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Weil Shortlisted for Top Deal and Individual Awards at The Asia Legal Awards 2024

Weil has been shortlisted for top honors at Law.com International’s The Asia Legal Awards 2024, highlighting the Firm’s expertise and accomplishments advising on “the best work in the region.” 

In addition, Weil has been recognized for its work on two landmark transactions, including the $6.5 billion business combination of Tricor Group and Vistra Group and the $3.16 billion take-private of Chindata Group, both of which have been shortlisted for Private Equity Deal of the Year and M&A Deal of the Year.

Weil acted as counsel to the lead co-investor in the $6.5 billion business combination of Tricor Group and Vistra Group, two large portfolio companies of Baring Private Equity Asia (now known as EQT Private Capital Asia). The successful merger of the two Asia-headquartered corporate services providers creates a market leader in the global business services space. This landmark transaction was one of Asia's largest private equity-backed transactions in 2023.

Weil also represented Citigroup Global Markets Asia as financial advisor to the special committee of the board of directors of Chindata Group in connection with the $3.16 billion take-private acquisition of U.S.-listed Chindata Group by Bain Capital. Chindata Group (NASDAQ: CD) is a leading carrier-neutral hyperscale data center solution provider and a first mover in building next-generation hyperscale data centers in Asia-Pacific emerging markets including China, India and Southeast Asia. The transaction, which was the largest take-private deal involving a Chinese company in 2023 according to Mergermarket, closed during the fourth quarter of 2023.

The Weil team involved in the two award-winning transactions was led by Hong Kong Private Equity partner Chris Welty, with the support of the Firm’s multi-disciplinary specialists in the United Kingdom and the United States.

The global Weil team included Jie Yuan, Max Chu and Qi Zhang in Hong Kong; Stephen Fox, James Harvey, Aron Joy and Oliver Rosshandler in London; Greg Featherman in New York, and Shawn Cooley and Adé Heyliger in Washington, D.C.

Recognized as Asia’s most renowned awards for the legal profession, The Asia Legal Awards honors the most important transactions and cases with the most complex and outstanding legal work in the region. The winners will be announced at an awards ceremony on March 14, 2024.

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