King & Spalding and SyCip Salazar Hernandez & Gatmaitan have advised Japan’s Jera on its $1.58 billion acquisition of stake in Philippines’ Aboitiz Power from its parent company Aboitiz Equity Ventures (AEV), which was represented by Skadden Arps, Slate, Meagher & Flom and Cruz Marcelo & Tenefrancia.

Sycip Salazar Hernandez & Gatmaitan was crowned as the Philippine Law Firm of the Year at the 2017 edition of the ALB Philippine Law Awards, snapping up the biggest prize of the yearly event.