Headlines • Alibaba Asks Firms to Pick Sides • Four Firms on Woolworths' Aussie Acquisition • Pinsent Masons Adds Partner in Beijing • Aussie Firms on Wesfarmers' Insurance Brokerage Sale • Yoon & Yang Adds M&A Partner • Shearman, Davis Polk on $3.2 Billion India Drug Merger The Chinese e-commerce giant, which is expected to have the world's largest IPO since Facebook Inc. later this year, has let it be known it won't be hiring any firm for transactional work that also advises its major competitors. Though such demands are not uncommon outside of Asia, not least in the U.S. tech sector, lawyers say firms face a more complicated choice in the super-competitive but still-developing China market. Read More » South African retailer Woolworths has offered to pay $2 billion for Australia's David Jones chain of upscale department stores. Read More » Helena Chen was previously a partner in Taipei with Taiwanese law firm Formosan Brothers. Read More » U.S. insurance brokerage Arthur J. Gallagher & Co. has proposed buying the business of the Australian conglomerate for $933 million. Read More » Do Hyung Kim was previously a partner with rival Korean firm Yulchon. Read More » Indian generic drug maker Sun Pharmaceutical Industries Ltd. is acquiring local competitor Ranbaxy Laboratories Ltd. from Japan's Daiichi Sankyo Co. Read More » |
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