2013.10

CVC in talks to buy China restaurant chain stake

Private equity firm CVC Capital Partners is in advanced talks to buy a majority stake in high-end China restaurant chain South Beauty Investment Co Ltd for around $300 million, two sources with knowledge of the matter told Reuters.


UK firm to open Sydney office, hire 75 lawyers

A UK based firm has unveiled plans for an ambitious Australian launch which will see it appeal directly to the market to fill up to 75 lawyer vacancies – and it plans to lure talent with a promise of allowing lawyers to earn up to 75% of their billings…


Tony Holland to move to G+T

Former DLA Phillips Fox and DLA Piper Australia managing partner Tony Holland will join Gilbert + Tobin this Friday.


NRF gets new Asia aviation head

Norton Rose Fulbright has relocated banking and finance partner Keith Sandilands from London to Singapore, where he will head the firm’s Asia aviation practice.


Bakers hires corporate lawyer from A&O in Tokyo

Baker & McKenzie has hired corporate M&A lawyer Jeremy White as a partner at its Tokyo office.


GM says China partnership with SAIC strong, eyes Indonesia tie-up

General Motors Co has dismissed speculation its ties with China’s SAIC Motor Corp are fraying, saying the partnership is thriving and the two car makers are discussing further collaboration in Indonesia.


Japan’s NTT Comm to buy two U.S. cloud computing firms

NTT Communications Corp said it will gain control of two U.S. cloud computing firms in takeover deals worth a combined 85.5 billion yen ($880 million), as Japanese firms ramp up efforts to improve overseas networks through acquisitions.


Panel says no cover-up in Japan’s Mizuho mob loans scandal

Mizuho Financial Group did not intentionally cover-up loans to “yakuza” mobsters, an outside panel said on Monday, a verdict that increases the likelihood Japan’s second-biggest bank by assets will escape serious penalty over the scandal.


SA: Tindall Gask Bentley managing partner to lead Law Society

Tindall Gask Bentley Lawyers managing partner Morry Bailes has been appointed president of the Law Society of South Australia.


Asia Appts: Freshfields lands China antitrust deputy head

Freshfields appoints a new China antitrust practice co-head, McDermott Will & Emery promotes international tax lawyer to partner in Shanghai, and Withers grows its Hong Kong family law offering in our weekly Asia appointments spotlight.


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