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Hong Kong

Firm

Deal

Value

Client

Lawyer(s) involved

Skadden, Arps, Slate, Meagher & Flom

China Education Group’s IPO

HK$3.225 billion

(approximately $413 million)

China Education Group

Partners
Christopher Betts
Edward Lam

Asia Pacific counsel
Anthony Pang

Associates
Ryan Tou
Paul Mok
Wentao Yuan
Will Wang
Arthur Chan

International legal project manager
Xu Zheng

Davis Polk & Wardwell

Tencent and TME’s acquisition of minority stakes in Spotify

Spotify’s acquisition of minority stakes in TME

Undisclosed

Tencent

Tencent Music Entertainment (TME)

Partners

Miranda So

Howard Zhang

 

International legal project manager

Brian Snyder

 

Registered foreign lawyer

Xi Shi

Clifford Chance

Kofu International and Concord Greater China’s sale of direct and indirect interest in Sun Art Retail

$2.88 billion

Kofu International and Concord Greater China

Partners

Terence Foo

Frank Yuen

Edith Leung

 

Senior associates
Seow Tzi-Yang
Janet Jiang

 

Trainee

Jiangzhou Lan

Maples and Calder

Wine's Link IPO

HK$90 million

(approximately $11.5 million)

Wine's Link

Partner

Derrick Kan

Associate

Sophie Yu

P. C. Woo & Co

Wine's Link IPO

HK$90 million

(approximately $11.5 million)

Wine's Link

 

Sidley Austin

Wine's Link IPO

HK$90 million

(approximately $11.5 million)

Innovax Capital

 

Maples and Calder

Shandong Iron and Steel Xinheng’s issuance of guaranteed bonds due 2021

$200 million

Shandong Iron and Steel Xinheng (British Virgin Islands)

Partner

Lorraine Pao

Maples and Calder

Haitian (BVI) International Investment Development’s issue of guaranteed bonds due 2020

$400 million

Haitian (BVI) International Investment Development

Partner

Lorraine Pao

Associate

Juno Huang

Davis Polk & Wardwell

Cinda HK’s issuance of guaranteed senior notes

$545 million

China Cinda (HK) Holdings

Partner

Paul Chow

Counsels

Margie Chan

Yang Chu

Alon Gurfinkel

 

Associate

Veronica Orecharova

Maples and Calder

Alibaba Group’s underwritten unregistered public offering of senior unsecured notes

$7 billion

Alibaba Group

Partner

Richard Spooner

Associate

Karen Zhang Pallaras

Davis Polk & Wardwell

Orient HuiZhi’s issue of bonds

$500 million

Orient Securities

Partner

Paul Chow

Counsels

Margie Chan

Alon Gurfinkel

 

Associates

Bingqing Pan

Hei Tung Cheng

Omer Harel

Maples and Calder

Everbright Grand China Assets’ IPO

HK$156 million

(approximately $20 million)

Everbright Grand China Assets

Partner

Derrick Kan

Associate

Sophie Yu.

Bakers McKenzie

Everbright Grand China Assets’ IPO

HK$156 million

(approximately $20 million)

 

Everbright Grand China Assets

 

Mayer Brown JSM

Everbright Grand China Assets’ IPO

HK$156 million

(approximately $20 million)

China Everbright Capital

ABCI Capital

 

King & Wood Mallesons

Thing On Enterprise’s IPO

HK$223 million – before the exercise of over-allotment option

(approximately $28.5 million)

Thing On Enterprise

Partners

Candy Chan

Siu-Ngor Chow

 

Counsel

Ivy Man

Associates

Owen Ow

Jonathan Tsang

Jackson Poon

Lambert Chan

Libby Young

Ogier

Thing On Enterprise’s IPO

HK$223 million – before the exercise of over-allotment option

(approximately $28.5 million)

Thing On Enterprise

 

Mayer Brownb JSM

Thing On Enterprise’s IPO

HK$223 million – before the exercise of over-allotment option

(approximately $28.5 million)

KGI Capital Asia

Dongxing Securities (Hong Kong)

Tongfang Securities

Ever-Long Securities Company

 

Latham & Watkins

Bank of Gansu’s IPO

$761 million

Bank of Gansu

Partners

Cathy Yeung
Allen Wang

Paul Hastings

Bank of Gansu’s IPO

$761 million

CMB International Capital

CCB International Capital

Huatai Financial Holdings

Guotai Junan Capital

BOCI Asia

Partners

Raymond Li

Zhaoyu Ren

Bonnie Yung

 

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India

Firm

Deal

Value

Client

Lawyer(s) involved

AZB & Partners

Reco Diamond’s, an affiliate of GIC, acquisition of stakes in Rajdhani Investments & Agencies, Buland Consultants and Investments, Sidhant Housing and Development

