Squire Patton Boggs is acting for ASX, AIM and JSE listed Coal of Africa Limited (“CoAL”) on its AU$126.4 million (£60 million) recommended takeover offer for ASX listed Universal Coal plc (“Universal”), made through a combined scrip and cash consideration, with a loan note alternative. The takeover will also constitute a reverse takeover for CoAL under the AIM rules. (more…)

www.squirepattonboggs.com

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Herbert Smith Freehills has advised SurfStitch Group Limited (SurfStitch) on its acquisition of SHI Holdings Pty Limited (SHI), a global designer and distributor of water board sports products. The acquisition, which completed on 3 December 2015, saw SurfStitch purchase 100% of the shares of SHI for an enterprise value of A$23.7 million, paid in cash. (more…)

www.herbertsmithfreehills.com

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Simpson Thacher recently represented the international joint lead managers, Goldman Sachs International, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc and Nomura International plc, in connection with the initial public offerings of Japan Post Holdings Co., Ltd. (“JP Holdings”) and subsidiaries Japan Post Bank Co., Ltd. (“JP Bank”) and Japan Post Insurance Co., Ltd. (“JP Insurance”) on the Tokyo Stock Exchange. Each IPO included international offerings to institutional investors in reliance on Rule 144A and Regulation S. The combined ¥1.4 trillion (approximately US$11.6 billion) offering was the largest initial public offering globally to date this year. (more…)

www.stblaw.com

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The Firm represented Ozner Water International Holding Limited in connection with its private placement of 5% convertible bonds due 2020 of an aggregate of principal amount of HK$465 million (approximately US$60 million) in gross proceeds. Ozner Water is a leading water purification service provider and the largest water purification service provider to commercial end users in China. The ordinary shares of Ozner Water are listed on the Hong Kong Stock Exchange. (more…)

www.stblaw.com

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Kirkland & Ellis is advising J.P. Morgan Securities (Asia Pacific) Limited as financial advisor to the Special Committee of Youku Tudou Inc. (NYSE: YOKU), a leading multi-screen entertainment and media company in China, in connection with its acquisition by Alibaba Group Holding Limited (NYSE: BABA) in an all-cash transaction. The transaction was announced on November 6, 2015. (more…)

www.kirkland.com

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Paul Hastings, a leading global law firm, announced today that the firm advised China Life on its formation of a partnership (the “Partnership”) with Global Logistic Properties (“GLP”) and two additional leading Asian global institutional investors for the acquisition of a Class-A, state-of-the-art U.S. logistics portfolio valued at approximately US$4.5 billion. GLP, listed on the Singapore Stock Exchange, is a leading global provider of modern logistics facilities. The portfolio, which has a total leasable area of approximately 57.9 million square feet across 20 major markets in the U.S., is one of the highest quality industrial portfolios in the country. (more…)

www.paulhastings.com

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Bird & Bird’s London and Singapore Corporate teams have acted for AXIO Data Group on the sale of Medica Asia (Holdco) Limited to a Japanese purchase consortium comprising Mitsui and SMS. (more…)

www.twobirds.com

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The international law firm Milbank, Tweed, Hadley & McCloy LLP recently advised on two significant international capital markets transactions in the Philippines involving International Container Terminal Services, Inc. (ICTSI) and SMC Global Power Holdings Corp. (SMC Global Power). The two transactions, both completed in August, raised a total of US$750 million, signifying the country’s continuing strong position in the global capital markets despite recent challenging market conditions. (more…)

www.milbank.com

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Clifford Chance advised Qatar Navigation QSC (Milaha) on acquiring, through its wholly owned subsidiary, Qatar Shipping Company, the remaining 60% interest in each of the two entities that own the Liquefied Natural Gas (LNG) carriers, Milaha Ras Laffan and Milaha Qatar, from Société Générale, thereby increasing its stake in those entities from 40% to a controlling 100%. (more…)

www.cliffordchance.com

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Davis Polk is advising Advanced Semiconductor Engineering, Inc. in connection with its tender offers in the Republic of China and the United States for common shares and American depositary shares of Siliconware Precision Industries Co., Ltd. at a price of NT$45 per common share and NT$225 per ADS payable in the equivalent amount of U.S. dollars, respectively. ASE plans to acquire an estimated maximum number of 779,000,000 common shares of Siliconware (including common shares represented by ADSs), equivalent to approximately 25% of the common shares issued by Siliconware. (more…)

www.davispolk.com

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Global legal practice Norton Rose Fulbright has advised IRC Limited on its fully underwritten open offer. (more…)

www.nortonrosefulbright.com

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Herbert Smith Freehills has advised on the construction, operation and financing for the 100 MW wind farm to be constructed in Hornsdale, approximately 200km north of Adelaide in South Australia. The wind farm will have a capital value of approximately A$285 million. (more…)

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