Bank of Queensland Ltd said it will buy the professional finance and leasing arm of South African-owned Investec's Australian unit for A$440 million ($414 million), aiming to boost credit quality and diversify outside its home state.

Shearman & Sterling, Crawford Bayley & Co and S. H. Bathiya & Associates have advised Sun Pharmaceutical on its takeover of Daiichi Sankyo-owned Ranbaxy Laboratories for $3.2 billion in an all-stock deal, the biggest ever transaction in the Indian pharmaceutical industry.

Norton Rose Fulbright has hired Sheela Moorthy, previously the head of corporate in Singapore at DLA Piper, as a partner.

Yoon & Yang has hired Do Hyung Kim as a partner in the firm’s M&A group in Seoul.

Oman's central bank has set new caps on banks' credit exposure to non-residents and funds placed abroad, giving lenders six months to comply.

Slaughter and May is advising Singapore’s Oversea-Chinese Banking Corp (OCBC) on its offer to buy Wing Hang Bank, one of Hong Kong’s last remaining family-owned banks, for $4.95 billion.

Sidley Austin has advised Malaysia’s Axiata Group on its Indonesian subsidiary’s acquisition of Axis Telekom Indonesia from Saudi Telecom Company (STC), which was guided by Freshfields.

Papua New Guinea energy company Oil Search Ltd launched a fight on Friday to contest French oil giant Total SA's purchase of a 40 percent stake in PNG's biggest undeveloped gas field.