King & Wood Mallesons and DLA Piper have advised the two stakeholders of Cathay Fortune Investment Limited (CFI) on its recent A$830 million ($857 million) offer to acquire all the remaining ordinary shares in Botswana copper company Discovery Metals.

King & Wood Mallesons has advised China’s Shenhua Group, which, via its subsidiary Guohua Energy Investment Co. Ltd, recently agreed to purchase a 75 percent stake in the Musselroe wind farm from Australia’s Hydro Tasmania. The target was represented by Freehills.

King & Wood Mallesons has advised Pfizer Inc on its $295 million joint venture with Zhejiang Hisun Pharmaceutical Co Ltd, represented by Jun He. This is Pfizer's largest joint venture in China.

Following China Pacific Insurance Co Ltd’s plan to raise $1.3 billion through a Hong Kong H-share private placement, Clifford Chance and Jun He Law Offices have advised the Government of Singapore Investment Corporation Private Limited on its purchase of about $700 million of CPIC’s shares.

Paul Hastings, King & Wood Mallesons, and Hengeler Mueller have advised Weichai Power on its purchase of a 25 percent stake in KION, and the acquisition of a 70 percent share in its hydraulics business.

The Shanghai-headquartered Bank of Communications Ltd (BoCom) had engaged international law firms Simpson Thacher & Bartlett and King & Wood Mallesons for the issuance of its 56.6 billion yuan ($8.9 billion) private share placement, which happened last week.

China’s largest property insurer PICC Property & Casualty Co braved the volatile market and raised RMB 5 billion ($790 million) through simultaneous shares issued at the Hong Kong and Shanghai bourses in December last year.