The groundbreaking collaboration facilitates the development and commercialization for Daiichi Sankyo’s lead product for cancer treatment.
Linklaters advised Jardine Strategic Holdings (“Jardines”) on the formation of a joint venture to set up a virtual bank in Hong Kong. The joint venture was the recipient of one of the first three banking licences to operate in the form of a virtual bank successfully granted by the Hong Kong Monetary Authority (“HKMA”), making this deal the first of its kind, supporting Hong Kong’s entry into the smart banking era.
Slaughter and May is advising Standard Chartered Bank (Hong Kong) Limited (SCBHK) on its strategic joint venture to build a new standalone digital retail bank in Hong Kong. The JV is among the first three successful applicants to have obtained a virtual bank licence from the Hong Kong Monetary Authority.
SCBHK will be the majority shareholder in the joint venture with a 65.1% shareholding, with PCCW Limited, HKT Limited and Ctrip.com (Hong Kong) Limited holding 10%, 15% and 9.9%, respectively.
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Global law firm Clyde & Co has advised World of Wonders Real Estate Development on its partnership with US-based luxury hospitality group sbe for the operation of the first SLS Hotel & Residences property in the Middle East.
King & Wood Mallesons London and Tokyo teams are advising Japan Airlines Co., Ltd., (JAL) on its proposed joint venture with leading travel technology company, Travelport Worldwide (Travelport).
DLA Piper represented Lantern Entertainment, an affiliate of Lantern Capital Partners, in the launch of Spyglass Media Group LLC, an independent premium content company focused on developing, producing, financing and acquiring motion pictures and television series for worldwide audiences, in partnership with former studio head Gary Barber.
Through the venture, Spyglass will own and control all of Lantern Entertainment's current assets, including a wealth of development projects and more than 250 film library titles, as well as scripted and unscripted television series.
International legal practice Osborne Clarke has advised M&G Real Estate (acting via its general partner) on its partnership with Telford Homes, the London focused residential property developer. Following an extensive selection process managed by Savills, Telford has chosen Invesco and M&G as long term strategic build-to-rent partners for forward fund transactions.
M&G will be the Group’s priority partner for schemes including up to 200 build-to-rent homes and Invesco will have priority for more than 200.
International law firm Bird & Bird has advised Riot Games, the video game developer and esports tournament organiser, on its ground-breaking partnership with Nike.
This partnership marks a significant moment for esports as it is Nike's first major deal in the sector. Under the partnership Nike will produce fan apparel and merchandise and will also provide apparel and footwear for all teams, casters, event staff and officials in the professional League of Legends Pro League (LPL) in China.
March 7, 2019 – International law firm Proskauer is representing longtime Barcelona-based client Grifols S.A. (NASDAQ: GRFS) in its entry into a strategic alliance with China’s leading blood plasma company, Shanghai RAAS Blood Products Co Ltd (002252.SZ). Pursuant to the transaction, Grifols will exchange a minority interest (45% economic rights and 40% voting rights) in its U.S.
Baker McKenzie is advising Wolverine World Wide Inc. ("Wolverine") on a joint venture with Xtep International Holdings Limited ("Xtep") to develop, market and distribute Merrell® and Saucony® products in Mainland China, Hong Kong and Macau.
The joint venture plans to open new stores under the Merrell and Saucony banners, with the majority slated for shopping malls in China’s larger cities, coupled with an increasing presence for these brands in Hong Kong and Macau. The joint venture is expected to begin operating in the second half of 2019.