Latham Advised on Three 2023 China Deals of the Year

China Business Law Journal recognized Latham & Watkins for advising on three of the publication’s 2023 Deals of the Year. The firm’s highlighted work included advising on transactions in China that met the publication’s bar for “overall significance, complexity, innovative nature and deal size.”

Latham advised on the following award-winning matters:

J&T Express IPO: Latham advised J&T Global Express Limited on its US$500 million initial public offering and listing on the Hong Kong Stock Exchange with a weighted voting rights structure. The transaction represented the second largest IPO on the Hong Kong Stock Exchange in 2023 (excluding over-allotment option).

NIO’s Convertible Senior Notes Issuance: Latham advised Goldman Sachs, Morgan Stanley, CICC, and J.P. Morgan, as initial purchasers of US$1 billion in convertible senior notes issued by NIO Inc., a leading Chinese smart electric vehicle company.

Vistra-Tricor Merger: Latham advised BPEA EQT Funds V and VI and portfolio company Vistra (BPEA EQT) on the merger of Vistra with Tricor, an existing BPEA EQT Fund VIII portfolio company, in a transaction which valued the combined company at an enterprise value of US$6.5 billion.