Corporate and M&A: foreign firms in Singapore

A&O Shearman

A&O Shearman’s market-leading practice covers the full spectrum of mandates, from private M&A, joint ventures, disposals, corporate restructurings and fundraisings to general commercial and corporate governance issues across the ASEAN region, in addition to inbound Singapore matters. Alun Evans, who focuses on cross-border M&A, joint ventures and restructurings, jointly leads the team alongside James Mythen, who has demonstrable experience advising private equity and other corporate investors across the banking and insurance, telecommunications, infrastructure and technology sectors on regional transactions. Recently promoted partner Tom Jokelson focuses on M&A, joint ventures and strategic investments involving Indonesia, Vietnam and the Philippines. Other key contacts in the group include senior associates Christine Fong and Ayesha Thapar. Following its merger with Shearman & Sterling, the team now includes Richard Porter and Kok Jin Ong.

Practice head(s):

Alun Evans; James Mythen

Other key lawyers:

Tom Jokelson; Christine Fong; Ayesha Thapar; Felicia Tan; Richard Porter; Kok Jin Ong


‘James Mythen has strong industry knowledge and you can always count on him for commercial and practical advice.’

‘Ayesha Thapar is a competent and capable lawyer, with a very cheerful attitude. I especially appreciate her responsiveness.’

‘Reliable, commercial, practical and always available.’

Key clients



Macquarie Group

General Atlantic





Work highlights

  • Advised Telenor on the USD15 billion merger of its Malaysian mobile operator Digi.Com Berhad (Digi) with Celcom Axiata Berhad (Celcom) to form a newly-merged entity named Celcom Digi.
  • Advised Telenor on the high-profile merger of Total Access Communication Public Company Limited (dtac) with True Corporation Public Company Limited (True) to create a new Thai company.
  • Advised EdgeConneX on its joint venture with Aboitiz to acquire, develop, establish and operate data centre facilities and build a platform of carrier neutral data centre projects in the Philippines.

Clifford Chance

Noted for its capability to advise on Singapore, English and New York law, the ‘all-star team’ at Clifford Chance covers the full spectrum of mandates, from M&A, joint ventures and divestments to general corporate advisory work across the energy and infrastructure, financial services, consumer goods and retail, healthcare and life sciences, TMT and private equity sectors. Praised as ‘one of the best M&A lawyers in Singapore’, managing partner Valerie Kong has built a strong portfolio of clients, including sovereign wealth funds, Singapore and Malaysia government-linked entities, multinational banks and corporates, with demonstrable experience in cross-border M&A, particularly in the Southeast Asia region. Kong jointly leads the team alongside Melissa Ng, who is commended for her ‘keen intellect, commerciality and extensive experience’ in M&A, divestments and joint ventures, and Tom Lin, who focuses on private equity transactions. Senior associate Ivan Chan is another key contact in the group.

Practice head(s):

Valerie Kong; Tom Lin; Melissa Ng

Other key lawyers:

Ivan Chan


‘Good, pragmatic advice striking the right balance between taking a view that will get the deal done while also protecting their clients.’

‘Extremely hard-working and great availability.’

‘Clifford Chance is consistently excellent. Led by Valerie Kong, they have an all-star team that provide solutions-focused, cross-border advice and a round the clock service.’

‘Valerie Kong is one of the best M&A lawyers in Singapore. She is razor sharp, responsive and leads by example.’

‘Melissa Ng is an excellent M&A lawyer, who is recognised by clients and peers for her keen intellect, commerciality and extensive experience in handling complex transactions. She is very calm, knowledgeable and a natural problem-solver. Melissa also has in-depth experience on Indonesian M&A.’

‘Speed of execution, strong ability to deliver exceptional work even under time pressure.’

‘Valerie Kong is an excellent M&A lawyer who has strong commercial understanding and is able to provide very helpful and practical legal advice.’

Key clients

Indonesia Investment Authority

Abu Dhabi Developmental Holding Company PJSC

Caisse de dépôt et placement du Québec


US International Development Finance Corporation

PTT International Holding Limited

Keppel Infrastructure Trust

Ayala Land

ACEN Corporation

JSW Group

Star Energy

PT Medco Energi Internasional Tbk



Mitsubishi Corporation

Philip Morris



Partners Group

Intermediate Capital Group

CVC Capital Partners

Rizal Commercial Banking Corporation


Home Credit Group

Navis Capital Partners

Platinum Equity

SeaTown Private Capital

Mintz Group


Alpha JWC Ventures


CLSA Real Estate

Work highlights

  • Advised Home Credit Group B.V. on its agreement to sell 100% of its Philippines and Indonesian consumer finance businesses to a consortium of Mitsubishi UFJ Financial Group (MUFG) affiliates, led by Krungsri Bank, in deals worth approximately €615 million.
  • Advised leading global private markets firm Partners Group, acting on behalf of its clients, on the international aspects of its acquisition of a majority stake in Sunsure Energy.
  • Advised the Ayala Group’s listed energy platform ACEN Corporation, through ACEN Renewables International Pte. Ltd. and ACEN International, Inc., on the international aspects of its partnership with and investment into renewable energy producer BrightNight’s India platform.

Freshfields Bruckhaus Deringer

Praised as an ‘excellent team to have in your corner’, Freshfields Bruckhaus Deringer acts for major international companies on big-ticket transactions across Asia Pacific. Practice leader Nigel Gleeson, who is commended as ‘a superb operator with considerable cross-border M&A experience’, counts financial sponsors, including private equity houses, pension, and infrastructure funds, as well as sovereign linked investors, among his key roster of clients. Philip Morgan spearheads the Indonesian practice and advises on acquisitions, joint ventures, and divestments, while Simon Weller heads the firm’s global transactions practice and recently relocated to Singapore. Jon Bowden is another key contact in the group.

Practice head(s):

Nigel Gleeson

Other key lawyers:

Philip Morgan; Simon Weller; Jon Bowden; Alice Boughton


‘The Freshfields M&A team is an excellent team to have in your corner. They are mature and skilled in avoiding unnecessarily adversarial situations with opposing counsel. They are great at driving the process forwards.’

‘Nigel Gleeson is a superb operator with considerable cross-border M&A experience.’

‘Alice Boughton is a force to be reckoned with and her capacity for getting things done is unsurpassed.’

