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  • Belgian company Interbrew has become the successful bidder to acquire the Bass Brewers business from the UK's Bass for £2.3 billion ($3.5 billion). The acquisition marks the end of a competitive bidding process for the company which has continued for several months.
  • Advisers on Royal Ahold euro 3billion offering
  • Kyung Wook Hur, director of the international financial policy Pision of the Korean Ministry of Finance and Economy, is circling the globe to promote investment in Korea.
  • Coudert Brothers will complete its withdrawal from Vietnam later this year when it closes its Hanoi office. Last year it closed its Ho Chi Minh office.
  • Palo Alto's Wilson Sonsini Goodrich & Rosati sat across the table from New York's Sullivan & Cromwell to advise on the Nasdaq IPO of India's Rediff.com.
  • The US Competitive Telecommunications Association (CompTel) has warned the US Chamber of Commerce in Taiwan that it must support CompTel's recommended local telecom reforms, ensuring Taiwan conforms to WTO commitments.
  • A choice collection of firms from New York, London and Beijing advised on China Unicom's $4.9 billion Hong Kong and New York IPO. It is the biggest ever Asian IPO outside of Japan.
  • The Ministry of Justice in China has granted White & Case a licence to open an office in Shanghai. This will be the firm's first office on the Chinese mainland. Until now the firm has operated its China practice from Hong Kong.
  • Tax partner Joe Doloboff has left Skadden Arps Slate Meagher & Flom to become the co-director of Ernst & Young's US West Coast tax practice. Doloboff is the first partner that Skadden Arps has lost to a big five firm.
  • Law firms are convinced that WTO accession will change the way they do business in China. But, as Nick Ferguson reports, some firms have already found ways of making the most of the opportunities available