A Hogan Lovells team from offices in Beijing, London and Washington, D.C. represented Kingdom Holding Company (“KHC”), chaired by long-time client HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia (“Prince Alwaleed”), in leading a consortium of investors to acquire a US$400 million strategic stake in the largest internet consumer sales company in China, 360Buy Jingdong Inc. The investor group was advised by QInvest LLC, Qatar’s leading investment bank.
Tags: Hogan Lovells | BeijingHerbert Smith Freehills Advises Sinopec Corp on Its US$3.1 Billion Share Placement
Herbert Smith Freehills has advised China Petroleum & Chemical Corp (“Sinopec Corp.”) on the Hong Kong and US aspects of its US$3.1 billion (HK$23.97 billion) private placement of new H-shares. The new shares will be listed on the Hong Kong Stock Exchange (“HKSE”) on or about 14 February, 2013. It will be the largest equity transaction in Asia so far this year, and Sinopec Corp.’s first major equity offering since its IPO in 2000.
Tags: Herbert Smith Freehills LLP | BeijingClifford Chance Advises BAIC Motor on Increased Investment from Daimler AG
Leading international law firm Clifford Chance has advised BAIC Motor, Beijing Automotive Group’s passenger car unit, on the increased investment of up to 12% from Daimler AG. The investment will be through the issuance of new shares and is subject to approval by the Chinese government.
Tags: Clifford Chance LLP | BeijingKing & Wood Mallesons Advises on Cross-border Wind Farm Acquisition
King & Wood Mallesons has advised Guohua Energy Investment Co. (Guohua) on its acquisition of a 75 percent stake in Hydro Tasmania’s 168-megawatt Musselroe wind farm project.
Tags: King & Wood Mallesons | BeijingSimpson Thacher Represents Chinalco Mining Corporation International in Its Hong Kong IPO
The Hong Kong office and Beijing office of the Firm represented Chinalco Mining Corporation International (“CMC”), a resource development subsidiary of Aluminum Corporation of China’s (“Chinalco”), as its US counsel, in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of 1,764,913,000 ordinary shares, raising approximately HK$3.1 billion (approximately US$400 million) in gross proceeds (before the exercise of the over-allotment option). CMC’s ordinary shares are listed on the Hong Kong Stock Exchange. CMC is intended to act as Chinalco’s core platform for the future acquisition, investment, development and operation of non-ferrous and non-aluminum mineral resources and projects overseas.
Tags: Simpson Thacher & Bartlett LLP | BeijingNorton Rose Grows Corporate Team in Beijing
International legal practice Norton Rose has appointed Barbara Li as a corporate partner in its Beijing office. Barbara joins from the Beijing office of Baker & McKenzie.
Tags: Norton Rose Fulbright | BeijingMayer Brown Advises Hanergy on Acquisition of MiaSole
Mayer Brown, a leading global law firm, announced today that it advised Hanergy Holding Group Limited, the largest privately-owned clean energy developer in China, on the acquisition of Silicon Valley-based MiaSolé, a high-tech company that designs and manufactures solar photovoltaic cells and modules to convert sunlight into electricity.
Tags: Mayer Brown LLP | BeijingShearman & Sterling Advises Cessna on Joint Venture Contracts with CAIGA Subsidiaries
Shearman & Sterling is advising Cessna Aircraft Company, through its parent, Textron Inc., on its joint venture contracts with subsidiaries of China Aviation Industry General Aircraft Company Ltd., (CAIGA). One joint venture, to be based in Zhuhai, will conduct final assembly of Cessna Citation XLS+ aircraft for the China market. The other joint venture, to be based in Shijiazhuang, will conduct final assembly of Cessna Caravan utility turboprop aircraft for the China market. Formation of the joint venture companies remains subject to various government approvals and customary conditions.
Tags: Shearman & Sterling LLP | BeijingHerbert Smith Freehills Advises China Agri on Its US$526m Rights Issue
Herbert Smith Freehills has recently advised China Agri-Industries Holdings Limited (“China Agri”), a leading agribusiness and food processing company in China, in relations to an approximately HK$4.1 billion (approximately US$526 million) rights issue.
Tags: Herbert Smith Freehills LLP | BeijingWeil Enhances China M&A Capabilities With Addition Of Beijing Partner
International law firm Weil, Gotshal & Manges LLP today announced that Li Li has joined its Beijing office as a partner in the Mergers & Acquisitions practice group.
Tags: Weil, Gotshal & Manges, LLP | Beijing