Key clients




Warburg Pincus


Canada Pension Plan Investment Board




Udenna Corporation


Ontario Teachers’ Pension Plan

Synergy Marine

CK Hutchison


Tianshan Aluminum Group

Affinity Equity Partners

Work highlights

  • Advised the Permira funds (Permira) on the successful completion of its sale of the Tricor Group to funds affiliated with Baring Private Equity Asia (Baring), including obtaining a variety of regulatory approvals during the review period.
  • Advised TPG (S) Capital Pte. Ltd. (TPG) and Hong Leong Bank Berhad (Hong Leong) on their acquisition of the International Medical University Group (IMU) from IHH Healthcare Berhad (IHH), a Malaysia-listed international private healthcare group (the University Sale).
  • Advised Nexif, on the sale of Nexif Energy’s portfolio of Australian and Southeast Asian energy assets to the Thai-listed RATCH Group PLC.

Latham & Watkins LLP

Noted for its capabilities in US, English and Singapore law advice, Latham & Watkins LLP handles the full spectrum of mandates, including public M&A, private takeovers, joint ventures, corporate restructuring and disposals. Amy Beckingham, who splits her time between the firm’s offices in Singapore and Hong Kong, advises on public and private M&A and joint ventures, while Sidharth Bhasin acts for private equity, sovereign wealth, and pension funds, as well as Asian and international corporates, on cross-border transactions. James Clayton-Payne focuses on multi-jurisdictional M&A and joint ventures, and Sharon Lau has experience in acquisitions and corporate finance transactions. Other key contacts in the group include Marcus Lee and Farhana Sharmeen.

Practice head(s):

Amy Beckingham

Other key lawyers:

Sidharth Bhasin; James Clayton-Payne; Sharon Lau; Marcus Lee; Farhana Sharmeen; Michael Sturrock

Key clients


Fullerton Healthcare Corporation Limited

Singapore Technologies Telemedia Pte. Ltd.

Warburg Pincus

Searchlight Capital Partners

Zapp Electric Vehicles Limited

Traveloka Holding Limited

Harps Global Pte Ltd

Ontario Teachers’ Pension Plan

Singapore Technologies Engineering Ltd.

Platinum Equity

Golden Energy and Resources

Evolution Data Centers

BW Industrial Development Joint Stock Com


Praised as a ‘top quality’ practice, Linklaters continues to showcase its capability in large-scale, cross-border transactions, leveraging the firm’s international footprint, combined with its well-established presence across Southeast Asia. Sophie Mathur leads the team and boasts a strong track record advising on M&A, private equity transactions, takeovers and joint ventures, with demonstrable experience in the financial services and energy sectors. Niranjan Arasaratnam stands out for his expertise in the technology arena, while Robert Elliot focuses on transactions involving private equity, infrastructure and sovereign wealth funds. Counsel Gary Beh, who assists on M&A and corporate regulatory mandates, is another key contact in the group.

Practice head(s):

Sophie Mathur

Other key lawyers:

Niranjan Arasaratnam; Robert Elliot; Gary Beh


‘Top quality across the board.’

‘The firm is thorough in terms of reviewing corporate documents within the context of M&A transaction.’

‘The team is dedicated and proactive.’

Key clients


Macquarie Asset Management

AXA and Affin Bank

Keppel Infrastructure Trust


Altaris Capital Partners

Qatar Investment Authority

Line Man Wong Nai


DKSH Holding Ltd

L Catterton Asia Advisors

EdgePoint Infrastructure

Work highlights

  • Advised Citi on the sale of its six consumer banking franchises in Southeast Asia and EMEA.
  • Advised the lead investor LINE Man Corporation Pte. Ltd (LINE MAN) on its US$265m Series B fundraising in LINE MAN Wongnai.
  • Advised Actis, a leading global investor in sustainable infrastructure, on the acquisition of a majority stake in Levanta Renewables (Levanta), a Southeast Asia-focused renewables platform with 300MW of onshore wind power projects in advanced development in Vietnam.


Praised for its ‘unrivalled experience’ and ‘incontestable reputation in Southeast Asia’, Milbank counts multinational investment banks, multilaterals and funds, as well as regional and national companies across the power generation, natural resources, telecoms, consumer retail, e-commerce and healthcare sectors, among its key roster of clients. Managing partner David Zemans is heavily involved in cross-border transactions, namely involving Indonesia, India, China and European elements, with demonstrable experience in SPAC and de-SPAC transactions, joint ventures, auction sales, and minority investments. Zemans jointly leads the team alongside Jacqueline Chan, who stands out for her expertise in corporate finance, M&A and restructurings. ‘A rare lawyer of quality and character’, associate Min Kim is another key contact in the group.

Practice head(s):

David Zemans; Jacqueline Chan

Other key lawyers:

Min Kim


‘Jacqueline Chan is sharp and quick on her feet. ’

‘The group has an unparalleled depth of skill, delivered by a team of standout individuals.’

‘Jacqueline Chan has very good knowledge backed by extensive experience of M&A transactions in Indonesia.’

‘The lawyers display an outstanding level of negotiation skills and are extremely detailed-oriented. Milbank possesses strong relationships in Indonesia, as well as Singapore, and they have unrivalled experience working on transactions in these jurisdictions and the region. The firm has an incontestable reputation in Southeast Asia.’

‘The Milbank team’s dedication to excellence and contributions truly set them apart, and it was a pleasure to observe them at work during the course of the transaction.’

‘Min Kim’s understanding of corporate law, meticulous attention to detail, strategic thinking, and understanding of Indonesian state-owned enterprise were instrumental in the success of the matter. A rare lawyer of quality and character.’

‘They really took the time to understand our business.’

Key clients

Tiga Acquisition Corp.

Rimorchiatori Mediterranei S.p.A.

Emergent Logistics Pte. Ltd.

PT Kimia Farma Tbk

Prime Infrastructure Holdings, Inc.

FKS Food and Agri Pte Ltd

Atlantic Gulf & Pacific Group

Columbia Pacific Management, Inc.

Masan Group Corporation

WatchBanQ Group

PT Supreme Energy

Singapore Telecommunications Limited

Grab Holdings Inc.

