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Haiwen, CC advise on China TCM's $2 billion take-private deal
By HU YANGXIAOXIAO 胡阳潇潇

Sinopharm Group, an investment consortium led by Sinopharm Group, and China Traditional Chinese Medicine Holdings (China TCM) recently announced a take-private deal for the Hong Kong-listed China TCM through a scheme of arrangement.

The total transaction amount is approximately $2 billion, marking the largest take-private deal announced so far this year.



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CLOSING SOON: ALB Super 50 Dispute Lawyers 2024
In its July 2024 issue, ALB is spotlighting the Super 50 Disputes Lawyers in Asia.
SURVEY LINK HERE
Deadline: April 26, 2024


Japan’s TMI establishes 2nd Malaysia alliance, sets up new office
Major Japanese law firm TMI Associates has entered into an alliance with Malaysian law firm SY Teo & Co, set up by Sze Yi Teo, an associate in TMI’s Singapore office. The alliance will also establish an office in Kuala Lumpur under the name of SY Teo & Co in Association with TMI Associates.

CC, Slaughters advise as HK-listed SciClone goes private for $1.13 bln
Clifford Chance has advised the Hong Kong-listed SciClone Pharmaceuticals on an offer to take it private by healthcare-focused private equity firm GL Capital, with Slaughter and May acting for the buyer’s financial adviser, Capital Corporation Hong Kong Securities (CICC).

LAST CALL: ALB Rising Stars Singapore 2024
We are now accepting submissions for ALB’s Rising Stars Singapore list, which will be published in the July 2024 issue of ALB Asia.
DOWNLOAD FORM HERE
Deadline: April 26, 2024


NRF adds banking partner from Bakers in SG
Global law firm Norton Rose Fulbright has bolstered its banking and finance capabilities in Singapore with the addition of Beelee Seah from Baker McKenzie, where he was a local principal.

Dentons, CMS, Eng advise on $1.25 bln Europe student housing deal
Dentons has advised Singaporean real estate company Mapletree Investments on its one-billion-pound agreement ($1.25 billion) to acquire 8,192 student housing beds across 19 cities in the UK and Germany from Cuscaden Peak Investments, which was advised by CMS, Eng and Co, and Carey Olsen.

Khaitan expands new Ahmedabad office with disputes hire
Khaitan & Co, India’s largest law firm by headcount, has welcomed aboard disputes expert Digant Popat as a partner in its recently launched Ahmedabad office.

Latham taps rival MoFo for M&A partner in Tokyo
Global law firm Latham & Watkins has turned to U.S. rival Morrison & Foerster to bolster its M&A capabilities in Japan with the hire of deals and private equity partner Yohei Nakagawa in Tokyo.

KPMG Hong Kong law firm founder heads to CRS
UK law firm Charles Russell Speechlys has hired a team of four attorneys from SF Lawyers, KPMG’s law firm in Hong Kong, led by the firm’s founder and managing partner, Shirley Fu.

CC, Davis Polk act on ChaPanda’s $330 mln Hong Kong IPO
Davis Polk & Wardwell and Jingtian & Gongcheng have advised Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda, on its $330 million IPO on the Hong Kong Stock Exchange, with Clifford Chance and King & Wood Mallesons acting for the sponsor CICC and underwriters.

Mumbai: AZB lands tax partner from IndusLaw
Tax lawyer Shruti KP has left the partnership at IndusLaw to join AZB & Partners in Mumbai.

Latham, CAM advise on $370 mln India gas deal
Latham & Watkins and Cyril Amarchand Mangaldas have advised a Japanese consortium on its $370 million primary investment into India’s AG&P LNG Marketing.

JSA makes 2nd partner hire in a week as disputes lawyer returns
Indian law firm J. Sagar Associates has added a second partner in a week after welcoming back disputes pro Harshavardhan Abburi in Hyderabad. He becomes the firm’s only partner based in the southern city.

SAM picks up CAM capital markets partner in Mumbai
Indian law firm Shardul Amarchand Mangaldas & Co has hired a second capital markets partner in 2024 with the addition of partner Rohit Tiwari from rival Cyril Amarchand Mangaldas in Mumbai.

CAM, JSA advise on NHAI InvIT $870 mln investment top-up
Indian law firm Cyril Amarchand Mangaldas has advised NHAI InvIT (National Highways Infra Trust) (NHIT), a privately listed infrastructure investment trust, on the $740 million issuance of its units by way of an institutional placement to eligible investors


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ALB Super 50 Dispute Lawyers 2024
In its July 2024 issue, ALB is spotlighting the Super 50 Disputes Lawyers in Asia.
SURVEY LINK HERE
Deadline: April 26, 2024


ALB Rising Stars Singapore 2024
We are now accepting submissions for ALB’s Rising Stars Singapore list, which will be published in the July 2024 issue of ALB Asia.
DOWNLOAD FORM HERE
Deadline: April 26, 2024


ALB Asia's Top 15 Female Lawyers 2024
ALB is now accepting nominations for our Top 15 Female Lawyers in Asia ranking. We encourage you to nominate outstanding female lawyers who demonstrate excellence in their practice, commitment to innovation, and dedication to the community.
DOWNLOAD FORM HERE
Deadline: May 31, 2024


ALB INDIA SUPER 50 2024
In this listing, ALB will pick the most highly recommended private practice lawyers based permanently in India.
SURVEY LINK HERE
Deadline: June 7, 2024

As one of Japan’s Big Four law firms, Anderson Mori & Tomotsune has made it its mission to improve diversity and inclusion, or D&I, across the firm and Japan’s legal industry. 

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ALB Employer of Choice 2024
Law firms struggle to retain younger members. Generative artificial intelligence (Gen AI) brings risks and opportunities. Safe Gen AI integration is vital, but prioritizing human-centric approaches like care and communication is key to retaining talent. Top Asian law firms agree.
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2023 ALB surveys and rankings
Click here to access the full list of surveys and rankings that are currently underway and open for submissions. 
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