The Firm is representing Smithfield Foods (NYSE: SFD) in connection with its definitive merger agreement with Shuanghui International Holdings Limited. Under the terms of the deal, Smithfield shareholders will receive US$34.00 per share in cash, which values Smithfield at US$7.1 billion, including the assumption of Smithfield’s net debt. The transaction, which is expected to close in the second half of 2013, is subject to shareholder approval and other customary closing conditions.

More >>

Paul Hastings, a leading global law firm, announced today that the firm is representing Shuanghui International Holdings Limited, the owner of China’s largest publicly-traded meat processing enterprise, in a US$7.1 billion agreement to acquire Smithfield Foods, Inc. (NYSE: SFD), the largest U.S. publicly-traded pork processor and hog producer. The combination will create one of the largest global pork production, processing and packaged meat companies in the world.

More >>

The Firm recently represented Sumitomo Mitsui Trust Bank, Limited (the “Bank”) and Sumitomo Mitsui Trust Holdings, Inc., its parent company (the “Parent”), in connection with a Rule 144A and Regulation S offering by the Bank of US$650 million aggregate principal amount of 1.80% Senior Notes due 2018, guaranteed by the Parent. J.P. Morgan, Goldman Sachs International and Citigroup were the joint lead managers for the offering.

More >>

Davis Polk advised China Galaxy Securities Co., Ltd (“China Galaxy Securities”) in connection with its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. The gross proceeds from the offering amounted to approximately HK$8.3 billion ($1.1 billion) without the exercise of the over-allotment option. This is the largest offering in Hong Kong since the PICC Group raised $3.6 billion in its initial public offering in December 2012.

More >>

Sidley advised San Miguel Corporation (SMC) in its $800M overseas bond offering, which set a record as the largest U.S. dollar-denominated corporate bond issue out of the Philippines.

More >>

Ropes & Gray is representing the Blackstone-led buyer group consortium in the going-private transaction of China-based Pactera Technology International Ltd. (Pactera).

More >>

Simpson Thacher is representing a subsidiary of Temasek Holdings (Private) Limited (“Temasek”), in connection with its participation in a consortium led by CITIC Capital Partners to acquire AsiaInfo-Linkage Inc. (“AsiaInfo-Linkage”). AsiaInfo-Linkage has entered into a definitive merger agreement pursuant to which the consortium will acquire AsiaInfo-Linkage for $12.00 in cash per AsiaInfo-Linkage share of common stock. The transaction values AsiaInfo-Linkage at approximately $890 million.

More >>

Paul Hastings, a leading global law firm, announced today that it is representing Nomura, Bank of Taiwan, Cathay United Bank, Co., LTD., ICBC International Capital Limited and Maybank Investment Bank Berhad, as mandated lead arrangers in connection with the US$330 million debt financing for AsiaInfo-Linkage, Inc.’s take-private acquisition by a consortium led by Chinese private equity company CITIC Capital Partners in an all-cash deal valued at approximately US$890 million.

More >>

A team of Akin Gump Strauss Hauer & Feld LLP attorneys is advising CITIC PE in relation to the management buyout of AsiaInfo-Linkage by a consortium that would take the company private.

More >>

Allen & Overy is advising SINOPEC Engineering (Group) Co., Ltd. (“SINOPEC Engineering”) on its landmark (approximately) USD2 billion initial public offering (IPO) and listing on the Hong Kong Stock Exchange, Hong Kong’s largest IPO so far in 2012. The firm’s Hong Kong office has a strong track record in advising on sizeable IPOs for Chinese state-owned enterprises, having advised Agricultural Bank of China on its USD22.1bn IPO in 2010.

More >>