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