NEWS | deals >>
Firm: Walkers Lead lawyers: Denise Wong Client: International Far Eastern Leasing • Commerce & Finance was PRC Zhu Xiaohui Tian Yuan legal advisor to China South City’s US$404m IPO • Sinochem is major shareholder of International Far Eastern Leasing
| CHINA/KOREA | ►► China Unicom – SK Telecom share buyback 中国联通购回韩国SK Telecom特权股 Value: US$1.3bn Firm: Orrick Herrington & Sutcliffe Lead lawyer: David Cho Client: SK Telecom Firm: Freshfields Lead lawyer: Teresa Ko Client: China Unicom
• Simpson Thacher’s team included at least 19 partners and lawyers in Hong Kong, Beijing, New York, Palo Alto and London
"The VisionChinaDigitalMedia Group acquisition will provide China with a platform for the development of a nationwide digital mobile television industry and exemplifies the emerging strength of the Chinese technology economy" David Lee, Orrick Herrington & Sutcliffe
| CHINA/TAIWAN |
| CHINA/HONG KONG |
Firm: Debevoise & Plimpton Lead lawyer: John Vasily Client: AIG Firm: Lee and Li Client: AIG • China Strategic Holdings holds 80% of Primus Nan-Shan Holding shares • Debevoise worked with AIG on several other recent matters; Lee and Li has been involved in a number of Nan Shan’s acquisitions • Given the complexity of the deal, law firms had to form large global teams to handle important issues
►► VisionChina Media – Digital Media Group acquisition 华视收购DMG Value: US$160m
• Freshfields and Orrick have both worked for assigned telecom companies since 2002
Firm: Simpson Thacher Lead lawyers: Chris Lin, Ian Ho, Richard Lin, Frank Chen, Townshine Wu, Katharine Moir, Daniel Foster Client: VisionChina Media
• Teresa Ko previously advised China Unicom on US$1bn alliance with Spain’s Telefónica
Firm: Grandall Client: VisionChina Media
| CHINA/TAIWAN | ►► Primus Nan-Shan Holding – Nan Shan Life Insurance acquisition 博智金融中策集团收购南山 人寿 Value: US$2.15bn
Firm: Freshfields Lead lawyers: Robert Ashworth, Chris Wong Client: China Strategic Holdings Firm: Simpson Thacher Client: Primus International Firm: LCS & Partners Client: Primus International
Firm: Orrick, Herrington & Sutcliffe Lead lawyers: David Lee, Mark Seneca, Steve Malvey, Elizabeth Cole, Nancy Chen Client: Digital Media Group Firm: Beijing Sino-Promise Client: Digital Media Group • This transaction is subject to customary closing conditions • Deal represents one of the largest acquisitions involving a venturebacked China-based private company by a public company
►►Merrill Lynch Far East – Tianneng Power International share placement 天能动力配股 Value: US$50m
Firm: Fried Frank Lead lawyers: Victoria Lloyd, Joshua Wechsler Client: Merrill Lynch • Fried Frank recently advised underwriters of China Lilang US$150m IPO
| CHINA/HONG KONG | ►► Canadian Solar share listing 阿特斯加拿大CSI上市 Value: US$108m
Firm: Haiwen & Partners Lead lawyer: Bian Hao Client: Underwriters
David Zhang Latham & Watkins
Firm: STB Lead lawyer: Chris Lin Client: Underwriters • Haiwen was legal advisor to BBMG on its Hong Kong IPO worth US$884m • Chen & Co assisted Sinopharm on its US$1.13bn IPO on HKSE
| CHINA/HONG KONG | ►► Evergrande IPO 恒大地产二次上市
Firm: Chen & Co Lead lawyer: Lin Zhong Client: Issuer Firm: Latham & Watkins Lead lawyers: David Zhang, Allen Wang Client: Issuer
Firm: WeirFoulds Lead lawyer: Wayne Egan Client: Issuer
Value: US$780m
Firm: Commerce & Finance Client: Issuer
Lin Zhong Chen & Co
Firm: Sidley Austin Client: Issuer Firm: Maples and Calder Client: Issuer Firm: Freshfields Client: Underwriter
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ISSUE 6.11