News & Announcements

Weil Recognized for Private Equity Deal of the Year at The Asia Legal Awards 2024

Weil has been recognized for its work on the $3.16 billion take-private of Chindata Group Holdings Limited (Chindata Group) by Bain Capital, which has been named Private Equity Deal of the Year at International’s The Asia Legal Awards 2024.

Weil represented Citigroup Global Markets Asia as financial advisor to the special committee of the board of directors of Chindata Group in connection with the $3.16 billion take-private acquisition of U.S.-listed Chindata Group by Bain Capital. Chindata Group is a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets including China, India and Southeast Asia. The transaction was the largest take-private deal involving a Chinese company in 2023, according to Mergermarket.

The Weil team involved in the award-winning transaction was led by Hong Kong partner Chris Welty, and included Max Chu and Qi Zhang in Hong Kong and Adé Heyliger in Washington, D. C.

Recognized as Asia’s most renowned ceremony for the legal elite, the annual Asia Legal Awards honors the best work in the region.” Now in their 11th year, the awards hosted by International celebrate the most important transactions and cases with the most complex and outstanding legal work in Asia.