News & Announcements

Weil-led Take-Private of 51job, Inc. Shortlisted for M&A Deal of the Year at Thomson Reuters ALB Hong Kong Law Awards 2022

Weil has been recognized for leading the $4.3 billion take-private of 51job, Inc. (China), which has been shortlisted for M&A Deal of the Year honors at the Thomson Reuters Asian Legal Business Hong Kong Law Awards 2022.

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 was led by Hong Kong Private Equity partner Chris Welty, and included counsel Kevin Yao and associates Max Chu, Graham Price, Qi Zhang and Isolde Tsukabayashi.

The longest-running award for the legal industry in Hong Kong, the pre-eminent ALB Law Awards pay tribute to the outstanding performance of private practitioners and in-house teams in the Asia region. The winners will be announced at an awards ceremony in Hong Kong on September 9, 2022.