Work highlights

  • Advised Tiga Acquisition Corp., a special purpose acquisition company, in connection with its merger with Grindr.
  • Advised Rimorchiatori Mediterranei on the acquisition of Keppel Smit Towage Private Limited and Maju Maritime PTE Ltd.
  • Advised Emergent Logistics Pte Ltd in connection with the deployment of a new commercial warehouse portfolio in Indonesia to JD Vermilion Pte Ltd, a joint venture between Emergent Asia Logistics Management Pte Ltd and JD Bright Development V (HK) limited, a subsidiary of

Baker McKenzie Wong & Leow

Well-placed to leverage the firm’s international footprint, the team at Baker McKenzie Wong & Leow handles an array of domestic and cross-border transactions, from private equity and venture capital deals to corporate reorganisations and growth capital mandates. Andrew Martin, who focuses on multi-jurisdictional M&A and joint ventures, jointly leads the practice alongside Bee Chun Boo, who has demonstrable experience in the energy, mining, infrastructure, healthcare and technology sectors. Xiao Hui Ting and Sharon Foo advise on M&A and joint ventures, in addition to general corporate matters.

Practice head(s):

Andrew Martin; Bee Chun Boo

Other key lawyers:

Xiao Hui Ting; Sharon Foo


‘Availability, commercial mindset, good understanding of deals and flexibility to address changes during negotiation.’

‘Close collaboration with teams in other regions, with in-depth knowledge of local regulatory issues.’

‘Professional, personal and commercial.’

Key clients

Acciona Energia Global

Kewalram Chanrai Group

DuPont de Nemours, Inc. (DuPont)

Electricity Generating Public Company Limited (“EGCO Group”)

Evercore Asia (Singapore) Pte. Ltd.

Nomura Holdings, Inc.

Shell Eastern Petroleum (Pte) Ltd

S&P Global Inc.

TA/Accion Labs Holdings, LLC

Tybourne Capital Management (HK) Limited

UOB Venture Management Private Limited

Wilbur-Ellis Holdings Inc.

Sequoia Capital

Work highlights

  • Advised Nomura Holdings, Inc. on the auction sale of its shares in Capital Nomura Securities Public Company Limited.
  • Acted as lead counsel for the EGCO Group on the disposal of its entire shares in three geothermal power plants in Indonesia to Star Energy Group Holdings Pte. Ltd.
  • Advised Kewalram Chanrai Group on the sale of its 100% interest in EcoOils Group, a waste oil recycling business, to Shell Eastern Petroleum.

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP continues to showcase its capability in handling first of its kind M&A transactions, from infrastructure projects across Southeast Asia and large-scale towers sale and leaseback deals in the Philippines to private equity investments and strategic corporate transactions. Following the departure of Mark Robinson, Glynn Cooper, who spearheads the firm’s Southeast Asia energy, resources and infrastructure group and advises on M&A, joint ventures and project developments, jointly leads the team alongside Jamie McLaren, who focuses on private equity investments, growth capital financings and corporate divestments. Irina Akentjeva’s expertise lies in energy and infrastructure transactions. In September 2023, Malika Chandrasegaran relocated from the firm’s Sydney office, Anthony Patten and Peiwen Chen joined from King & Spalding LLP and White & Case Pte. Ltd. respectively.

Practice head(s):

Glynn Cooper; Jamie McLaren

Other key lawyers:

Irina Akentjeva; Victor Chiew; Malika Chandrasegaran; Peiwen Chen; Anthony Patten

Key clients

Infrared Capital Partners

Indonesia Investment Authority (INA)

DP World

Globe Telecom, Inc. (Globe)

Unity Digital Infrastructure

Axiata Group Berhad

Goldman Sachs

Asia Partners and 65 Equity Partners

DigitalBridge Investment Management and Columbia Capital

International Finance Corporation and Armstrong Clean Energy Fund

Standard Chartered Bank

Work highlights

  • Advised InfraRed Capital Partners and its consortium on the mutual cessation of the SportsHub public-private partnership in Singapore, involving the divestment of the SportsHub assets to Singapore government agency SportsSG.
  • Advised Indonesia Investment Authority (INA) and an international consortium on its investment cooperation with Waskita Karya for two sections of the Trans Java Toll Road in Indonesia.
  • Advising DP World on the ongoing implementation of its strategic alliance with the Indonesia Investment Authority (INA) to invest into the Indonesian port and logistics sector, with the total investment potentially reaching USD 7.5 billion.

Hogan Lovells Lee & Lee

Counting domestic and multinational corporates, private equity houses, investment funds and family offices among its key roster of clients, Hogan Lovells Lee & Lee handles cross-border transactions, with demonstrable experience across the consumer goods, healthcare, life sciences, technology, and financial services sectors. Stephanie Keen leads the team and boasts a strong track record in leveraged buyouts, M&A, equity offerings and corporate restructurings. Counsel Sylvia Taslim, who focuses on a variety of first-of-its-kind transactions in the emerging markets, is another key contact in the group.

Practice head(s):

Stephanie Keen

Other key lawyers:

Sylvia Taslim; Esther Wong


‘Very commercial and efficient.’

‘Stephanie Keen is always excellent.’

‘Esther Wong is super reliable, commercial and aware.’

Key clients


Navis Capital Partners

Flipkart Private Limited

Affirma Capital Managers

Woodward, Inc.

Marubeni Growth Capital Asia

Giift Management Asia Pte. Ltd.

Work highlights

  • Advised PhonePe Singapore on the separation of ownership of PhonePe Private Limited, India (PhonePe India) from the Indian e-commerce giant Flipkart Private Limited (Flipkart).
  • Advised Navis Capital, an Asia-based private equity firm, on the sale of its entire interest in TES-Envirocorp Pte. Ltd. (TES) to SK ecoplant Co., Ltd. (SK ecoplant).
  • Advised Marubeni Growth Capital Asia on their entry into a master franchising and IP licensing agreement with Tim Hortons Asia Pacific, a subsidiary of Restaurant Brands International.

Jones Day

Jones Day showcases its capability in private equity-sponsored leveraged buyouts and acquisitions, in addition to advising on real estate private equity transactions, venture capital investments, and oil, gas and energy-related M&A transactions. Key clients include US and European-headquartered companies acquiring business in Asia. Ben Witherall, who handles acquisitions, disposals and investments, jointly leads the team alongside Dennis Barsky, who focuses on cross-border transactions, with demonstrable experience in private equity-sponsored leveraged buyouts and transformative acquisitions for multinational clients. Elizabeth Cole is another key contact in the group.

