|Allens Arthur Robinson advised blood products specialist CSL Ltd on it’s acquisition of Talecris Biotherapeutics Holdings, a company incorporated in the US, for $US3.1 billion.
Freshfields has advised China Unicom on its merger with China Netcom, by way of scheme of arrangement, value at approximately US$56.3 billion, and disposal of their CDMA business and network assets to China Telecom and its parent company for a total consideration of US$15.9 billion.
Freshfields has advised the selling shareholders and the target Wing Lung Bank, on the proposed US$4.7 billion takeover by China Merchants Bank.
Freshfields has advised China Communications Services Corporation on its acquisition of of China International Telecommunications Construction Corporation, the Chinese construction company, from China National Postal and Telecommunications Appliances Corporation, the Chinese telecom operator.
Freshfields has advised International Finance Corporation on the sale of a 6.16 per cent equity interest in Asia Commercial Bank for about US$135 million, and convertible bonds in ACB to Standard Chartered Bank (Hong Kong) Ltd.
Freshfields has represented Macquarie and ABN AMRO in their pre-IPO investment in an oil field services business in Daqing, PRC.
Freshfields has represented Morgan Stanley on the share placement of China Mengniu Diary.
Freshfields has advised Citibank Global Markets Asia Ltd as sole bookrunner of a US$380 million equity placement and Citibank Global Markets Limited as sole bookrunner of a US$600 million convertible bond placement in connection with the acquisition by Champion Real Estate Investment Trust’s (Champion REIT) of Langham Place.
Henry Davis York has acted for Norwegian manufacturer Tomra Systems ASA in its agreement to acquire 100 percent of the business and assets in UltraSort Group, comprising UltraSort Pty Ltd and Fynsort Technology Ltd.
Henry Davis York has represented Security and Intelligence Services (India) (SIS) in its acquisition of the Australian Manned Guarding and Mobile Guarding businesses from Chubb Security Australia.
Raslan Loong has represented Al Rajhi Banking & Investment Corporation (Malaysia) Bhd in the the sale and purchase of 36 units of I Berhad’s i-City Cybercentre 1 Office Suites in accordance with Shariah principles of Al Bay and a lease back of of the property under an Ijarah operating lease.
Indonesian government imposes VAT on imported digital goods and services
The tax particularly targets intangible goods and services provided by foreign tech companies that lack a physical presence in Indonesia.
Financing PPP projects in Vietnam
The selection of financing structures for PPPs needs to be carefully considered.
Further changes to civil litigation in the UAE
The amendments bring about some important changes to how matters will be litigated in the UAE courts.