Mengfei (Olivia) Xie

Counsel, Financial Institutions
Olivia Xie advises financial institutions, fintech companies, asset management firms, private equity sponsors and other public and private companies on a broad range of U.S. and cross-border transactions, including public and private mergers and acquisitions, take-private transactions, tender offers, carve-outs, joint ventures, minority investments, co-investments and other strategic transactions.

Bio

Ms. Xie’s broader transactional experience spans a range of industries, including technology, digital assets, life sciences and health care, media and gaming, among others.

Prior to and since joining Skadden, Ms. Xie’s representations include:

Financial Institutions, Asset Management and Specialty Finance

  • First Carolina Bank in its acquisition of BM Technologies, Inc.
  • ClearPoint Federal Bank & Trust in its acquisition by Community Financial - Mode Eleven Bancorp in its proposed Chapter 11 sale of Summit National Bank
  • Celtic Bank in its equity investment in American Savings Bank
  • Valley National Bank in its equity investment in a credit management fintech company
  • East West Bancorp, Inc. in its acquisition of a noncontrolling interest in Rayliant Global Advisors
  • Glendon Capital in its noncontrolling equity investment in Grasshopper Bank
  • Kiwoom Securities in its acquisition of the U.S. broker-dealer business of Shinhan Securities

Fintech and Digital Assets

  • Ally Financial Inc. in its acquisition of a major financial technology platform
  • Goldman Sachs in its sale of Financeit Canada to Wafra Capital Partners
  • Public Pension Capital in its noncontrolling equity investment in Indus Valley Partners
  • Citadel Securities in co-founding and launching EDX Markets, a cryptocurrency exchange platform, alongside Fidelity Investments and Charles Schwab
  • Northern Data AG in its sale of the then-largest bitcoin mining facility in North America to Riot Blockchain, Inc.

Insurance and Insurance Distribution

  • Chubb Limited in its acquisition of the personal accident, supplemental health and life insurance businesses of Cigna Corporation in seven Asia Pacific markets, which was recognized as M&A Deal of the Year at ABL’s Korea Law Awards
  • China Oceanwide Holdings Group Co., Ltd. in its acquisition of Genworth Financial, Inc. (terminated) - Trustmark National Bank in its sale of Fisher Brown Bottrell Insurance, Inc. to Marsh McLennan Agency

Private Capital

  • JSB Capital Group in a noncontrolling equity investment transaction
  • Oaktree Capital in its noncontrolling equity investment in Primary Wave Music
  • Canada Pension Plan Investment Board in multiple transactions, including:
    • its acquisition, together with TPG Capital, of a minority equity interest in Viking Cruises
    • a subsequent additional equity investment in Viking Cruises
  • Dompé Farmaceutici in its sale of venture capital fund interests
  • a sovereign wealth fund in multiple coinvestment transactions

Life Sciences and Health Care

  • BioCryst Pharmaceuticals, Inc. in its acquisition of Astria Therapeutics, Inc., which was recognized as a 2026 Mid-Market Deal of the Year by Mergers & Acquisitions Magazine
  • Selecta Biosciences, Inc. in its reverse merger with Cartesian Therapeutics, Inc.
  • Koninklijke Philips N.V. in its acquisition of BioTelemetry, Inc.
  • Emergent BioSolutions Inc. in the sale of its RSDL assets to SERB Pharmaceuticals
  • Johnson & Johnson in an asset acquisition and codevelopment transaction
  • AstraZeneca in multiple transactions, including:
    • the sale of an FDA priority review voucher
    • the sale of manufacturing facilities and related assets to National Resilience, Inc.
  • AbbVie Inc. in its acquisition of DJS Antibodies Ltd.
  • Cronos Group Inc. in its acquisition of a noncontrolling interest in PharmaCann Inc.

Other Industries

  • Hewlett Packard Enterprise Company in its acquisition of Axis Security
  • DraftKings Inc. in its acquisition of Golden Nugget Online Gaming, Inc.
  • Unisys Corporation in the sale of its U.S. federal business to Science Applications International Corporation
  • United Rentals, Inc. in multiple transactions, including its: · acquisition of BlueLine Rental
    • successful topping bid to acquire Neff Corporation
    • acquisition of General Finance Corporation
    • acquisition of BakerCorp
    • acquisition of Acme
  • DiamondPeak Holdings Corp., a special purpose acquisition company, in its acquisition of Lordstown Motors Corp.
  • Andeavor in its merger with Marathon Petroleum Corporation

Credentials

Education

  • J.D., The University of Chicago Law School, 2016
  • B.Econ., Peking University, 2013
  • LL.B., Peking University, 2013

Admissions

  • California
  • New York

Mengfei (Olivia) Xie

Counsel, Financial Institutions
mengfei.xie@skadden.com