Simpson Thacher Represents Temasek in Going Private Transaction Involving AsiaInfo-Linkage Inc.

Simpson Thacher is representing a subsidiary of Temasek Holdings (Private) Limited (“Temasek”), in connection with its participation in a consortium led by CITIC Capital Partners to acquire AsiaInfo-Linkage Inc. (“AsiaInfo-Linkage”). AsiaInfo-Linkage has entered into a definitive merger agreement pursuant to which the consortium will acquire AsiaInfo-Linkage for $12.00 in cash per AsiaInfo-Linkage share of common stock. The transaction values AsiaInfo-Linkage at approximately $890 million.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Paul Hastings Advises Nomura and Other Banks in Financing AsiaInfo-Linkage’s US$890 Million Take-Private

Paul Hastings, a leading global law firm, announced today that it is representing Nomura, Bank of Taiwan, Cathay United Bank, Co., LTD., ICBC International Capital Limited and Maybank Investment Bank Berhad, as mandated lead arrangers in connection with the US$330 million debt financing for AsiaInfo-Linkage, Inc.’s take-private acquisition by a consortium led by Chinese private equity company CITIC Capital Partners in an all-cash deal valued at approximately US$890 million.

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Allen & Overy Advises on the Global Offering of SINOPEC Engineering (Group) Co., Ltd.

Allen & Overy is advising SINOPEC Engineering (Group) Co., Ltd. (“SINOPEC Engineering”) on its landmark (approximately) USD2 billion initial public offering (IPO) and listing on the Hong Kong Stock Exchange, Hong Kong’s largest IPO so far in 2012. The firm’s Hong Kong office has a strong track record in advising on sizeable IPOs for Chinese state-owned enterprises, having advised Agricultural Bank of China on its USD22.1bn IPO in 2010.

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Davis Polk Advises CITIC Capital Partners on Its Acquisition of AsiaInfo-Linkage

Davis Polk is advising CITIC Capital Partners in connection with the $890 million going-private acquisition of Nasdaq-listed AsiaInfo-Linkage, Inc. by a consortium led by CITIC Capital Partners and that includes Edward Tian, a co-founder and significant stockholder of AsiaInfo-Linkage. The acquisition is subject to customary closing conditions, including receipt of required regulatory approvals and approval by AsiaInfo-Linkage’s stockholders.

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Simpson Thacher Represents Underwriters in the US$350.8 Million Registered Follow-on Offering of American Depositary Shares by AU Optronics Corp.

The Hong Kong office of the Firm represented the underwriters in the US$350.8 million registered follow-on offering of 79,719,958 American Depositary Shares by AU Optronics Corp. (“AUO”). Citigroup Global Markets acted as the Global Coordinator for the offering, and Citigroup Global Markets and UBS AG acted as joint bookrunners for the offering. ANZ, ING Bank, Mizuho Securities and Standard Chartered Securities acted as the Co-Managers of the offering.

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Kirkland & Ellis Represents Joint Global Coordinators and Joint Bookrunners in Global Offering of SINOPEC Engineering (Group) Co., Ltd.

Kirkland & Ellis represents J.P. Morgan Securities (Asia Pacific) Limited, CITIC Securities Corporate Finance (HK) Limited, UBS AG, Hong Kong Branch, and Goldman Sachs (Asia) L.L.C. as joint global coordinators and joint bookrunners and China International Capital Corporation Hong Kong Securities Limited, The Hongkong and Shanghai Banking Corporation Limited, Haitong International Securities Company Limited, Citigroup Global Markets Limited, Citigroup Global Markets Asia Limited, Merrill Lynch International, Merrill Lynch Far East Limited, Deutsche Bank AG, Hong Kong Branch, BOCOM International Securities Limited, CMB International Capital Limited and BOCI Asia Limited as the other joint bookrunners in a global offering, including the initial public offering and listing on the Hong Kong Stock Exchange, of SINOPEC Engineering (Group) Co., Ltd., the leading oil refining, petrochemical and new coal chemical engineering company in China.

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Latham & Watkins Advises Dana Gas on Restructuring of Its US$1 Billion Sukuk

Dana Gas PJSC, the largest independent oil and gas company in the UAE, has successfully completed the restructuring of its US$1 billion Trust Certificates (sukuk al-mudarabah). The restructuring, the first of its kind in the Middle East, was implemented through the exchange of Dana Gas’ existing sukuk certificates with two tranches of new sukuk certificates (one convertible and one non-convertible tranche), each with a 5 year tenor.

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Tags:  Latham & Watkins LLP | Hong Kong