Freshfields Advises Wing Hang Bank on Proposed Takeover Offer from OCBC

International law firm Freshfields Bruckhaus Deringer is advising Wing Hang Bank (Wing Hang) on the proposed takeover offer by Oversea-Chinese Banking Corporation (OCBC), which was jointly announced today by Wing Hang and OCBC.

The proposed offer has a total value of approximately US$5bn and remains subject to satisfaction of various regulatory approvals and other conditions.

Wing Hang is one of Hong Kong’s largest local banks and is listed on the Hong Kong Stock Exchange.

Freshfields has advised Wing Hang throughout the negotiation process and continues to advise on the transaction.

The Freshfields team is being led by Asia managing partner Robert Ashworth and corporate partner Edward Freeman, both based in Hong Kong.

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