Practice head(s):

Dennis Barsky; Ben Witherall

Other key lawyers:

Elizabeth Cole; Zack Oswald


‘Professional, sharp, clear and commercially minded.’

‘Ben Witherall and Zack Oswald are constructive lawyers, who propose good solutions.’

Key clients

CBRE Investment Management



Greystar Real Estate Partners, LLC

OMERS Administration Corporation

Macquarie Capital (USA) Inc.

UPL Limited

PETRONAS Chemicals Group Bhd

The Procter & Gamble Company

PTT Global Chemical Limited

Oxford Properties Group Limited

Temasek Holdings Limited

Yamaha Motor Co., Ltd.

Twilio Inc.

Verizon Ventures LLC

Maxeon Solar Technologies, Ltd.

ATN International Inc.

Stonepeak Infrastructure Partners

Entravision Communications Corporation

Morrison Foerster (Singapore)

Housing an ‘impressively deep bench of leading lawyers’, Morrison Foerster (Singapore) advises on large-scale M&A, private equity transactions and joint ventures, with demonstrable experience in the real estate, technology and financial services sectors. Practice leader Shirin Tang, who is qualified in New York and Singapore, has considerable experience in private equity and venture capital transactions, M&A and joint ventures, while Lip Kian Ang is active across the fintech, technology, life sciences and consumer goods industries. Tabitha Saw focuses on private equity real estate and data centre transactions, and Steven Tran is praised as ‘immensely knowledgeable’ in cross-border private equity and M&A deals.

Practice head(s):

Shirin Tang

Other key lawyers:

Lip Kian Ang; Tabitha Saw; Steven Tran; Eric Piesner; Yong Wei Tan; Lisa Yeo


‘Tabitha Saw is responsive and has a strong understanding of data centre leases. Extremely smart and able to effectively manage complex transactions.’

‘The team is very responsive to client requests and needs.’

‘Shirin Tang delivers commercial and creative solutions and has an excellent understanding of our business. She is very user-friendly.’

‘Morrison Foerster has always had a solid name regionally and internationally as a top-tier M&A practice, however the relatively recent expansion of the Singapore team has clearly underscored their commitment to the region with an impressively deep bench of leading lawyers.’

‘Steven Tran is a stellar hire for Morrison Foerster. Not only is he immensely knowledgeable on the law, but he is a born pragmatist – able to sift the really important issues from the pack and focus on delivering true value to clients.’

‘MoFo has been an outstanding firm that has become our principal deal counsel on almost every investment we make in Asia.’

‘Lip Kian Ang and Yong Wei Tan are an outstanding team. Deeply experienced, highly responsive, and gives user-friendly advice.’

‘Lip Kian Ang is user-friendly and responsive. ’

Key clients

GLP Pte. Ltd.

Princeton Digital Group


FLOW Digital Infrastructure


Work highlights

  • Acted as international counsel to GLP’s China Logistics Fund I and its affiliates in the US$5 billion sale of the portfolio developed within GLP CLF I.
  • Represented IndoSpace in the formation of IndoSpace Logistics Parks IV (ILP IV), the company’s fourth development vehicle, targeting US$600 million of total equity commitments.

Norton Rose Fulbright

With demonstrable experience in the technology, insurance, financial services, energy, oil and gas, shipping and infrastructure sectors, Norton Rose Fulbright’s ‘high pragmatic’ team continues to showcase its capability in multi-jurisdictional transactions, involving China and Southeast Asia, as well as the US, UK, EU and Canada. Craig Loveless, who has experience in M&A, disposals, restructurings and joint ventures, jointly leads the team alongside insurance expert Anna Tipping, who handles M&A transactions in the financial institutions sector. Other key contacts in the group include counsel Shahin Foroughian, and senior associates Dexter Tan and Chris Bell.

Practice head(s):

Anna Tipping; Craig Loveless

Other key lawyers:

Shahin Foroughian; Dexter Tan; Chris Bell


‘Highly pragmatic and very technical advice.’

Key clients




AWP Health & Life

Cleantech Energy Corporation



Louis Dreyfus Company


Omni-Plus System Limited

Singapore Life (Singlife) and Aviva Singapore

Standard Chartered Bank

Work highlights

  • Advised AWP Health & Life SA on its acquisition of certain businesses from Aetna Life Insurance Company and Aetna International Inc.
  • Advised AXA S.A. on the sale of its life and general insurance operations in Singapore (being 100% of the shares in AXA Insurance Pte. Ltd. (AXA Singapore)) to HSBC Insurance (Asia-Pacific) Holdings Ltd (an HSBC Group subsidiary), for a total cash consideration of USD$529 million.
  • Advised AXA IM Impact Fund Climate and Biodiversity on its investment into Forest Carbon Pte. Ltd in support of efforts to restore wetland forests, conserve biodiversity and develop rural economies.

Skadden, Arps, Slate, Meagher & Flom LLP

Praised for its ‘attentiveness to client requirements, quick turn around times and approaching matters strategically’, Skadden, Arps, Slate, Meagher & Flom LLP has demonstrable experience advising on large-scale M&A mandates, while boasting a strong track record in noteworthy de-SPAC transactions. Head of the Singapore office Rajeev Duggal leads the team and advises on cross-border M&A and SPAC transactions arising out of the US, Europe, Asia and the Middle East. Counsel Andrew Cohn, who has experience in public and private M&A, tender offers, spin-offs and venture capital deals, is another key contact in the group.

Practice head(s):

Rajeev Duggal; Jonathan Stone

Other key lawyers:

Andrew Cohn


‘Attentiveness to client requirements, quick turn around times and approaching matters strategically.’

‘Rajeev Duggal is strategic in his approach to matters.’

Key clients

Grab Holdings Inc.

Axiata Group Berhad

Aboitiz Equity Ventures Inc.

Central Group

Frontier Tower Associates Philippines Inc.


