For media enquiries, please contact firstname.lastname@example.org
Conyers Dill & Pearman was named Offshore Law Firm of the Year at the 2014 8th Annual China Law & Practice Awards ceremony. In addition to taking home one of the top honours, Conyers was also recognised for three Deal of the Year Awards: Telecommunications, Media & Technology Deal of the Year for Baidu’s acquisition of 91 Wireless, Private Equity Deal of the Year for Giant Interactive’s privitisation, and Debt & Equity – Linked Deal of the Year for Greenland Hong Kong’s US$700 million bond offering.
Telecommunications, Media & Technology Deal of the Year: David Lamb, an M&A partner and Co-Chairman of Conyers’ Hong Kong office, led a team from Conyers advising NetDragon and 91 Wireless and said, “The deal is innovative in that this is the first time that a Cayman incorporated HKEx listed company has used statutory merger provisions to effect a takeover, albeit in this instance the disposal of a non-wholly owned subsidiary. This could transform the way takeovers are affected in Hong Kong as there are many advantages to the merger route as opposed a more traditional scheme of arrangement or general offer.” According to NetDragon, 91 Wireless is the largest third-party distributor of apps in China by active users. Conyers worked alongside Sidley Austin on the matter.
Private Equity Deal of the Year: Conyers provided Cayman law advice to Giant Interactive Group Inc. concerning the privatisation by way of a merger with Giant Merger Limited, a wholly-owned subsidiary of parent company Giant Investment Limited. Christopher Bickley, head of Conyers’ Hong Kong office, and Associate Rowan Wu advised on the matter. Conyers worked alongside O’Melveny Myers, Walkers, Fenwick & West LLP, Maples & Calder, Grandall Law Firm, Kirkland & Ellis LLP, Linklaters LLP, Skadden, Arps, Slate, Meagher & Flom LLP, Wilson Sonsini Goodrich & Rosati, and Weil, Gotshal & Manges LLP on the matter.
Debt & Equity – Linked Deal of the Year: Conyers provided Cayman law advice to Greenland Hong Kong Holdings Limited in connection with its initial issue of 4.375% Notes due 2017 in the aggregate principal amount of US$500 million, issued pursuant to the US$2 billion Medium-Term Note Programme. Lilian Woo and Flora Wong of Conyers’ Hong Kong office advised on the matter, working alongside Linklaters LLP and Davis Polk & Wardwell LLP.
The ceremony took place on 18 September 2014 at the JW Marriott hotel in Beijing. Flora Wong accepted the awards on behalf of the Firm.