Kirkland & Ellis Represents Tudou in Merger with Youku

Kirkland & Ellis represented Tudou Holdings Limited (NASDAQ: TUDO) in a deal announced yesterday that combines the top two players in China’s burgeoning online video market. Tudou and Youku Inc. (NYSE: YOKU) signed a definitive agreement to combine in a 100 percent stock-for-stock transaction, expected to be completed by the third quarter of 2012, pending customary closing conditions and shareholder approvals. Upon completion, Youku and Tudou shareholders will own approximately 71.5 percent and 28.5 percent of the combined company, respectively. The combined company will be named Youku Tudou Inc., and Youku’s American depositary shares (ADSs) will continue to be listed on the NYSE under the symbol “YOKU”.

More >>

Tags:  Kirkland & Ellis LLP | Hong Kong

Norton Rose Advises China Daye Non-Ferrous Metals on Reverse Takeover

International legal practice Norton Rose Hong Kong has advised China Daye Non-Ferrous Metals Mining Limited, a company listed on the Hong Kong Stock Exchange, on the acquisition of four copper mines in China from an entity ultimately controlled by the Hubei Provincial Government for a total consideration of around US$900 million, which was satisfied by the issue of new shares and convertible notes.

More >>

Tags:  Norton Rose Fulbright | Hong Kong

Paul Hastings Advises J.P. Morgan on China Daye’s Very Substantial Acquisition, Reverse Takeover and Deemed New Listing

Paul Hastings, a leading global law firm, announced today that it advised J.P. Morgan, as the sole sponsor and financial adviser, on China Daye Non-Ferrous Metals Mining Limited’s (“China Daye”) deemed new listing resulting from the RMB5.8 billion acquisition of Prosper Well Group Limited (“Prosper Well”). The acquisition was made through the purchase of sale shares by China Daye from Prosper Well’s shareholders, China Times Development Limited and China Cinda (HK) Asset Management Co., Limited, in consideration for the issuance of new shares and convertible notes by China Daye.

More >>

Tags:  Paul Hastings, LLP | Hong Kong

Yuet Ming Tham Joins Sidley Austin’s Hong Kong Office

International law firm Sidley Austin is pleased to announce that Yuet Ming Tham has joined the firm’s Arbitration, Litigation and Regulatory Group as a partner in the Hong Kong office. Ms. Tham’s practice focuses on regulatory issues, governmental investigations and compliance, including the Foreign Corrupt Practices Act, with a particular focus on the pharmaceutical and medical device industry sector.

More >>

Tags:  Sidley Austin LLP | Hong Kong

Clifford Chance Advises National Agricultural Cooperative Federation on Its Successful Debt Liability Management Exercise for Its Reorganisation

Leading international law firm Clifford Chance has advised the National Agricultural Cooperative Federation (NACF) in its successful debt liability management exercise including solicitation of consents from the holders of its outstanding US$400,000,000 5.55% notes due 2012, US$180,000,000 8.50% notes due 2014, US$500,000,000 5.00% notes due 2014, US$500,000,000 4.25% notes due 2016, US$500,000,000 3.50% notes due 2017, HKD230,000,000 4.80% notes due 2012, HKD250,000,000 4.56% notes due 2013, SGD50,000,000 1.10% notes due 2012, SGD38,000,000 zero coupon notes due 2012, SGD40,000,000 1.27% notes due 2013 and JPY10,000,000,000 3.16% notes due 2 May 2018.

More >>

Tags:  Clifford Chance LLP | Hong Kong

Kirkland & Ellis Acted as Hong Kong Counsel to Morgan Stanley, Deutsche Bank and BOCI in US$580 Million IPO and Hong Kong Listing of Sunshine Oilsands

Kirkland & Ellis acted as the Hong Kong legal adviser to the underwriters, led by Morgan Stanley, Deutsche Bank and BOCI, in the US$580 million initial public offering of Alberta, Canada, incorporated Sunshine Oilsands Ltd. (Stock code: 2012), which debuted its listing on the Hong Kong Stock Exchange today.

More >>

Tags:  Kirkland & Ellis LLP | Hong Kong