We have a long-standing presence in Asia: we opened our Hong Kong office in 1974. Our Beijing office, which opened in September 2009, is a natural extension of our practice in the region. By combining the strength of our own offices with that of the leading law firms in the region, we are able to provide a pan-Asian legal service of the highest quality.
We have 13 partners, over 40 other lawyers and a total staff of over 100 in our Beijing and Hong Kong offices. In Hong Kong we practice English and Hong Kong law and provide US securities law capability for capital markets transactions in Hong Kong. In Beijing we focus on M&A and outbound investment from China, as well as inbound investment and other projects involving China. Most of our lawyers are fluent in Mandarin and are able to draft, negotiate and advise in a trilingual environment.
We are also continuously engaged in a broad range of work throughout Asia advising clients on their cross border needs especially local and international public and private companies with their inbound and outbound M&A in Asia. Our close working relationships with market leading independent law firms in the PRC and throughout the Asia Pacific region ensure that we are able to deliver an integrated pan-Asian and China legal service of the highest quality for our clients.
Our key experience includes advising: Standard Chartered in the sale of its consumer finance businesses in Hong Kong and Shenzhen, being PrimeCredit Limited and Shenzhen PrimeCredit Limited, to a consortium comprising China Travel Financial Holdings Co., Limited, Pepper Australia Pty Limited and York Capital Management Global Advisors, LLC. Oversea-Chinese Banking Corporation Limited, the second largest financial services group in Southeast Asia by assets, on its US$4.95 billion acquisition of Wing Hang Bank, Limited. Swiss Re Ltd in relation to its acquisition from Zurich Insurance Company Ltd of a 4.9% shareholding in New China Life Insurance Company Ltd. Liu Chong Hing Investment Limited and its subsidiary, Chong Hing Bank Limited, a Hong Kong-based commercial bank, on the US$1.5 billion acquisition by municipality-owned and Guangzhou-based Yue Xiu Enterprises (Holdings) Limited. Thermo Fisher Scientific Inc., on the competition aspects of its US$13.6 billion takeover of Life Technologies Corporation which included competition clearances in nine jurisdictions including China, Japan, South Korea, Australia, and New Zealand. Malaysian Airports Holdings Berhad in the acquisition of a 40% equity stake in İstanbul Sabiha Gökçen Uluslararası Havalimanı Yatırım Yapım ve İşletme A.Ş. (the company which manages operations at Sabiha Gökçen Airport) and LGM Havalimanı İşletmeleri Ticaret ve Turizm A.Ş. (the company which establishes and manages hotels, lounges and food and beverage facilities at Sabiha Gökçen Airport) from the GMR Group for a total cash consideration of EUR 225 million. Arcadis N.V., the global natural and built asset design and consultancy firm listed in the Netherlands, on the acquisition of the inProjects group and the Genesis group. These groups operate project management, store fitting and sourcing businesses in various jurisdictions across the Asian Pacific region including China, Hong Kong, India, Singapore and Macau. Ratnakar Bank Limited, one of India’s fastest growing private sector banks, on English law aspects of their acquisition of RBS’s business banking, credit cards and residential mortgage businesses in India.