Weil Maintains #1 Ranking In Asia Pacific Private Equity And Leading Asia M&A Rankings For The First Three Quarters Of 2012

Wednesday, October 10, 2012 - 10:00

Weil, Gotshal & Manges has been ranked #1 by Bloomberg for Asia-Pacific private equity deals announced for the first three quarters of 2012 (based on value). Weil's market share was 23 percent, representing $17 billion in deal value year-to-date in the region. Weil also maintained its top spot for global private equity, with an 18 percent market share and nearly $57 billion in deal value year-to-date.

The breadth and depth of Weil's Asia-Pacific M&A and private equity platform was further evidenced by its M&A rankings in the region. Weil was Top 3 for Asia Pacific (Ex-Japan), Top 3 for South Korea, and Top 10 for each of Australia/New Zealand, India and Hong Kong (all by deal value).

This success follows on from other independent recognition of Weil's preeminent Asia practice – earlier this year, IFLR awarded Weil private equity law firm of the year in Asia for 2012 (for the second year running), and Chambers & Partners selected Weil as its private equity international law firm of the year in China for 2012.

The firm has advised on a diverse array of Asia deals so far in 2012, being some of the highest profile and most innovative announced this year. This includes representing:

  • AMC (a portfolio company of a consortium of global private equity firms) in its $2.6 billion sale to the Dalian Wanda Group;
  • Abax Global Capital in the $364 million going-private acquisition of Fushi Copperweld, a Nasdaq-listed leading Chinese manufacturer;
  • Baring Private Equity Asia in its acquisition of a stake in Kyobo Life Insurance (as part of Daewoo's $1.1 billion sale of its Kyobo shares);
  • Ontario Teachers' Pension Plan Board in its approximately $400 million acquisition of a 9.9 percent stake in Kyobo Life Insurance; and
  • Lion Capital in the £1.2 billion sale of a controlling stake in Weetabix Food Company to Bright Food Company, one of China's largest food companies.

Perennially recognized as a leader in private equity, Weil has more than 200 lawyers in the U.S., Europe and Asia advising global private equity firms.