Deacons recently advised JAC Capital, a subsidiary of JIC Capital – a Chinese state-owned investment company, on a US $1.8 billion acquisition of NXP Semiconductors’ power amplifier business. To date, the transaction is one of the largest outbound technology deals of 2015.

NXP Semiconductors’ business is primarily focused on supplying the mobile communications base station market, but has potential future growth applications in the areas of industrial lighting, next generation cooking and automotive electronic ignition systems. More >>

Davis Polk advised BHP Billiton on investigations conducted by the U.S. Securities and Exchange Commission (“SEC”) and the U.S. Department of Justice (“DOJ”) into potential breaches of the Foreign Corrupt Practices Act (“FCPA”) related to previously terminated minerals exploration and development efforts as well as hospitality provided by the Company to foreign government officials at the 2008 Beijing Olympic Games. The DOJ completed its investigation without taking any action. Today, the SEC announced a settled administrative proceeding related to BHP Billiton’s hospitality program hosted by BHP Billiton in connection with its sponsorship of the 2008 Beijing Olympic Games More >>

Herbert Smith Freehills is pleased to announce that the firm has advised China New Town Development Company Limited (“CNTD”) on a CNY1.3 billion notes issuance on the Hong Kong Stock Exchange More >>

International law firm Freshfields Bruckhaus Deringer has appointed leading Asian banking, finance and energy lawyer Thomas Ng to the firm’s partnership. He will be based in the firm’s Hong Kong office.
Mr Ng specialises in advising Chinese banks and companies on major banking, projects and energy transactions throughout Asia and around the world More >>