Work highlights

  • Advised Axiata Group Berhad in the US$12 billion merger of Axiata’s and Telenor Asia Pte Ltd.’s respective Malaysian mobile operations, Celcom Axiata Berhad and Berhad.
  • Advised Bridgetown Holdings in its business combination with MoneyHero Group and proposed listing on Nasdaq.
  • Advised Frontier Towers Associates Philippines Inc. on its US$810 million acquisition of telecom towers from Globe Telecom Inc.

White & Case Pte. Ltd.

Noted for its expertise in the real estate, energy and infrastructure, data centre, technology and fintech sectors, White & Case Pte. Ltd. services clients throughout the South and Southeast Asia region on high-end M&A and private equity transactions. Jonathan Olier leads the team and counts private equity entities, large-scale corporates, investment funds and family offices among his key roster of clients, with demonstrable experience advising on a range of cross-border corporate transactions. Sayak Maity departed the firm in March 2024.

Practice head(s):

Jonathan Olier

Other key lawyers:

Tzi-Yang Seow

Key clients

Adani Road Transport Ltd.

Advent International

Aquilius Investment Partners Pte. Ltd.

Baring Private Equity Asia

bolttech Holdings Ltd.

Brenntag Group

Brookfield Renewable Partners

CVC Capital Partners

DigitalBridge Group, Inc.


Flow Digital Management Pte Ltd


Global Amines Company Pte. Ltd.


Macquarie Capital (Singapore) Pte. Limited

Nestle S.A.

Ratch Group Public Company Limited

Schneider Electric

Pacific Century Group


PT Tudung Putra Putri Jaya

Wilmar International

WizRocket Inc.

Work highlights

  • Represented the RATCH Group PCL on its US$605 million acquisition of the Nexif Energy Group, a renewable energy platform with wind, solar and hydro energy assets across Australia, the Philippines, Vietnam and Thailand.
  • Represented FLOW Digital Infrastructure (“FLOW”), a PAG Real Estate Company founded to develop a leading digital infrastructure platform in Asia-Pacific, on its joint venture with AyalaLand Logistics Holdings Corp, to develop carrier-neutral data centers across the Philippines.
  • Represented ESR on several landmark deals including its US$208 million investment in BW Industrial and its joint venture with PGIM Real Estate.

Ashurst LLP

The ‘extremely detailed, service-oriented and commercial’ team at Ashurst LLP continues to showcase its capability in cross-border transactions, with demonstrable experience across the technology, energy and renewables, real estate and logistics sectors. Praised as a ‘rock star’, Michelle Phang co-leads the team and focuses on multi-jurisdictional M&A and investments, in addition to day-to-day operations. Well-placed to handle both the Singaporean and Indonesian aspects of transactions, Phang frequently collaborates with the corporate practice at Ashurst ADTLaw, which was recently bolstered with the arrivals of practice co-head Tao Koon Chiam, Xiaozheng Ko and Yi Ming Choo from Allen & Gledhill LLP in August 2022.

Practice head(s):

Tao Koon Chiam; Michelle Phang

Other key lawyers:

Xiaozheng Ko; Yi Ming Choo


‘The Ashurst SG team has been very commercially savvy, offering not only legal advice but likewise commercial insights which have helped us structure the deal better.’

‘Solid team with strong legal technical skills but more importantly, have a keen ability to bring in a commercial sense into the legal discussions. ’

‘Tao Koon Chiam has been exceptional in his grasp of commercial nuances, identifying the crux of the issue amidst confusing scenarios and applying the legal expertise of his team to craft solutions.’

Key clients



SC Capital Partners / RECAP (SC Capital Partners’ opportunistic fund series, Real Estate Capital Asia Partners)

Sunray Woodcraft Construction


BMS Group



Varde Partners

Sojitz Corporation

C-Quest Capital

Computershare Hong Kong Investor Services Limited

Boardroom Limited

OpenSpace Ventures

MDI Ventures

DANA / PT Elang Andalan Nusantara


AC Energy

KV Asia

Altair Capital

Navis Capital

AirCarbon (a global exchange for carbon credits)

WhiteCoat (a leading telehealth service platform)

Work highlights

  • Acted for PT Elang Andalan Nusantara (operating through its subsidiaries as DANA) in its latest fundraising round in excess of USD 555 million.
  • Acted for AC Energy on its winning bid to acquire 49% equity interest in Solar NT, a unit of Thailand’s Super Energy Corp, which owns and operates nine solar power plants in Vietnam with a total of 837 MW capacity, via a competitive bidding process.
  • Acted for KoinWorks in its USD 108 million Series C fundraising round.


Praised for its ‘rich experience and attention to detail’, Dechert is well-placed to advise on cross-border transactions across the technology, energy and natural resources, financial services and infrastructure sectors. Maria Tan Pedersen has experience in M&A, joint ventures and financing transactions, while ‘creative, thoughtful, and meticulousSiew Kam Boon advises on private equity, emerging growth and venture capital mandates. Timothy Goh counts private equity and venture capital entities, start-ups, multinational companies and development finance institutions among his key roster of clients. All named partners collectively lead the team.

Practice head(s):

Siew Kam Boon; Maria Tan Pedersen; Timothy Goh


‘The Dechert team was able to hit the ground running, very quickly understood the deal and its complicated structure and provided quick and practical legal and structuring advice that enabled our company to expeditiously make an investment decision and close the deal.’

‘Maria Tan Pedersen led the Dechert team in providing us with very timely and practical advice. She was very accessible and is quick to provide solutions to issues we’ve faced.’

‘The team has rich experience and attention to detail.’

‘Very responsive and thoughtful.’

‘Siew Kam Boon is creative, thoughtful, and meticulous, not to mention incredibly approachable and easy to work with.’

‘The team is responsive to clients’ requests.’

Key clients

Capital Square Partners Management Pte Ltd

PT Dian Swastatika Sentosa Tbk

ABC Impact

TAG Holdings

Stockbit Pte. Ltd.


Reefknot Investments Pte. Ltd.


Work highlights

  • Assisted Capital Square Partners on the formation of a c. US$700m fund involving the acquisition of certain portfolio assets from certain earlier vintage funds managed by CSP and Basil Technology Partners.
  • Advising TAG Holdings Limited and its subsidiaries, on its business combination with AGBA Acquisition Limited, a special purpose acquisition company.
  • Assisting ACEN Renewables International Pte. Ltd., on the Monsoon onshore wind project in Lao PDR, which when completed will be the largest wind power project in Southeast Asia.

