2013.11
Lone Star ‘wins right to buy Osaka train, warehouse operator’
U.S. distressed asset investor Lone Star Funds has won the right to buy the Osaka Prefectural Urban Development Co, half-owned by Japan’s Osaka prefecture, for 78 billion yen ($783 million), two people with direct knowledge of the transaction told Reut…
$100 bln Boeing order bonanza to dominate Dubai show
Boeing looks set to dominate next week’s Dubai Airshow with more than $100 billion of deals as it aims to launch its latest long-haul jet with up to 250 potential orders from as many as five airlines, industry sources said.
Petrobras sells Peru unit to PetroChina/CNPC for $2.6 bln
Brazil’s state-run oil company Petrobras has struck a deal to sell its Peruvian oil and gas assets to PetroChina, China’s top oil and gas firm, and its parent China National Petroleum Corp (CNPC) for $2.6 billion.
Senior Corrs disputes expert joins G+T
Commercial litigator Janet Whiting will join Gilbert + Tobin to lead the firm’s litigation practice in Melbourne.
NA Deals: Temasek, Hopu buy Yashili stake for $213 mln
Latham, KWM, CC star in Huishang Bank Corp’s HK IPO, six firms advise on Ctrip.com’s $800 million notes issue, Davis Polk and Sidley Austin guide Evergrande Real Estate Group on its $1 billion notes offering, and much more in this week’s North Asia deals spotlight.
NRF advises Majid Al Futtaim on $500 mln notes issue
Norton Rose Fulbright has advised retail and leisure developer Majid Al Futtaim on the issue of its $500 million reset subordinated perpetual notes, callable after five years.
WongPartnership forges alliance with Foong & Partners
Singapore’s WongPartnership has entered into an alliance with Malaysian law firm Foong & Partners, which will allow both firms to capitalise on the growing number of cross-border investment opportunities between Singapore and Malaysia.
Latham, KWM lead on Huishang Bank’s HK IPO
Latham & Watkins and King & Wood Mallesons have advised Chinese lender Huishang Bank Corp on its HK$9.21 billion ($1.2 billion) IPO in Hong Kong.
Suntech main unit’s creditors back debt restructuring plan
Creditors of the main unit of Chinese solar panel maker Suntech Power Holdings Co Ltd on Tuesday approved a plan to restructure its $1.75 billion debts with proceeds from acquirer Hong Kong-listed Shunfeng Photovoltaic International Ltd.
Tyco Intl ‘looking to sell Korea unit’
Fire protection and security company Tyco International Ltd has approached private equity firms offering to sell its Korean security unit Caps Co, the Wall Street Journal reported, citing people familiar with the matter.