Weil, Gotshal & Manges represented MGM Resorts International in connection with its reorganization and the $1.5 billion initial public offering of MGM China Holdings Limited on the Hong Kong Stock Exchange. MGM China is a joint venture between MGM Resorts International and Pansy Ho that owns and operates MGM China, a luxury hotel resort and casino on the Macau Peninsula. After completion of the reorganization and IPO, MGM Resorts International owns 51% of MGM China. J.P. Morgan, Morgan Stanley and BofA Merrill Lynch are the joint global coordinators for the IPO.
Weil’s team in Asia has advised on a number of significant transactions in the past year, including the joint venture between General Electric and AVIC, Grohe’s purchase of Joyou AG, and the sale of TVB shares to a consortium of investors.
Weil’s team was led by Asia Managing Partner Akiko Mikumo and Hong Kong law partner Henry Ong and included associates Clarence Cheuk and Erika Evasdottir.
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