DLA Piper

Counting multinational corporations and Singapore-based companies among its key roster of clients, DLA Piper is noted for its capability in multi-jurisdictional transactions, from M&A, joint ventures and corporate restructurings to private equity and venture capital mandates. Noted for his expertise in the technology, financial, energy and real estate sectors, managing partner Joe Bauerschmidt leads the team alongside David Kuo, who advises on corporate finance transactions, and Katherine Chew, who focuses on M&A and corporate restructurings. Philip Lee, who is English, New York and Australian qualified, is another key contact in the group.

Practice head(s):

Joe Bauerschmidt; David Kuo; Katherine Chew

Other key lawyers:

Philip Lee

Key clients

Lanvin Group Holdings

Hinduja Global Solutions


Digital Edge Asia

Mizuho Asia Partners Pte Ltd

Pitney Bowes Inc.

PT Asia Vision Network

Surbana Jurong

Sylebra Capital

TOM Group

Pine Labs

Danaher Corporation

Apeiron AgroCommodities Pte. Ltd.

Ellimist Singapore Pte Ltd.

Zash Global Media and Entertainment Corp.

Elisa Oyj

Lockton Group

Work highlights

  • Representing Lanvin Group Holdings in its US$1.8 bn de-SPAC and merger with Primavera Acquisition Corp.
  • Advising INEOS Phenol on its acquisition of Mitsui Phenols Singapore Pte. Ltd. from Mitsui Chemicals for a total consideration of USD330m.
  • Providing ongoing counsel to Digital Edge Asia on more than US$2bn of pending and potential acquisitions in China, India and Indonesia and other corporate work in Hong Kong, Japan, Singapore, the Philippines and Korea.

Gibson Dunn

Commended for its ‘creativity and efficiency’, Gibson Dunn has demonstrable experience advising on M&A, share and asset purchases, tender and exchange offers, joint ventures, restructurings and private equity investments. The team is noted for its expertise in the technology, energy and infrastructure, healthcare and consumer goods sectors. Jai Pathak leads the team and handles cross-border takeovers, dispositions, privatisations and joint ventures, namely arising out of Singapore and India. Saptak Santra and counsel Marcus Tan, who ‘form an outstanding team’, are also key contacts in the group.

Practice head(s):

Jai Pathak

Other key lawyers:

Saptak Santra; Elaine Chao; Brad Roach; Marcus Tan


‘The team are very capable and professional. They understand the issues and can draft appropriate documentation quickly.’

‘Their knowledge and speed to get things done is impressive.’

‘Saptak Santra thinks like a business person and gets a large amount of work done in a short amount of time.’

Key clients


Quidel Corporation

Veritas Funds

Chevron Corporation

Murphy Oil

The Sylvan Group

Quant Systems

Quant Systems

Adani Group

Vahanna Tech Edge Acquisition I Corp.

King & Spalding LLP

The ‘superb team’ at King & Spalding LLP stands out for its expertise in energy and renewables-related M&A, with additional capability in handling disposals, private equity transactions and general corporate mandates. Commended for his ‘hands-on approach and remarkable availability’, Parveet Singh Gandoak advises on cross-border M&A, minority and control investments, joint ventures, secondary transactions, exits, and restructurings. Gandoak jointly leads the team alongside Simon Cowled, who specialises in energy-related M&A and project development transactions. Other key contacts in the group include senior associates Jill Cooper and Michael Ng.

Practice head(s):

Parveet Singh Gandoak; Simon Cowled

Other key lawyers:

Jill Cooper; Michael Ng


‘King & Spalding LLP regularly delivers high quality work, tailor-made to suit the clients needs and commercial intent. They always give clear and concise advice.’

‘Parveet Singh Gandoak is a lawyer par excellence, who is known to consistently give high quality legal advice. Parveet has the unique distinction of being a top global lawyer who understands the intricacies of Indian ethos and sensitives.’

‘We have been very impressed with the K&S team collaborating on India-related deals. The team and partners are fully hands-on and available for all support.’

‘Parveet Singh Gandoak has stood out for us owing to his hands-on approach and remarkable availability, as well as understanding nuanced India-related issues and negotiation sensitivities.’

‘Excellent professionals, great quality of advice and pragmatic approach. Always available and have broad-ranging international experience.’

‘A superb team that protects their clients interests to the hilt.’

‘They build a superb environment to get deals done quickly. Partners are hands-on and manage the transaction efficiently.’

Key clients

BrightNight APAC B.V.

Mitsui & Co., Ltd.

Batavia Oil Pte. Ltd.


King & Wood Mallesons

King & Wood Mallesons counts domestic and cross-border M&A, joint ventures and private equity transactions in its workload, with demonstrable experience advising on digital infrastructure deals in South and Southeast Asia. Nicola Yeomans, who specialises in private equity transactions, leads the team. Michael Lawson has experience in the energy, infrastructure, life sciences and telecoms sectors, and Will McCosker acts on Chinese and pan-Asian investment transactions. Nick Davies, who advises on strategic investments, acquisitions, joint ventures, disposals and commercial partnerships across Southeast Asia, is another key contact in the group. Jake Robson left the firm in March 2024.

Practice head(s):

Nicola Yeomans

Other key lawyers:

Michael Lawson; Will McCosker; Nick Davies

Key clients


EBOS Group

I Squared Capital, and Big Data Exchange



Denham Capital

Boost Holdings


Work highlights

  • Advised PSPIB on its co-investment alongside KKR to acquire an office building in Singapore.
  • Advised Axiata, one of the largest corporates in Malaysia, on its joint venture with RHB bank in Malaysia in relation to the successful bid for one of the first Malaysian digibank licences.
  • Advised MUFG Bank on its US$200 million investment in and strategic collaboration with Southeast Asia FinTech unicorn Akulaku.

Sidley Austin LLP

Praised for its ‘extensive experience and business perspective’, Sidley Austin LLP is well-placed to leverage the firm’s full-service capability and international footprint to advise on M&A and private equity transactions. With demonstrable expertise in the digital infrastructure, insurance and the real estate sectors, Charlie Wilson leads the practice and is noted for his experience in advising private equity funds and corporates on their investments and disposals across Asia. Parthiv Rishi, who acts for private equity firms and their portfolio companies on M&A, leveraged buyouts and capital investments in Southeast and India, is another key contact in the group.