89 billion rupees

($1.39 billion)

Government of Singapore Investment Corporation (GIC)

Partners

Sai Krishna Bharathan
Vivek Bajaj

Rahul Rai

 

Senior associates

Vydyanathan Lakshmanan

Ranjit Kumar

Rhea Mathew

Priyanka Bhat

Shivanghi Sukumar

Gaurav Bansal

AZB & Partners

KKR’S acquisition by way of debenturesin Pune Township

1.93 billion rupees

($30.3 million)

KKR India Asset Finance

Partners

Sai Krishna Bharathan

Sugandha Asthana

 

Senior associates

Atreya Bhattacharya

Amitesh Bhattacharya

AZB & Partners

Arrow Electronics’ acquisition of Einfochips

In excess of 19 billion rupees (approximately $300 million)

Arrow Electronics

Partners

Darshika Kothari

Sugandha Asthana

 

Senior associate

Rutunjay Singh

Associates

Khushboo Sukhwani
Pankhuri Govil

Kopal Sharraf

AZB & Partners

Hero’s acquisition of stakes in Corvi Led

0.63 billion rupees

(approximately $10 million)

Hero

Partners

Anil Kasturi
Nandita Govind

 

Senior associates

Siddharth Khanna

Shardul Amarchand Mangaldas

Union Bank of India's QIP

2000 crore rupees

(approximately $300 million)

Union Bank of India

Partners

Kaushik Mukherjee
Jay Parikh

 

Principal associate

Narayan Kedia

Senior associate

Murtaza Zoomkawala

Associates

Saswat Mohanty
Nirali Trivedi

Varun Kumar

Luthra & Luthra

Union Bank of India’s QIP

Approximately $307.7 million

Jefferies India

Edelweiss Financial Services

ICICI Securities

YES Securities

Partner

Ravi Dubey

Associates

Devaditya Chakraborty
Nikita Nagori

Soumya Cheedi

Shardul Amarchand Mangaldas

Nitin Spinners’ QIP

107 crore rupees

(approximately $16 million)

Nitin Spinners

Partner

Kaushik Mukherjee

Principal associate

Narayan Kedia

Senior associate

Murtaza Zoomkawala

Associate

Saswat Mohanty
Nirali Trivedi

AZB & Partners

Premier Travel Inn India’s acquisition of Premier Inn India

Undisclosed – in excess of $15 million

Premier Travel Inn India

Partner

Vinati Kastia

Associates

Anant Dang
Somya Rai

AZB & Partners

Lion Meadow’s acquisition of stakes in Bharti Telemedia

22.5 billion rupees

($350 million)

Bharti Airtel

Bharti Telemedia

Bharti Enterprises

Partner

Gautam Saha
Dushyant Bagga

 

Senior associate

Swati Chauhan

AZB & Partners

Future Retail’s acquisition of stakes in Hypercity

6.5 billion rupees

($99.4 million)

Future Retail

Senior partner

Ashwath Rau

Counsel

Prerak Ved

Associates

Nirmal Mahtani
Karishma Muravne

AZB & Partners

The Warranty Group’s acquisition of majority stakes in TVS TWG Warranty Solutions

Undisclosed

TVS Automobile Solutions

Partners

Srinath Dasari
Nanditha Gopal

 

Associate

Malaveeka Chakravarthy

Majmudar & Partners

Arneg’s acquisition of stakes in Ambience Airconditioning Equipment

120 million rupees

(approximately $1.8 million)

Arneg

Partner

Rukshad Davar

AZB & Partners

Google Asia Pacific’s acquisition of convertible cumulative preference shares in Dunzo Digital

811 million rupees

($12.5 million)

Google Asia Pacific

Partner

Chetan Nagendra

Senior associates

Malaveeka Chakravarthy
Amar Keralikar

AZB & Partners

Novartis India’s buyback of equity shares through the tender offer route

2.3 billion rupees

($35.6 million)

Novartis India

Partners

Sai Krishna Bharathan
Sugandha Asthana

AZB & Partners

Edelweiss Financial Services’ QIP

15.27 billion rupees

($237 million)

CDPQ Private Equity Asia II

Partners

Gautam Saha
Dushyant Bagga

 

Senior associate

Punita Gupta

 

AZB & Partners

DLF Limited’s acquisition of compulsory convertible debentures and warrants on a fuly diluted basis

112.5 billion rupees

($1.745 billion)

DLF Limited

Partners

Ajay Bahl
Allwyn Noronha

Ravi Prakash

Gautam Varma

 

Associate

Divyam Sharma

AZB & Partners

Abu Dhabi Investment Authority’s acquisition of minority stakes in KKR India Financial Investments

Undisclosed

KKR India Financial Investments

Partners

Darshika Kothari
Roxanne Anderson

 

