DLA Piper is ranked first in Asia Pacific and Greater China M&A legal advisor by deal volume league tables, produced by Mergermarket for Q1-Q3 2010. The international legal practice advised a total of 52 deals in Asia Pacific during this period, an increase of 100% from its 10th position in Q3 2009 with 26 deals, despite persistent challenging market conditions. In Greater China, the firm advised a total of 27 deals during this period, an increase of 125% from its 9th position in Q3 2009 with 12 deals.
Mabel Lui, Partner and Head of Corporate in Greater China, DLA Piper, said: “The Chinese economy has been the driver of growth in Asia Pacific, and we have been serving clients from a diverse range of businesses. Companies are expanding fast in particular by merger and acquisition, and our deal volume in the region has seen significant growth this year. This demonstrates our leading position in the region, and our continued commitment to be the leading legal advisor for China and beyond.”
Alastair Da Costa, Asia Managing Partner of DLA Piper, said: “The Asian economy has been leading the world economy on the road to recovery, and the excellent growth in DLA Piper’s deal counts in Asia Pacific corresponds to the 21% rise of our revenue in this region in 2009. As we enter the last quarter of 2010, we will continue to strive forward to help our clients capture the tremendous potential in the region by providing them with our professional legal advice and our thorough understanding of the unique needs in this region.”
Recently, DLA Piper has been involved in key corporate transactions across the region including advising a consortium comprising Cheung Kong Infrastructure Holdings Limited, Hongkong Electric Holdings Limited and Li Ka Shing Foundation on the £5.8 billion acquisition of EDF’s UK electricity distribution assets; Ping An Health’s US$28 million JV with Discovery Holdings from Africa; and AsiaInfo’s US$733 million merger with Linkage which created one of the biggest software companies in China.
DLA Piper also ranked number one by deal volume in the world and the UK for Q1-Q3 2010 in the Mergermarket league tables.
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