Ever Harmonic’s $253 Million Acquisition Of 50.91% Stake In Clear Media Limited

Kirkland & Ellis advised Clear Channel Outdoor Holdings, Inc. in the transaction. Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) has entered into an agreement to irrevocably tender to sell its 50.91% stake in Clear Media Limited, an indirect, non-wholly owned subsidiary of the Company based in China, to Ever Harmonic Global Limited. Under the terms […]

Siemens’ $279 Million Acquisition Of C&S Electric Ltd In New Delhi

S&R Associates advised C&S Electric Limited on the deal. Siemens acquired C&S Electric Ltd, a leading provider of electrical and electronic equipment, for ?2,100 crore (approx. $279 million). Siemens AG is an engineering and manufacturing company. The Company focuses on areas of electrification, automation, and digitalization. Siemens also provides engineering solutions in automation and control, […]

Berjaya Corporation’ JPY49 Billion Sale Of Four Seasons Hotel Kyoto & Hotel Residences Kyoto

Clifford Chance has advised Berjaya Corporation Berhad and its subsidiary, Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha on this transaction. The five-star Hotel commenced operations in 2016 under the Four Seasons brand. The development was Berjaya’s first hotel development project in Japan. Godo Kaisha Tigre acquired the hotel component. The Clifford Chance team, who began […]

People’s Bank of China’s RMB 10 Billion Six-month Bills Offering In Hong Kong SAR

Linklaters advised the People’s Bank of China on this deal. On 26 March 2020, the People’s Bank of China (PBOC) successfully issued RMB 10 billion six-month Bills in Hong Kong SAR through the tendering platform CMU BID operated by the Hong Kong Monetary Authority (HKMA), with the final interest rate of 2.19%. This is the […]

Udenna’s Acquisition Of Chevron’s Stake In The Malampaya Gas Field In The Philippines

Ashurst advised ANZ and ING on this transaction. ANZ and ING acted as the mandated lead arrangers and bookrunners in relation to a US$400 million reserve based lending facility to finance Udenna’s acquisition of Chevron’s 45% operating interest in the Malampaya gas field offshore Palawan, Philippines. The Malampaya gas field is developed and operated by […]

InnoCare Pharma Limited’s $287 Million Initial Public Offering

Davis Polk advised InnoCare Pharma Limited on the deal. InnoCare Pharma Limited executed its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. The gross proceeds from the offering amounted to approximately HK$2.24 billion ($287 million) prior to any exercise of […]