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International Edition

Quartet of firms lead on second-largest IPO of the year so far

Four international firms have landed roles on Metallurgical Corporation of China's (MCC's) initial public offering (IPO) - the second-largest listing of the year so far. The $5.2bn (£3.2bn) raised from the sale of shares on the Shanghai and Hong Kong exchanges makes MCC the second-largest IPO this year after the $7.4bn (£4.6bn) raised by China State Construction Engineering Corporation in July.
2 minute read

International Edition

Gide adds trio to Vietnam office in international reshuffle

Gide Loyrette Nouel has moved to build up its Vietnam presence, adding three lawyers to its Ho Chi Minh City office this month. The French firm has relocated Jacques de Servigny to be the new partner-in-charge of the Vietnam practice, which also has an office in Hanoi.
2 minute read

International Edition

Freshfields appoints new Asia financial services chief with Citi hire

Freshfields Bruckhaus Deringer has brought in a new leader for its Asia financial services practice with a senior hire from Citi. Royce Miller, managing director and general counsel of Citi's Asia Pacific Institutional Clients Group, is set to join the magic circle firm in Hong Kong early next year.
2 minute read

International Edition

Barlows names first-ever Shanghai chief with US firm hire

Barlow Lyde & Gilbert has appointed a new Shanghai office head with the hire of the local managing partner of a US firm's Chinese practice. Fredrikson & Byron's Shanghai chief Brinton Scott is set to become the first head of Barlows' Shanghai office, which has previously been overseen by the UK top 40 firm's Hong Kong and China managing partner.
2 minute read

International Edition

Willkie Farr and Paul Weiss lead on $2.6bn Japanese pharma buyout

Willkie Farr & Gallagher and Paul Weiss Rifkind Wharton & Garrison have taken lead roles on the $2.6bn (£1.6bn) acquisition of US drugmaker Sepracor by Japan's Dainippon Sumitomo Pharma (DSP). The all-cash purchase price represents a premium of nearly $5 (£3) per share above Sepracor's closing price on 1 September. Sepracor's board has unanimously approved the deal, under which the company will continue operating as a wholly-owned subsidiary of DSP.
2 minute read

International Edition

Kirkland set for second Asia base with Shanghai office launch

Kirkland & Ellis is set to launch in Shanghai after receiving approval from the Chinese Ministry of Justice. The Chicago leader will open the new office towards the end of this year - marking its second office in the region following its 2006 Hong Kong launch. Kirkland plans to integrate the two offices and will relocate Hong Kong private equity partner Xiaoyang Li to lead the Shanghai practice. Corporate partner Chuan Li will also transfer to the new base from Hong Kong.
2 minute read

International Edition

Pinsents Hong Kong partner joins Lovells in Singapore

Pinsent Masons has lost a partner in Hong Kong, with construction disputes specialist Paul Teo set to relocate to Singapore to join Lovells. Teo joins the top 10 UK law firm later this month, where he will be part of the infrastructure and construction group and the office's arbitration practice.
2 minute read

International Edition

Top Canadian firm ordered to reveal secret data in discrimination case

McCarthy Tetrault has been hit with a court order to produce reams of confidential financial data after a former employee accused the firm of routinely discriminating against female staff. McCarthy, Canada's largest law firm, is facing a 7 September deadline to come forward with information about partner, associate and staff compensation.
2 minute read

International Edition

K&L Gates signs up Watson Farley litigation chief in Singapore

K&L Gates has boosted its Singapore office with the hire of Watson Farley & Williams Singapore litigation and arbitration head Raja Bose. Bose will take up a management position at the expansive US firm, heading the international arbitration practice across Asia as well as launching the practice in Singapore.
2 minute read

International Edition

India's IT goes global

At last month's National Association of Software and Services Companies (NASSCOM) Business Process Outsourcing (BPO) Strategy Summit in Bangalore a step-change was discovered in India's future technology and outsourcing business model which will impact countries around the globe. The Indian IT and BPO industry plans to become a global business, bundling services across onshore, offshore and near-shore delivery models.
5 minute read

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