Senior associate

Vasudha Asher

AZB & Partners

Xander Investments’ acquisition of SUN-Apollo Investment Holding

Xander Investments’ acquisition of Shriram Properties and Infrastructure

23 billion rupees

($350 million)

Xander Investments

Senior partner

Hardeep Sachdeva

Partner

Ravi Bhasin

Senior associates

Anshuman Singh
Devina Gupta

AZB & Partners

Nettle Infrastructure Investments’ sale of share capitals

33.2 billion rupees

($510 million)

Bharti Group

Partners

Gautam Saha
Sachin Mehta

Dushyant Bagga

AZB & Partners

Edelweiss Financial Services’ QIP

15.27 billion rupees

($237 million)

CDPQ Private Equity Asia

Partners

Gautam Saha
Dushyant Bagga

 

Senior associate

Punita Gupta

AZB & Partners

CDC’s acquisition of stakes in Utkarsh Micro Finance

1.5 billion rupees

($23.3 million)

CDC Group

Partners

Gautam Saha
Pallavi Meena

 

Senior associate

Punita Gupta

AZB & Partners

Future Retail’s acquisition of Hypercity Retail India

6.5 billion rupees

($99.4 million)

Future Retail

Partner

Rahul Rai

Associates

Aditi Gopalakrishnan
Gaurav Bansal

AZB & Partners

OCM Private’s sale of majority shares

Undisclosed

Invesco Legal US / WL Ross & Co

Partners

Rajendra Barot
Arvind Ramesh

 

Associates

Dhruv Bhuta
Muqeet Drabu

AZB & Partners

Thomas Cook’s sale of shares in Quess Corp

7.23 billion rupees

($112 million)

Thomas Cook

Senior partner

Ashwin Ramanathan

Partners

Bhavi Sanghvi
Lionel D'Almeida

AZB & Partners

Infosys’ acquisition of approximately 20 percent of the aggregate paid-up equity share capital and free reserves through the buyback route.

130 billion rupees

(USD 2.03 billion)

Infosys Limited

Senior Partner

Sai Krishna Bharathan 

 

Partners

Sugandha Asthana
Harsh Maggon

 

Senior associate

Palaq Vora

AZB & Partners

Pater Infrastructure’s IPO

4 billion rupees

(approximately $62.5 million)

Book Running Lead Managers:SBI Capital Markets Limited; and IIFL Holdings Limited.

Partners

Varoon Chandra
Lionel D’Almeida

 

Senior associates

Richa Choudhary
Pamela Kar

J. Sagar Associates 

Southern Health Foods’ sale of shares held by Fulcrum Ventures to Morgan Stanley.

100 crore rupees

(approximately $15 million)

Southern Health Foods Private Limited

Partners

Aarthi Sivanandh
Dheeraj Nair

 

Principal associate

Bhavana Alexander

Senior associate

Kunal Kimani

Cyril Amarchand Mangaldas

Southern Health Foods’ sale of shares held by Fulcrum Ventures to Morgan Stanley.

100 crore rupees

(approximately $15 million)

Morgan Stanley PE

 

AZB & Partners

Electronic Payment Solutions’ acquisition of assets and contracts in NCR Corporation

555.14 million rupees

($8.67 million)

NCR Corporation India

Partner

Ashwin Ramanathan

Senior associates

Puneet Parihar
Pallavi Satpute

AZB & Partners

Eranthus Developer’s acquisition of NV Developers

2.1 billion rupees

(approximately $32.98 million)

Godrej Group

Partners

Sai Krishna Bharathan
Monika Bhonsale

 

Senior associate

Shivani Kabra

AZB & Partners

Silverview Investments’ acquisition of shares in Housing Development Finance Corporation

16 billion rupees

(approximately $251.7 million)

KKR & Co.

Partners

Darshika Kothari
Rushabh Maniar

Nilanjana Singh

Anand Shah

 

Senior associate

Ishan Handa

AZB & Partners

Yara Fertilisers India’s acquisition of TCL’s Urea business

26.8 billion rupees

($418.9 million)

Tata Chemicals (TCL)

Partners

Darshika Kothari
Anand Shah

 

Senior associates

Shriram Shah
Molla Hassan

 

Associate

Himanshoo Tembe

 

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Japan

FIRM

DEAL

VALUE

CLIENT

LAWYER(S) INVOLVED

Davis Polk & Wardwell

ORIX’ shelf take down of notes due 2024

$700 million

ORIX

Partner
Jon Gray

Counsels

Christopher J. Kodama
Alon Gurfinkel

 

Associates

Mari Foster
Shinya Fujiwara
Veronica Orecharova
Zixuan (Jennifer) Wang


Clifford Chance

VINCI Airports’ project agreement with Kobe City for the 42-year concession of Kobe Airport

