Mountain View, CA (October 2, 2015) – Fenwick & West is pleased to announce that the firm was honored for its role on China’s Global M&A Deal of the Year by The American Lawyer at the 2015 Global Legal Awards. The firm received the award for advising a special committee of the board of directors of Giant Interactive Group Inc., a leading Chinese online game developer and operator, as its U.S. legal counsel in Giant’s $3 billion going private transaction.
“With a value of 3 billion dollars in cash, the Giant deal represents the second largest going-private transaction by a Chinese company listed on the New York Stock Exchange to date,” reported The American Lawyer in its announcement of the honor.
The merger agreement was pursuant to a going private deal involving a consortium made up of the chairman of the board of directors of Giant Interactive Group, an affiliate of Baring Private Equity Asia and an affiliate of Hony Capital Fund V, L.P. After the company’s shareholders approved the merger, Giant Interactive became privately held and ceased trading on the Nasdaq stock exchange.
“The lawyering was a fairly massive multi-player game in its own right, with advisers spread across Europe, Asia, North America and offshore,” noted The American Lawyer.
The Fenwick team included corporate partners Gordy Davidson, David Michaels and Eva Wang and associates Ken Myers, Aaron Hou, Jen Huang and Elena Coleman.
In addition to The American Lawyer honor, Fenwick’s M&A work on the Giant Interactive deal earned the firm other accolades including China Law Business Journal’s Deal of the Year and Global M&A Network’s Asia Pacific Private Equity Deal of the Year.
About Fenwick & West
Fenwick & West provides comprehensive legal services to ground-breaking technology and life sciences companies – at every stage of their lifecycle – and the investors that partner with them. We craft innovative, cost-effective and practical solutions on issues ranging from venture capital, public offerings, joint ventures, M&A and strategic relationships, to intellectual property, litigation and dispute resolution, taxation, antitrust, and employment and labor law. For more than four decades, Fenwick has helped some of the world's most recognized companies become and remain market leaders. For information about a career at Fenwick visit us at fenwick.com/careers.