September 19, 2014
Weil’s private equity team earned top honors in two categories at the 8th annual China Law & Practice Awards. Weil was named the 2014 “International Team of the Year” for private equity and the winner of the 2014 “Private Equity Deal of the Year” Award following a comprehensive review by China Law & Practice, a China-based legal and risk management publication.
Weil was recognized with the “Private Equity Deal of the Year” Award for its role in the $3 billion privatization of Giant Interactive Group, one of the largest U.S.-listed Chinese companies to be taken private. A Weil team advised Baring Private Equity Asia, a member of a consortium – led by Giant Interactive Group Chairman Yuzhu Shi – that entered into a definitive merger agreement to acquire Giant Interactive Group, China’s leading online game developer and operator.
Weil continued its streak in the private equity arena, following its win of China Law & Practice’s 2013 “Private Equity Deal of the Year” Award, which recognized the Firm’s representation of Citigroup and Credit Suisse in the $3.7 billion Focus Media privatization.
In addition to being honored for its private equity work, Weil was also shortlisted for three other 2014 China Law & Practice Awards: “International Team of the Year” in mergers and acquisitions, “Energy & Natural Resources Deal of the Year” for the Firm’s representation of Apache Corp. in the $3.1 billion sale of a 33 percent stake in its Egyptian oil and gas business to China’s Sinopec International Petroleum Exploration and Production Corp., and “Real Estate and Construction Deal of the Year” for Weil’s representation of an investors consortium, which included HOPU Fund and Bank of China, in the $2.5 billion investment in Singapore’s Global Logistics Properties.
The 2014 winners of the prestigious China Law & Practice Awards, which recognize “trailblazing deals” and “top-quality practitioners,” were announced at a ceremony at the JW Marriott Hotel in Beijing on September 18th.