Who won what and why at the Asia Legal Awards 2016
Who won what and why at the Asian Legal Awards last week
February 27, 2016 at 07:31 PM
22 minute read
Last Tuesday, at a gala dinner at the Four Seasons Hotel in Hong Kong, Legal Week sister title The Asian Lawyer announced the winners for its third annual Asia Legal Awards. Here's a full list of the winners and the reasons why they impressed the judges.
M&A Deal of the Year: North Asia
This award is shared by six firms which advised on UK retailer Tesco's $6.4bn sale of Korean supermarket chain Homeplus to MBK Partners, the Canadian Pension Plan Investment Board and Temasek. This deal is one of the largest private equity deals of 2015, and the largest buyout ever done in South Korea. The transaction was made even more complex by its cross-border nature and the challenges of pulling off a club deal of this size. Cleary Gottlieb Steen & Hamilton and Korea's Yulchon advised leader buyer MBK Partners. Ropes & Gray acted for the CPPIB and Paul Hastings for Singapore's Temasek. Freshfields Bruckhaus Deringer and Bae Kim & Lee represented Tesco.
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