Here are the law firms crafting Okada Manila’s $2.5 bln SPAC merger

BY Reuters |

Three law firms — Baker McKenzie, Milbank and Schulte Roth & Zabel — are driving Philippines-based casino Okada Manila’s plans to go public in the U.S. through a $2.5 bln merger with blank check company backed by a former Las Vegas Sands Corp. director.

Khaitan, SAM, Cleary advise on Tata Motors’ $1 billion fundraising

BY Aparna Sai |

Khaitan & Co has advised India’s Tata Motors on its 75 billion rupees ($1 billion) fundraise from private equity firm TPG’s Rise Climate Fund, which was represented by Shardul Amarchand Mangaldas and Cleary Gottlieb Steen & Hamilton.

Desai & Diwanji, AZB advise on $597 mln demerger

BY Aparna Sai |

Desai & Diwanji has advised India conglomerate Shapoorji Pallonji on the 44 billion rupees ($597 million) sale of controlling stake in its subsidiary Eureka Forbes to U.S. private equity firm Advent International. AZB & Partners represented Lunolux.

A&O, Allens act on Singtel’s $1.4 bln tower sale to AustralianSuper

BY Aparna Sai |

Allen & Overy has advised Singapore Telecommunications (Singtel) on the A$1.9 billion ($1.4 billion) sale of stake in its Australian Tower Network (ATN) to Australia’s superannuation fund AustralianSuper, which was represented by Allens.

K&S, Skadden lead on $1.6 bln Japan-Philippines power deal

BY Aparna Sai |

King & Spalding and SyCip Salazar Hernandez & Gatmaitan have advised Japan’s Jera on its $1.58 billion acquisition of stake in Philippines’ Aboitiz Power from its parent company Aboitiz Equity Ventures (AEV), which was represented by Skadden Arps, Slate, Meagher & Flom and Cruz Marcelo & Tenefrancia.

STB, S&C, Nishimura advise on $8 bln MUFG-U.S. Bancorp deal

BY Mari Iwata |

Sullivan & Cromwell has represented Japan’s Mitsubishi UFJ Financial Group (MUFG) on its $8 billion sale of MUFG Union Bank (MUB) to U.S. Bancorp, which was counselled by Simpson Thacher & Bartlett.

White & Case, Freshies act on $6 bln Indonesian telecom merger

BY Aparna Sai |

White & Case has advised Qatar's Ooredoo on its $6 billion agreement to merge its Indonesian telecom unit with that of Hong Kong's CK Hutchison, which was represented by Freshfields Bruckhaus Deringer.

India: JSA, Goodwin, Khaitan, Trilegal act on $450 mln funding round of car platform

BY Aparna Sai |

J Sagar Associates (JSA) has advised Indian used-vehicle platform Cars24 on its $450 million Series F funding round, with Goodwin Procter, Khaitan & Co and Trilegal advising various investors.

K Law, SAM, Veritas act on $730 mln India vaccine deal

BY Aparna Sai |

Krishnamurthy & Co (K Law) and Shardul Amarchand Mangaldas have advised biopharmaceutical company Biocon on the $730 million sale of a 15 percent stake in subsidiary Biocon Biologics to Serum Institute of India (SII), which was represented by Veritas Legal.

Skadden, Kirkland act on $1.7 bln HK biotech SPAC deal

BY Aparna Sai |

Skadden, Arps, Slate, Meagher & Flom has advised Hong Kong biotech startup Prenetics on its planned $459 million Nasdaq listing via a merger with special purpose acquisition company (SPAC) Artisan Acquisition, which was represented by Kirkland & Ellis.

HBT, Umbra advise on $434 mln Indonesia telecom tower deal

BY Aparna Sai |

Hiswara Bunjamin & Tandjung (HBT), Herbert Smith Freehills’ Indonesia associate firm, has counselled cellular operator Telkomsel on its $434 million sale and leaseback of 4,000 telecom towers to mobile company Mitratel, which was advised by local firm Umbra.

India: CAM, S&R, Sidley advise on housing finance firm’s $378 mln IPO

BY Aparna Sai |

Cyril Amarchand Mangaldas (CAM) has advised home loan company Aptus Value Housing Finance India on its 27.8-billion-rupee ($378 million) IPO, with S&R Associates and Sidley Austin counselling the book-running lead managers.