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  • By Rino Caiazzo, Ughi e Nunziante, Rome
  • By Alberto Giampieri and Giovanni Nardulli of Gianni, Origoni & Partners, Rome
  • Herbert Smith acted for Lazard Capital Markets, joint lead manager in a secondary offering of 8% of the issued share capital of Yazicilar Otomotiv ve Gida Yatirim ve Pazarlama Sanayi ve Ticaret Anonim Sirketi, a company incorporated in Turkey. The offering raised approximately $125 million
  • In the first acquisition of a Paris-listed bank by a foreign institution, HSBC Holdings is buying Crédit Commercial de France in a deal worth $10.6 billion. Cleary, Gottlieb, Steen & Hamilton is acting as legal adviser to HSBC and local firm Darrois Villey Maillot Brochier for Crédit Commercial.
  • Weil Gotshal to open Frankfurt office
  • Lawyers in Hong Kong and Singapore are relishing renewed investor confidence in Indonesia. Milbank, Tweed, Hadley & McCloy, Norton Rose and Herbert Smith are among the first to advise on foreign investments into Indonesia since the downturn.
  • Tony Foster of Freshfields, Vietnam discusses the implications for foreign and domestic lenders of two decrees on security and the problems for clients in reconciling the two regimes
  • Asset transfer tax on secondary offerings of shares
  • Euronext: a strategic move towards one European Stock Exchange
  • Limitations on the authority of the competition commission