Morrison & Foerster has represented Fujifilm Holdings on its $2.3 billion acquisition of Xerox Corporation’s stake in Fuji Xerox, with King & Spalding advising the seller.

Cyril Amarchand Mangaldas has advised India’s Bajaj Finance Limited on its 85-billion-rupee ($1.2 billion) qualified institutions placement (QIP), with Duane Morris & Selvam and Khaitan & Co representing the book-running lead managers.

Hogan Lovells is set to welcome back Laurence Davidson as a partner in the firm’s corporate practice in Hong Kong from Chinese investment conglomerate HNA Group, where he was a senior counsel.

Milton Cheng, the managing partner of Baker McKenzie’s Hong Kong office has been elected as the next chair of the firm, the first lawyer from Asia to take on the role in the firm’s history.

Backed by a strong baht and loaded with cash, Thai companies have ramped up acquisitions overseas, with neighbouring countries in the ASEAN region offering some of the most attractive targets. And while developing economies such as Vietnam, Myanmar and Cambodia offer exciting opportunities, those come with challenges as well, lawyers say.

Indian law firm IndusLaw has hired M&A lawyer Revathy Muralidharan as a partner in its Mumbai office from J. Sagar Associates, and also established a separate office in the city for its litigation practice.

Rajah & Tann and Allen & Gledhill have advised a joint venture between Allianz Real Estate and Gaw Capital on its agreement to acquire the Duo Tower and Duo Galleria in Singapore for S$1.6 billion ($1.15 billion).

Dentons has announced a proposed combination with South Korean firm Lee International, which it says would make it the only international firm with a Korean legal practice.

Duane Morris has grown its corporate practice in Vietnam with the hire of Lang Thi Nguyen as a partner in Ho Chi Minh City from local boutique Frasers Law Company.

Japan has made changes to its M&A guidelines after more than a decade, the Financial Times has reported, as the market gets ready for an expected spree of management buyouts and companies taking over listed subsidiaries.