Ping’s $150 Million Equity Investment In GDS Holdings Limited

The Firm represented GDS Holdings Limited (“GDS”) (NASDAQ: GDS) in connection with its US$150 million equity investment by China Ping An Insurance Overseas (Holdings) Limited (“Ping An Overseas Holdings”). The investment will be in the form of convertible preferred shares. GDS will use the proceeds from the investment to fund expansion of its data center […]

CANbridge Pharmaceuticals’ Licensing Agreement in China with GC Pharma

Ropes & Gray advised biopharmaceutical firm CANbridge Pharmaceuticals Inc. on the deal CANbridge Pharmaceuticals Inc. closed an exclusive licensing agreement in China with GC Pharma, a South Korea-based company and one of the world’s largest protein products manufacturers, to commercialize Hunterase, a human recombinant iduronate-2 –sulfatase enzyme replacement therapy for the treatment of Hunter syndrome. […]

Dexin China’s $190 Million Initial Public Offering

O’Melveny recently represented Dexin China Holdings Company Limited in its US$190 million initial public offering on the Main Board of the Hong Kong Stock Exchange (2019.HK). CCB International Capital Limited is the sole sponsor and the sole global coordinator of the IPO. CCB International Capital Limited, BOCOM International Securities Limited and China Everbright Securities (HK) […]

Daiwa House REIT’s $315 Million Follow-On Offering

Simpson Thacher represented the international joint lead managers in connection with a follow-on offering of Daiwa House REIT Investment Corporation, which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥35.2 billion (approximately US$315 million) for the issuer, which will be used with bank financing to […]

Gingko Education’s $22 Million Initial Public Offering

Wilson Sonsini Goodrich & Rosati advised the sole sponsor and sole global coordinator, China Securities (International) Corporate Finance Company Limited, as well as the other underwriters, in the global offering and listing. China Gingko Education Group Company Limited (“Gingko Education,” stock code: 1851), a private college and vocation firm based in the southwestern Chinese province […]

Blackstone’s 50% Acquisition Of Taubman Interests In Three Asia Shopping Centers

Simpson Thacher is representing Blackstone in its acquisition of 50% of Taubman Asia’s interests in three Asia-based shopping centers – Starfield Hanam, CityOn.Xi’an and CityOn.Zhengzhou (located in Hanam, South Korea; Xi’an, China; and Zhengzhou, China, respectively). Taubman Asia is a subsidiary of Taubman Centers, Inc. (NYSE: TCO), an S&P MidCap 400 Real Estate Investment Trust […]

PVH Corp.’s AU $268 Million Acquisition Of 100% Of Gazal Corporation Limited

Clifford Chance is advising global fashion business, NYSE-listed PVH Corp. (PVH), on its proposed acquisition of 100% of Gazal Corporation Limited by scheme of arrangement. Gazal is PVH’s joint venture partner in Australia, New Zealand and other parts of Oceania for the distribution of apparel under certain PVH-owned brands, as well as other owned and […]

The Korea Development Bank’s $1 Billion Notes Offering

Davis Polk advised the underwriters in connection with an SEC-registered Schedule B debt offering by The Korea Development Bank of $500 million aggregate principal amount of its 3.00% notes due 2022 and $500 million aggregate principal amount of its 3.25% notes due 2024. BNP ParibasGoldman Sachs International, Merrill Lynch, Pierce, Fenner & Smith, Mirae Asset […]