Paul Hastings advises Korean gaming firm on $315 mln IPO

by Asian Legal Business《亚洲法律杂志》 |

U.S. law firm Paul Hastings has advised Tencent-backed South Korean gaming company Shift Up on its 435-billion-won ($315 million) initial public offering on the Korea Exchange.

This is South Korea’s second-largest IPO in 2024. Tencent is Shift Up's second-largest shareholder with a 40 percent stake, which is expected to shrink to about 35…

Latham, Links advise on Malaysia's largest IPO in 2 years

Latham & Watkins and Mah-Kamariyah & Philip Koh have advised Malaysian palm oil company Johor Plantations Group on its 735-million-ringgit ($157 million) initial public offering, the country's biggest in more than two years.

A&O Shearman, CC, AZP, AHP guide Indonesia’s $2.35 bln global sukuk issue

by Nimitt Dixit |

Global law firms Clifford Chance and A&O Shearman and local law firms AZP Legal Consultants and Assegaf Hamzah & Partners (AHP) have advised on the issuance of Indonesia’s landmark $2.35 billion global sukuk.

JSA, IndusLaw, A&O Shearman act on $401mln IndiGo divesture

by Nimitt Dixit |

J. Sagar Associates has advised Interglobe Enterprises on a 2 percent divesture in low-cost Indian airline IndiGo for 33.6 billion rupees ($401 million). Citigroup, which bought IndiGo shares worth 13.6 billion rupees via the open market, was advised by IndusLaw and A&O Shearman.

India: Resolut, Khaitan guide investors in $665mln Zepto funding

by Nimitt Dixit |

Resolut Partners and Khaitan & Co have guided lead investor Glade Brook Capital Partners and co-investor Lightspeed, respectively, on a $665 million investment into Indian e-commerce company Zepto.

White & Case guides $380mln U.S.-Japan LNG deal

by Nimitt Dixit |

Global law firm White & Case has advised Japan Petroleum Exploration Co. (JAPEX) on the acquisition through its U.S. subsidiary of an equity interest in Gulf Coast LNG Holdings, which owns an interest in the Freeport LNG project in Texas, from JERA Americas for approximately $380 million.

CC acts on $870 mln HK telecom infra deal

Magic Circle law firm Clifford Chance has advised China Merchants Capital (CMC) on its $870 million investment for a 40 percent stake in the fibre assets of HKT Trust & HK, a subsidiary of Hong Kong telecom group PCCW.

CAM, AZB advise on Holcim’s $10.5 bln India sale to Adani

by Mari Iwata |

​​​​​​​Cyril Amarchand Mangaldas has advised Indian conglomerate Adani Group on its $10.5 billion purchase of the Indian cement businesses of Switzerland’s Holcim, which has been advised by AZB & Partners.

Davis Polk, Harneys advise on Luckin Coffee’s debt restructuring

by Kristen Liu 刘诗宇 |

Davis Polk & Wardwell and Harneys have advised Luckin Coffee on the completion of its planned debt restructuring, which ends the cross-border bankruptcy proceedings under Chapter 15 of Title 11 of the U.S. Code.

CAM, Duane Morris, SAM, Links advise on India’s biggest IPO

by Mari Iwata |

​​​​​​​Cyril Amarchand Mangaldas (CAM) and Duane Morris & Selvam have advised Life Insurance Corporation of India (LIC) on its $2.7 billion IPO, with Shardul Amarchand Mangaldas & Co (SAM) and Linklaters advising the bookrunning lead managers.