Welling Holding Limited’s $237 Million Privatisation

Hogan Lovells has represented Welling Holding Limited (“Welling”) (HKSE: 382) in its privatisation by Midea International Corporation Company Limited, a wholly-owned subsidiary of Midea Group Co., Ltd. (“Midea Group”) (000333.SZ), by way of a scheme of arrangement under section 673 of the Hong Kong Companies Ordinance. This is the third successful privatisation in Hong Kong […]

Bank of Gansu Co., Ltd.’s HK$6 billion initial public offering on the Hong Kong Stock Exchange

Latham & Watkins has advised Bank of Gansu Co., Ltd. on its approximate HK$6 billion initial public offering on the Main Board of The Stock Exchange of Hong Kong Limited. The offering consists of 2,212,000,000 H shares (subject to the over-allotment option) sold at an offer price of HK$2.69 per share. Four cornerstone investors — […]

ORIX Corporation’s US$60 million investment in the holding company of Dianrong

Latham & Watkins advised ORIX Corporation (ORIX) on its US$60 million investment in the holding company of Dianrong (Dianrong) through ORIX Asia Capital (OAC), its wholly owned investment vehicle in the Greater China region. Founded by Soul Htite, co-founder of LendingClub (LC), the first and largest Peer-to-Peer lending platform in the US, Dianrong is a […]

Super Retail Group Limited’s AUD135 million acquisition of majority interest in Macpac Holdings

K&L Gates has advised private equity firm CHAMP Ventures on the sale of its majority share in outdoor clothing and equipment retailer Macpac Holdings Pty Limited to Super Retail Group Limited for AUD135 million. The K&L Gates team that advised CHAMP Ventures on all legal aspects relating to the sale was led by Sydney corporate […]

Wabtec Corporation’s acquisition of Lynxrail, the railroad technology division of Lynx Engineering Consultants

K&L Gates has advised leading global provider of products and services for rail and industrial markets, NYSE-listed Westinghouse Air & Brake Technology Group (Wabtec) on its acquisition of Lynxrail, the railroad technology division of Lynx Engineering Consultants Pty Ltd. Established in 1993 in Perth, Lynx Engineering developed a range of innovative technologies for the rail […]

Veriu’s Acquisition of Punthill Apartment Hotels

Arnold Bloch Leibler (ABL) has advised the Caras family on the sale of the Punthill Apartment Hotels business to Sydney based boutique hotel operator, Veriu. Punthill Apartment Hotels offers self-contained apartment hotels in Melbourne and Brisbane ideal for long stays. The Firm manages 13 locations across Melbourne & Brisbane. ABL Corporate Partner Jonathan Wenig (picture) […]

Orora Limited’s long term power purchase agreement with Pacific Hydro

Allens has acted for Orora Limited on its long term power purchase agreement (PPA) with global renewable energy provider, Pacific Hydro. Under the terms of the agreement, Orora will acquire renewable energy from Pacific Hydro’s Clements Gap wind farm for Orora’s electricity demand for its South Australian operations, including the Gawler Glass facility. Orora Limited […]

Global Restructuring of Takata Corporation and Subsidiaries

Davis Polk Advising Volkswagen AG on the matter In February 2017, Takata Corporation pleaded guilty to wire fraud in connection with the Takata group’s manufacture of airbag inflators containing non-desiccated phase-stabilized ammonium nitrate (“PSAN”), and agreed to pay $850 million in restitution to original equipment manufacturers (“OEMs”), including Volkswagen. Since then, Takata Corporation has entered […]

SoftBank Vision Fund’s investment in two technology companies in the Ping An group

Slaughter and May advised SB Investment Advisers (UK) Limited (SBIA), an investment adviser to SoftBank Vision Fund, on SoftBank Vision Fund’s investment in two technology companies in the Ping An group – Ping An Healthcare and Technology Company Limited (Ping An Good Doctor) and Ping An Medical and Healthcare Management Co., Ltd. (Ping An Healthcare […]

Prudential Financial’s Acquisition of a stake in Peak Reinsurance Holdings Limited

Morgan Stanley acted as exclusive financial advisor to Peak Re on the Transaction. Debevoise & Plimpton LLP advised Prudential Financial, Inc. A wholly-owned subsidiary of U.S.-headquartered Prudential Financial, Inc. (“PFI”), has signed definitive agreements to purchase a minority stake in Peak Reinsurance Holdings Limited (“Peak Re Holdings”), the sole and direct shareholder of Peak Re […]