Practice head(s):

Charlie Wilson

Other key lawyers:

Parthiv Rishi; Eldon Chan


‘Charlie Wilson, himself together with Sidley’s M&A team, is the perfect team a client would want on their side. Their excellent knowledge, extensive experience and business perspective is the right combination which makes them stand out amongst others.’

‘The team is responsive and always steps into our shoes and advise from the perspective of our business requirements.’

‘Eldon Chan has been exceptional.’

Key clients




65 Equity Partners

Hillhouse Capital

Gaw Capital

DigitalBridge (and its portfolio platforms EdgePoint Infrastructure and Xenith Infrastructure Group)

Apollo and Athene

Ivanhoé Cambridge Inc. (the real estate investment arm of CDPQ)

Indika Energy

Work highlights

  • Advised EdgePoint Infrastructure (EdgePoint) on its initial investment in the Philippines market, which formed part of a landmark dual disposal by Smart and DMPI of a total of 5,907 telecom towers, representing the largest-ever acquisition of assets in the Philippines by international investors.
  • Represented ChrysCapital in the highly complex acquisition of Xoriant Corporation, a digital product-engineering, software-development, and technology-services firm headquartered in Silicon Valley with offices in the U.S., Europe, and Asia, with customers ranging from start-ups to Fortune-100 customers globally.
  • Advised Singapore-headquartered Sembcorp Industries on the sale of Sembcorp Energy India, one of the largest power producers in India, for INR117 billion, or approximately US$1.5 billion, to a consortium led by Oman Investment Corporation and the Ministry of Defense Pension Fund, Oman.

Stephenson Harwood LLP

The ‘highly responsive’ team at Stephenson Harwood LLP handles private equity and venture capital investments across South and Southeast Asia, with demonstrable experience in the transport and maritime, technology and healthcare sectors. Acting in a formal alliance with Virtus Law LLP, the practice is well-placed to advise on the domestic and international aspects of transactions. Praised as an ‘excellent technical lawyer, whose client service is second to none’, Tom Platts leads the team and handles M&A, strategic joint ventures and corporate restructurings. Other key contacts in the team include US-qualified Jonathan Goacher, who joined the team from Hill Dickinson LLP in May 2023, Jay Tai who joined from Proskauer Rose LLP‘s Hong Kong office in October 2023, and of counsel Helen Rhind-Hufnagel.

Practice head(s):

Tom Platts

Other key lawyers:

Jonathan Goacher; Helen Rhind-Hufnagel; Jay Tai


‘Highly responsive and accurate advice.’

‘Tom Platts is responsive and pleasant to work with.’

‘Helen Rhind-Hufnagel provides thorough advice.’

‘The team is led by Tom Platts. It has bench strength to undertake several complex matters at once. SH in Singapore is not just a satellite office of a UK firm, it is a powerhouse in its own right.’

‘Tom Platts is an excellent technical lawyer, whose client service is second to none. He is available, efficient and very easy to work with.’

Key clients

BW Group

TotalEnergies Renewables Asia Pte. Ltd.

AIGF Advisors Pte Ltd

Swire Pacific Offshore

Asia Maritime Pacific

Lyniate and Hg Capital


Petronas and Petronas Ventures

S&P Global Platts

Corporation Service Company


Ringier AG

StraitNZ Limited, Ferry Lines Limited

Affinity Shipping

Work highlights

  • Advising BW Group on its acquisition of 100% of Hawaiki Submarine Cable and International Connectivity Services (Hawaiki), New Zealand headquartered entities owning the Hawaiki Submarine Cable amongst other assets.
  • Advised the French-headquartered global energy player, TotalEnergies, on its joint venture and associated commercial arrangements with Japanese energy group, ENEOS, to develop onsite B2B solar distributed generation across Asia over the next five years.
  • Advised private equity fund manager ASEAN Industrial Growth Fund on its investment in BHS Kinetic Pte Ltd.

Bird & Bird ATMD LLP

Bird & Bird ATMD LLP is well-placed to leverage the firm’s international network to advise on multi-jurisdictional transactions, ranging from M&A, joint ventures, corporate restructurings and takeovers to leveraged buyouts, privatisations and private equity investments. Key clients include multinational companies and financial institutions, as well as private equity firms and government-linked entities. Marcus Chow leads the team and advises on M&A in the private and public markets, in addition to private equity and venture capital investments and exits. Co-head of the firm’s energy sector practice, Sandra Seah is another key contact in the group.

Practice head(s):

Marcus Chow

Other key lawyers:

Sandra Seah; Jolie Giouw


‘Marcus Chow and Jolie Giouw warrant mention due to their excellent knowledge and quality of services.’

‘The services provided by both Marcus Chow and Jolie Giouw are exceptional.’

Key clients

KludeIn I Acquisition Corp

ABC Impact

East Ventures

ACA Investments Pte Ltd

PTW Asia Pte Ltd

MassMutual Ventures SEA Management Pte Ltd

Cercano Management Asia Pte. Ltd.

ST Engineering Ventures

ALP Venture Pte Ltd

Enero Group Limited

TreeDots Enterprise (Private Limited) Group Holdings, Inc

United Overseas Bank Limited

Rackspace US Inc

MedSupply International Holdings Pte. Ltd

PPRO Holding GmbH

Inex Innovate Pte. Ltd.

Toku Pte. Ltd.

Organica Water

Brunel Energy Holding B.V.

K2 Partnering Solutions Pte. Ltd.

R3 Asia Pacific Pte. Ltd.

Aser Group Holding Pte Ltd

PXP Financial Group Limited

Waypoint Asset Co 12 Limited

Work highlights

  • Acted as Singapore, French and Australian counsel for KludeIn I Acquisition Corp, in its merger with Near Intelligence Holdings which will generate US$268 million in gross proceeds and peg Near at a Pro-forma market capitalisation of nearly US$1 billion.
  • Advised ABC Impact, a Singapore-headquartered Asia-focused private equity firm, on its US$36 million funding in Iceotope Technologies, a UK-based precision immersion cooling tech firm.
  • Advised EV Growth, a growth fund under Indonesian venture capital firm East Ventures, on its series A+ funding round for Singapore designer toy collectibles start-up Mighty Jaxx.

