Akin Gump Advises on One of Asian-MENA Counsel’s “Deals of the Year”
(Hong Kong) – The privatization of Giant Interactive Group, on which Akin Gump served as counsel to Duff & Phelps, has been recognized as a 2014 Deal of the Year by Asian-MENA Counsel. Duff & Phelps served as joint financial advisor to Giant’s special committee.
Noted by the media as the second-largest PE-backed privatization of a U.S.-listed Chinese company, the $3 billion transaction required, according to Asian-MENA Counsel, “a merger between a consortium of affiliates subsequent to its de-listing from the NYSE…[and] one of the first to employ a toehold investment structure…in order to initially forego filing a form 13D.”
The Akin Gump team advising Duff & Phelps was led by Hong Kong corporate partner and Asia practice head Greg Puff, supported by partner Zach Wittenberg and associate Michelle Chan.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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