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Kaye Scholer nabs Shanghai corporate partner

BY Kanishk Verghese |

U.S. firm Kaye Scholer has snapped up former Debevoise & Plimpton Shanghai office head and corporate counsel Niping Wu to join its corporate team based in Shanghai as partner.
Dickinson Wright enters arrangement with Macau firm

BY Kanishk Verghese |

Announced earlier this month, U.S. firm Dickinson Wright has formed an alliance with full-service Macau firm MdME. The move is expected to extend Dickson Wright’s reach into Asia, and open the door for MdME’s clients to enter the American and European markets.
Skadden advises underwriters on Zoomlion $400 mln notes issuance

BY Kanishk Verghese |

Skadden has advised Credit Suisse, Goldman Sachs and BOC International as the underwriters in a $400 million notes issue by Zoomlion H.K. SPV Co (Zoomlion), a subsidiary of Chinese heavy equipment manufacturer Zoomlion Heavy Industry Science and Technology Co.
Wilson Sonsini hires Shanghai corporate partner

BY Kanishk Verghese |

U.S. law firm Wilson Sonsini Goodrich & Rosati has hired former Davis Polk Hong Kong counsel Zhan Chen as corporate partner at its Shanghai office.
HK: Clifford Chance engaged in landmark PE deal

BY Kanishk Verghese |

Clifford Chance has advised the Metropolitan Light Company, formed by CVC Capital Partners, on its $641million acquisition of the telecommunications and broadband assets of Hong Kong-based telecommunication services provider City Telecom. This is the largest private equity-backed deal of this year till date, according to Reuters data.
CC advises Chalco on $926 mln takeover bid

BY Kanishk Verghese |

Clifford Chance has represented the Aluminum Corporation of China Limited (Chalco) on its $926 million purchase of a stake in Mongolian coal miner SouthGobi Resources from Canada’s Ivanhoe Mines at C$8.48 ($8.45) per share.
Beijing: CC hires funds partner from Akin Gump

BY Kanishk Verghese |

Clifford Chance has recruited corporate partner Ying White to its Beijing office from Akin Gump. White will focus on onshore and offshore funds formation for private equity and hedge funds, RMB funds, and offshore investments by Chinese institutions.
Herbert Smith advises Chinese bank on 4 bln yuan bonds issue

BY Kanishk Verghese |

Herbert Smith has advised the Export-Import Bank of China (China ExIm Bank) on its issuance of bonds worth four billion yuan ($635 million) in Hong Kong. The bonds were more than four times over-subscribed, as investors continue to hunger for yuan assets despite recent concerns about weak yuan appreciation in the future.
Hogan Lovells represents Macquarie on Mongolian share placement

BY Kanishk Verghese |

Hogan Lovells has advised Macquarie Capital Securities as the sole bookrunner on the sale of up to 86 million shares in the Mongolian Mining Corporation, which is held by Petrovis Resources. The transaction raised HK$660 million ($85 million).
CC advises China Minsheng Bank on $1.44 bln share sale

BY Kanishk Verghese |

Clifford Chance has advised China Minsheng Banking Corp on the sale of its 1.65 billion new Hong Kong-listed shares at HK$6.79 each ($0.87), which has raised HK$11.2 billion ($1.44 billion). Haitong International and UBS were the joint global co-ordinators of the offering, and were advised by Freshfields Bruckhaus Deringer.