Skadden, Arps, Slate, Meagher & Flom
42/F, Edinburgh Tower, The Landmark
15 Queen's Road Central, Hong Kong
Skadden's Hong Kong* office focuses on a full range of corporate, capital markets, mergers and acquisitions, private equity, energy, infrastructure and project finance, real estate and investment finance, restructuring and insolvency, and structured finance transactions. The office also is the headquarters of the firm’s Asia-Pacific international arbitration and litigation practice. With more than 50 attorneys in Hong Kong with combined U.S., Hong Kong and English law capabilities, we provide integrated, comprehensive services on a wide variety of matters. We were the first major Wall Street law firm to establish a Hong Kong law corporate practice and have many years of experience working as an integrated Hong Kong-U.S. team completing some of Hong Kong’s most complex initial public offerings and mergers and acquisitions.
Hong Kong-based attorneys often work in tandem with our attorneys in Beijing, Shanghai, Singapore, Sydney, Tokyo, the United States and Europe to serve our clients in Asia, handling matters in China, Hong Kong, India, Indonesia, Japan, Macau, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, among others.
Our clients in Hong Kong include major multinational corporations, leading investment banks and commercial banks, private equity firms, investors and developers in a broad spectrum of industries. We have represented our clients on many of the highest profile deals in Asia. Our commitment to excellence was recognized when Skadden was ranked as a "Tier 1" firm for Corporate/M&A in Hong Kong in ALB’s Corporate/M&A Rankings 2012 and was named the "International Law Firm of the Year for Hong Kong" in 2011 by Chambers Asia.
*Our Hong Kong office operates as Skadden, Arps, Slate, Meagher & Flom
Our Hong Kong office recently has represented:
- China National Offshore Oil Corporation, the third-largest oil and gas company in China, in its proposed US$2.5 billion global initial public offering and dual listing of its American Depositary Shares and common stock on the New York and Hong Kong Stock Exchanges;
- China Petroleum and Chemical Corporation (Sinopec), the largest Chinese company in terms of revenues, in its global initial public offering and listing of American Depositary Shares on the New York and London Stock Exchanges, and H shares on the Hong Kong Stock Exchange, raising a total of US$3.5 billion;
- The Coca-Cola Company in its approximately US$2.4 billion acquisition of China Huiyuan Juice Group (China), a juice producer. This transaction was selected as one of Asian-Counsel's 2008 "Deals of the Year";
- Credit Suisse First Boston, Credit Lyonnais Securities (Asia) Limited and other underwriters in connection with SUNDAY Communications Limited's (Hong Kong) US$300 million global initial public offering and dual listing of ordinary shares and American Depositary Shares on the Hong Kong Stock Exchange and Nasdaq; Credit Suisse First Boston, Lehman Brothers Inc. and Merrill Lynch & Co., Inc. as joint global coordinators in the US$726 million initial public offering and privatization of the Petroleum Authority of Thailand (renamed PTT), the owner of the national gas transmission network. This deal was selected by FinanceAsia magazine as its 2001 "Best IPO of the Year";
- Goldman, Sachs & Co., J.P. Morgan Chase & Co. and UBS Warburg as the joint global coordinators in connection with a US$500 million exchangeable note offering by Korea Deposit Insurance Corporation;
- Huaneng Power International, Inc. in its approximate US$700 million merger with Shandong Huaneng Power Development Co. Ltd., the first merger by two NYSE-listed Chinese companies;
- Indonesian Bank Restructuring Agency in its US$566 million sale of a 51 percent stake in Bank Central Asia to Farallon Capital Management, LLC which was selected as one of the "M&A Deals of the Year" for 2002 by International Financial Law Review;
- J.P. Morgan Chase & Co. as financial advisor to Keppel Capital Holdings Ltd. (an investment company in Singapore) in its US$2.9 billion acquisition by Overseas Chinese Banking Corporation Limited (Singapore). This deal was selected by FinanceAsia magazine as its 2001 "Best Domestic M&A Deal";
- Merrill Lynch & Co., Inc. and Credit Suisse First Boston as joint lead managers in the US$500 million guaranteed note offering under Rule 144A/Regulation S by CNOOC Finance (2003) Limited, a wholly owned finance subsidiary of CNOOC Limited, which was selected as the "Best Corporate Bond Deal in Asia" for 2003 by The Asset;
- Morgan Stanley Dean Witter & Co., UBS Warburg and other underwriters as managers in Korea Telecom Corporation's US$2.2 billion global secondary offering of American Depositary Shares, which were listed on the New York and London Stock Exchanges. This deal was selected by FinanceAsia magazine as its 2001 "Best Equity Deal of the Year," "Best Privatization" and "Best Secondary Offering," and as "Best Equity Deal 2001" by Euromoney.
- Nippon Telegraph and Telephone Corporation in its acquisition of a 15 percent stake in Philippine Long Distance Telephone Company;
- Nomura Holdings, Inc. in its agreement with certain subsidiaries of Lehman Brothers Holdings Inc. to acquire all the share capital of Lehman Brothers Services India Private Limited, Lehman Brothers Financial Services (India) Private Limited and Lehman Brothers Structured Finance Services Private Limited. This transaction was selected as one of Asian-Counsel’s 2008 “Deals of the Year”;
- P.T. Telekomunikasi Indonesia in a series of transactions valued at US$1.3 billion between it and PT (Persero) Indonesian Satellite Corporation Tbk intended to restructure and introduce competition into the Indonesian telecommunications industry. This deal was selected by FinanceAsia magazine as its 2001 "Most Innovative M&A Deal"; and
- UBS Investment Bank as financial advisor to China Telecom Corporation Limited in its US$6.3 billion acquisition of the CDMA business of China Unicom Corporation Limited (a wireless telecommunications company based in China. Concurrently, Skadden represented UBS Investment Bank as financial advisor to China Telecommunications Corporation (the parent company of China Telecom Corporation Limited) in its US$9.5 billion acquisition of the CDMA business of China United Telecommunications Corporation (the parent company of China Unicom Corporation Limited). The transaction was selected as one of Asian-Counsel's 2008 "Deals of the Year."