Walmart's 51% Increased Investment in Yihaodian
Represented Walmart’s Global e-Commerce division in its 51% increased investment in China e-commerce business Yihaodian. The transaction was one of the largest in-bound investments to China in 2012, and was recognized as a 2012 Deal of the Year by Asian-MENA Counsel.
McAfee's US$389 Million Tender Offer for Stonesoft Corporation
Representing Intel Corporation and McAfee, Inc., the world's largest dedicated security technology company and a wholly owned subsidiary of Intel, in McAfee's US$389 million tender offer for the outstanding shares and option rights of Nasdaq Helsinki OMX-listed Stonesoft Corporation, a global next-generation network firewall and network security solutions provider.
Hua Hong Semiconductor's Merger with Grace Semiconductor Manufacturing
Represented Hua Hong Semiconductor Limited in its merger with Grace Semiconductor Manufacturing Corporation. The transaction combines the business and operations of two of China’s leading semiconductor manufacturers.
Strategic Alliance Between Lianlian Group and American Express
Represented New Enterprise Associates and Oak Investment Partners as sellers and continuing shareholders in a strategic alliance between their portfolio company Lianlian Group, a China-based mobile services company, and American Express. The transaction included Amex’s purchase of an equity interest in Lianlian Group’s offshore holding company and an operating agreement under which Lianlian Pay will use American Express’ “Serve” platform, a next-generation consumer payment service technology, to provide new digital wallet products to the Chinese market.
Tangshan Jidong Products & Materials Trading Group's investment in CML Holdings
Represented China’s largest automobile trading group, Tangshan Jidong Products & Materials Trading Group, in an equity investment in and long-term iron ore offtake agreement with CML Holdings, Inc., a Utah-based iron mine operator.
Intel Capital
Represented Intel Capital in a number of investments and strategic alliances in China and Japan.
Altera’s acquisition of Enpirion
Represented Altera Corporation (NASDAQ: ALTR) in its acquisition of power conversion systems-on-chip (PowerSoCs) provider Enpirion, Inc.
Altera’s acquisition of TPACK
Represented Altera Corporation in its acquisition of TPACK A/S, a wholly owned Danish subsidiary of Applied Micro Circuits Corporation. TPACK delivers optical transport network products for packet and optical networking equipment suppliers.
Merrill Lynch Investment in China Solar Semiconductor Facilities
Represented Merrill Lynch as an arranger of a secured financing facility for an affiliate of a NYSE-listed semiconductor company to fund procurement of thim-film solar semiconductor equipment.
Merger of Itochu and Marubeni Business Units
Representing Itochu and Marubeni in the international aspects of the global merger of their steel fabrication and distribution business.
Microelectronics Technology's acquisition of TelASIC Communications' assets
Representing Taiwan Stock Exchange-listed Microelectronics Technology Inc. in its acquisition of the assets of TelASIC Communications, a designer of mixed signal integrated circuits and wireless communications applications.
Asahi Breweries' sale of interest in Forester's Brewing Group
Representing Asahi Breweries in the sale of a 13% interest in Forester's Brewing Group for $500 million (the largest corporate buy-back in Australian history).
Marubeni's Restructuring of GAL and PCL Joint Ventures
Represnting Marubeni in the restructuring of Pacific Crossing Limited and Global Access Limted, its tran-Pacific submarine and Japanese terrestrial fiber-optic cable joint ventures with Asia Global Crossing, including Asia Global Crossing's agreement to purchase capacity on the Global Access fiber-optic network in Japan.
Hughes Electronics' sale of Direct TV/Japan
Representing Hughes Electronics in the sale of the assets of Direct TV/Japan to SKY Perfect.
Fujitsu Limited's $1.2 billion cash tender offer for Amdahl Corporation
Representing Fujitsu Limited in its successful $1.2 billion cash tender offer for Amdahl Corporation, and other investments in Asia and the U.S.
L'Air Liquide's venture with The BOC Group and Tender Offer for Air Liquide Japan
Representing L'Air Liquide S.A., a global provider of industrial gases, in the consolidation of its Japanese business with that of The BOC Group Plc., and in Air Liquide's US$150 million tender offer for the shares of its TSE-listed subsidiary Air Liquide Japan Ltd.
Chinese Listco in US Strategic Investment
A cross-office team of attorneys represented China's largest auto-mobile trading company group, Tangshan Jidong Products & Materials Trading Group, in an equity investment in and long-term iron ore offtake agreement with CML Holdings, Inc., a Utah-based iron mine operator. CML is using the investment proceeds to build an advanced concentrated ore processing facility. The transaction team was led by Sherry Yin and Chuck Comey, and included Palo Alto partner Bill Choe, Beijing associate Calvin Jin, Palo Alto associates Andrea Grieco, Tom Anderson and Patrick Fischer, with invaluable specialist assistance from Larry Engel and Vince Novak (bankruptcy), Christian Petersen (offtake arrangements) and Miles Imwalle and Geoff Pittman (environmental).