Undisclosed

VINCI Airports

Partners
Ross Howard
Yusuke Abe

Counsel
Akihiko Takamatsu


Senior associates
Makiko Watanabe
Luna Hiraoka

Associate
Keisuke Otsuka

Clifford Chance

Toshiba’s share placement

$5.4 billion

 

Partners
Reiko Sakimura
Masayuki Okamoto
Masafumi Shikakura

Counsel
Chihiro Ashizawa

Senior associates
Yasuaki Dote
Hitomi Kurokawa
Yu Nimura

Associates
Yuki Hoshinaga
Hisao Ito
Yosuke Nomura
Keisuke Otsuka
Shin Setoyam

Skadden, Arps, Slate, Meagher & Flom

Nucleus Acquisition and Brookefield WEC Holdings’ acquisition of Toshiba’s claims against Westinghouse Electric

244.1 billion yen

(approximately $2 billion)

Toshiba

Partners
Mitsuhiro Kamiya
Van Durrer
Chris Mallon
Scott Hopkins

Counsel
Robert Warnement

Associates
Annie Li
Jason Hewitt

Nishimura & Asahi

Nucleus Acquisition and Brookefield WEC Holdings’ acquisition of Toshiba’s claims against Westinghouse Electric

244.1 billion yen
(approximately $2 billion)

Toshiba

Partners
Kenichi Minami
Daisuke Koriya
Yusuke Motoyanagi.

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Malaysia

Firm

Deal

Value

Client

Lawyer(s) involved

Wong & Partners

Ezyhaul raises seed funding to expand its market presence

$2 million

Ezyhaul

Partner

Stephanie Phua

Senior associate

Lydia Kong

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Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Gledhill

CITIC Envirotech’s update of multicurrency securities issuance program

$750 million

DBS Bank

Barclays Bank Singapore

CLSA

Partner

Sunit Chhabra

Allen & Gledhill

CITIC Envirotech’s issuance of senior perpetual securities under its multicurrency debt issuance programme

$240 million

DBS Bank

Barclays Bank Singapore

CLSA

Partner

Sunit Chhabra

Allen & Gledhill

OUE Treasury’s issuance of notes under multicurrency debt issuance programme

S$200 million

(approximately $151.4 million)

Oversea-Chinese Banking Corporation (OCBC)

Standard Chartered Bank

Partners

Margaret Chin

Sunit Chhabra

WongPartnership

HNA Holding Group’s acquisition of CWT

Approximately S$1.4 billion

(approximately $1 billion)

CWT

C & P Holdings

Liao family

Managing partner

Ng Wai King

Partners

Andrew Ang
Quak Fi Ling

Milton Toon

Chan Jia Hui

WongPartnership

Thai Beverage’s acquisition of Myanmar Supply Chain and Marketing Services and Myanmar Distillery

Approximately S$742 million

(approximately $560 million)

Thai Beverage Public Company

Partners

Annabelle Yip
Tan Sue-Lynn

Kevin Ho

WongPartnership

APAC Realty’s IPO

Approximately S$55 million

(approximately $40 million)

DBS Bank

Partners

Gail Ong

Long Chee Shan

WongPartnership

Singapore GP’s renewal of the contract agreement with Formula One for the staging of the Singapore Grand Prix

Undisclosed

Singapore GP

Partners

Mark Choy
Milton Toon

WongPartnership

Bridge Growth Partners' acquisition of BackOffice Associates

n/a

Bridge Growth Partners

Vivien Yui
(Partner)

King & Spalding

AES sale of its equity interests in Masinloc power plant to SMC Global Power Holdings

Approximately $2.4 billion

AES Corporation

Partner

Simon Cowled
Simon Dunbar

John Clay Taylor

Senior Associate

Ben Williams

Associates

Christophe L. Vauthier

Ji Nin Loh

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Thailand

Firm

Deal

Value

Client

Lawyer(s) involved

WongPartnership

Thai Beverage’s acquisition of Myanmar Supply Chain and Marketing Services and Myanmar Distillery

Approximately S$742 million

(approximately $560 million)

Thai Beverage Public Company

Partner

Annabelle Yip
Tan Sue-Lynn

Kevin Ho

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Vietnam

Firm

Deal

Value

Client

Lawyer(s) involved

Baker McKenzie

Adamed’s acquisition of majority stakes in Dat Vi Phu Pharmaceutical

$50 million

Dat Vi Phu Pharmaceutical

Partner

Lan Phuong Nguyen

Associate

Nguyen Vu Quynh Trang

Mayer Brown JSM

Standard Chartered Bank’s sale of entire stakes in Vietnam’s Asia Commercial Bank

$263 million

Standard Chartered Bank’s subsidiaries Standard Chartered APR and Standard Chartered Bank (Hong Kong)

Partners

David Harrison

Hoang Anh Nguyen

 

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