CMS Cameron McKenna Nabarro Olswang (Singapore) LLP

Noted for its expertise across the healthcare and life sciences, TMT, energy and financial services sectors, CMS Cameron McKenna Nabarro Olswang (Singapore) LLP is well-placed to leverage its global footprint to advise on cross-border transactions, from M&A, joint ventures and reorganisations to fundraisings, private equity and venture capital investments. Managing partner Toby Grainger acts for multinational corporations, regional corporates, start-ups and high-growth energy companies on cross-border M&A and investment transactions in the Asia Pacific region. Grainger jointly leads the team alongside London-based Babita Ambekar.  Of counsel Sam Ng is another key contact in the group. Gerald Licnachan joined the firm from Reed Smith LLP in November 2023.

Practice head(s):

Toby Grainger; Babita Ambekar

Other key lawyers:

Sam Ng

Key clients

BioNTech SE

Ecommerce Enablers Pte. Ltd. (ShopBack)

Gupshup Inc.

Ocean 14 Capital Fund

Entoria Energy

Ignite Thailand Holdings Limited (t/a Roojai)


Keppel Communications

Brightlight Energy

STT Communications


AF Global



European Bank for Reconstruction and Development


Meltwater Singapore Pte. Limited

Work highlights

  • Acted for BioNTech on the acquisition of a site and premises in Singapore for the purposes of manufacturing Covid-19 vaccines.
  • Advised Gupshup on its acquisition of Active.Ai.
  • Advised Ocean 14 Capital, a PE investor focused on sustainable solutions for oceans, on its acquisition of SyAqua Group, a shrimp aquaculture business with regional reach across Southeast Asia, as part of the client’s wider roll-up strategy across the region.

Dentons Rodyk

Counting vendors, acquirers and financiers across the technology, healthcare, corporate real estate, consumer products and financial services sectors among its key roster of clients, Dentons Rodyk leverages its comprehensive international network to advise on cross-border M&A, private equity and venture capital transactions. Praised as ‘a leading authority in M&A’, Marian Ho jointly leads the team alongside Eng Leng Ng and S Sivanesan, while other key contacts in the group include Valerie Ong, Evelyn Ang, Sunil Rai and Mark Wong.

Practice head(s):

S Sivanesan; Eng Leng Ng; Marian Ho

Other key lawyers:

Valerie Ong; Evelyn Ang; Sunil Rai; Mark Wong; Rachel Tan


‘Rachel Tan goes the extra mile in her work, which marks her out as a top performer. Rachel’s work is of very high quality, and her client engagement and ability to deliver under pressure makes her a valuable ally to have on a negotiation.’

‘On time and on budget, and always a pleasure to work with. Great depth of talent and breadth of experience across the firm.’

‘Marian Ho is a leading authority in M&A and corporate compliance matters. Reliable and dependable partner for in-house legal counsel.’

Key clients

Mobile TeleSystems Public Joint Stock Company

PerkinElmer, Inc.

SK Global Entertainment, Inc.

OPIS, A Dow Jones Company

Element Materials Technology

Segezha Group

Razer Inc.

Oman Investment Corporation

The Straits Trading Company Limited

Oversea-Chinese Banking Corporation Limited

Hyphens Pharma International Limited

SP Corporation Limited

SingHaiyi Group Ltd.

The Ascott Limited (TAL)

Boustead Projects Limited

Genera Group Holding S.p.A

Work highlights

  • Advising The Straits Trading Company Limited on its distribution of approximately S$217.9 million by way of distribution in specie of new ordinary shares of Straits Trading, or at shareholders’ election, up to 62,758,837 ordinary shares in the issued share capital of ESR Group Limited held by Straits Trading, to shareholders of Straits Trading.
  • Advising Oversea-Chinese Banking Corporation Limited on the voluntary conditional cash offer by OCBC, for and on behalf Sanjuro in connection with the voluntary conditional cash offer for all the issued and paid-up ordinary shares in the share capital of Hwa Hong Corporation Limited.
  • Advising PerkinElmer, Inc. on the sale of its Applied, Food and Enterprise Services business to the leading growth-oriented private equity firm New Mountain Capital.

Duane Morris & Selvam LLP

With demonstrable experience across the technology and telecommunications, energy, consumer goods and pharmaceuticals sectors, Duane Morris & Selvam LLP handles M&A and lease agreements, in addition to advising clients on forming business entities in Singapore, Vietnam and Myanmar. Leon Yee leads the team and advises on cross-border M&A, joint ventures and corporate governance matters, with a particular focus on deals arising out of Korea, Indonesia and China.

Practice head(s):

Leon Yee

Key clients

Globe Telecom

Axiata Investments (Indonesia) Sdn Bhd

PT XL Axiata Tbk

Work highlights

  • Represented Globe Telecom, Inc on its transferred sites master lease agreements, as well as its build-to-suit and colocation master lease agreements, in relation to the leaseback portion of a US$ 1.64 billion sale and leaseback of telecommunication towers in the Philippines.
  • Represented Axiata Investments (Indonesia) Sdn Bhd and PT XL Axiata Tbk on their acquisition of 66.03% of the issued share capital of PT Link Net Tbk for approximately US$595 million.

Reed Smith LLP

Reed Smith LLP stands out for its expertise in the energy and infrastructure sectors, with demonstrable experience advising on domestic and cross-border M&A, private equity and venture capital transactions, joint ventures and corporate governance mandates. Matthew Gorman leads the practice and acts for public and private companies on multi-jurisdictional M&A, joint ventures and equity issues, and Manoj Purush is another key contact in the group. Gerald Licnachan left the firm in November 2023.

Practice head(s):

Matthew Gorman

Other key lawyers:

Manoj Purush; Johnny Lim


‘The team’s responsiveness and promptness were commendable, and we enjoyed a smooth experience. They efficiently bridged the gap between lawyers and the support team, working together seamlessly.’

‘We partnered with Matthew Gorman on a complex acquisition deal that was filled with political intricacies. Matthew displayed leadership and professional know-how, understanding our situation and acting accordingly.’

‘Matthew Gorman and Manoj Purush are excellent lawyers and pleasure to work with.’