News & Announcements

Weil-led Take-Private of 51job, Inc. Recognized as TMT Deal of the Year at The Asia Legal Awards 2023

Weil has been recognized for leading the $4.3 billion take-private of 51job, Inc. (China) with TMT Deal of the Year honors at International’s Asia Legal Awards 2023.

Weil acted as counsel to Mr. Rick Yan, CEO of 51job, Inc., and co-counsel to a consortium that includes Mr. Rick Yan, Recruit Holdings, DCP Capital Partners and Ocean Link Partners in this landmark transaction. Founded in 1998, 51job is China’s leading provider of integrated human resource services, including recruitment, retention and career development.

The Weil team members involved in the M&A and financing aspects of the transaction include Hong Kong partner Chris Welty, counsel Kevin Yao and Graham Price, and associates Max Chu, Qi Zhang and Isolde Tsukabayashi.

Recognized as Asia’s most renowned awards for the legal profession, The Asia Legal Awards honor the most important transactions and cases with the most complex and outstanding legal work in the region across a wide range of practice areas and disciplines.