered SapuraOMV from Austrian oil and gas company OMV.
BRIEFS: Cost, Talent Considerations Loom as PRC Firms Make U.S. Forays
BY Sarah Wong |In a stark contrast to international law firms, PRC law firms – even the giants amongst them – have traditionally been characterised as domestic players, dotting the vast internal market with offices and creating a self-sustaining ecosystem.
NRF guides HK tissue, diaper maker Vinda on $3.3 bln offer
BY Nimitt Dixit |Global law firm Norton Rose Fulbright is advising Hong Kong-headquartered tissue and diaper maker Vinda International Holdings on its $3.3 billion proposed acquisition by Royal Golden Eagle (RGE), owned by Indonesian billionaire Sukanto Tanoto.
HSF, Davis Polk act on $514 mln SoftBank smart-vehicle deal
BY Nimitt Dixit |Global law firms Herbert Smith Freehills and Davis Polk & Wardwell and Irish firms William Fry and Arthur Cox have advised on Japanese giant SoftBank Corp’s $514 million acquisition of a 51 percent equity stake in Dublin-based connected-vehicle technology provider Cubic Telecom.
CAM, Bakers, A&O, AZB advise on $1 bln sale of Aster’s Gulf business
BY Nimitt Dixit |Indian law firm Cyril Amarchand Mangaldas has advised India’s Aster DM Healthcare on the sale of its Gulf Cooperation Council (GCC) business for $1 billion to a consortium led by UAE sovereign-owned private capital firm Fajr Capital and Affinity Holdings, a company held by Aster’s promoters.
Shearman, AMT, White & Case, MHM act as Japan’s Benesse goes private for $1.78 bln
BY Mari Iwata |Shearman & Sterling and Anderson Mori & Tomotsune are advising Japanese educational services provider Benesse Holdings on a 270-billion-yen ($1.78 billion) management buyout (MBO) plan proposed by Swedish investment house EQT AB Group, represented by White & Case. Mori Hamada & Matsumoto act for the all stakeholders on this MBO scheme.
Slaughters, Skadden guide $1.8 bln acquisition of Coke Philippines
BY Mari Iwata |Slaughter and May, Villaraza & Angangco, Skadden, Arps, Slate, Meagher & Flom, SyCip Salazar Hernandez & Gatmaitan have advised the buyers on a $1.8 billion acquisition of Coca-Cola Beverages Philippines (CCBPI) from Coca-Cola.
Freshies, CAM, AZB act on $488 mln Swiss-India insurance deal
BY Nimitt Dixit |Freshfields Bruckhaus Deringer, Cyril Amarchand Mangaldas and AZB & Partners have advised on Zurich Insurance Company’s $488 million acquisition of a majority stake in Kotak Mahindra General Insurance Company from Kotak Mahindra Bank.
Arbitration-focused firm Peter & Kim launches Zurich presence
BY Sarah Wong |Swiss-Korean firm Peter & Kim, which specialises in international arbitration, has broadened its presence in Europe with a new office in Zurich. The office is its second in Europe, to go with its headquarters in Geneva.