Skip to main content

Linklaters has advised Charoen Pokphand Group on its purchase of British retailer Tesco’s businesses in Thailand and Malaysia for $10.6 billion. Tesco was counselled by Freshfields Bruckhaus Deringer and Allen & Overy.

According to Reuters, the deal, which involves more than 2,000 stores in Asia, allows Tesco to focus its business on core operations in the UK, Ireland and Central Europe. In February, Tesco completed its exit from China with the 275-million-pound ($357 million) sale of its joint venture stake to state-run partner China Resources Holdings.

The Freshfields team was led by partners Claire Wills, Simon Weller, Keir MacLennan, Alastair Chapman and Alastair Mordaunt.

The Allen & Overy team was led by partner Suparerk Auychai.

Meanwhile, the Linklaters team was led by partners Wilailuk Okanurak, Pichitpon Eammongkolchai, Matthew Middleditch and Nathalie Hobbs.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.