Awards & Recognition

Weil Recognized for Private Equity Work at 2013 China Law & Practice Awards Ceremony

— China Law and Practice Magazine

International law firm Weil, Gotshal & Manges LLP was recognized for its role in the Focus Media $3.7B privatization, which was named Private Equity Deal of the Year by China Law & Practice magazine. Weil represented Citigroup and Credit Suisse, leading financial advisors to the consortium that is taking over Focus Media, in the transaction.

The China Law & Practice Awards recognize “innovation, complexity, and market impact” and work that influences “the legal market and benefit[s] the quality and development of China’s legal landscape.”

Weil, which has offices in Beijing, Shanghai and Hong Kong, has advised on some of the highest-profile and most innovative deals in Asia, including providing technology and intellectual property advice to Yahoo! in the $7.1 billion sale of its 20% stake in Alibaba back to Alibaba. Weil also represented Abax Global Capital in the $364 million privatization of Fushi Copperweld; AMC Entertainment in its $2.6 billion sale to the Dalian Wanda Group; Shanda Interactive Entertainment’s Special Committee in Shanda’s $2.3 billion going-private merger; Baring Private Equity Asia in its acquisition of a stake in Kyobo Life Insurance (part of Daewoo's $1.1 billion sale of its Kyobo shares); Lion Capital in the £1.2 billion sale of a controlling stake in Weetabix Food Company to Bright Food Company, one of China's largest food companies; and GE in its global transmission and distribution partnership with XD Electric.

Weil’s Asia practice has received wide recognition from leading publications and directories, including most recently:

  • Named Asia M&A Team of the Year at the International Financial Law Review’s (IFLR) Asia Awards 2013
  • Ranked a Tier 1 Firm in Asian Legal Business’s 2013 survey of M&A
  • Ranked among the Top 10 law firms in announced private equity/venture capital buyout deals by China Business Law Journal