02/11/2021 | Press release | Distributed by Public on 02/11/2021 13:32
February 11, 2021
Weil has been shortlisted for two top Private Equity honors at the 2021 IFLR Asia-Pacific Awards, highlighting the Firm's expertise and accomplishments advising 'transactions that broke new ground and set new legal high-water marks in the region.'
Weil was shortlisted for 'Private Equity Team of the Year' and further recognized for its work on the $8.7 billion going-private merger of 58.com Inc., a finalist for 'Private Equity Deal of the Year.' Weil advised Mr. Jinbo Yao, the Chairman of the Board and CEO of 58.com Inc., on the landmark transaction.
The accolades reflect Weil's high rankings in the2021 IFLR1000 Asia-Pacific guide. Weil's Private Equity practice in China and Hong Kong achieved a Tier 1 ranking for the eighth year in a row. Weil's M&A and Banking practices were also highly ranked. In addition, all of Weil's Asia partners were recognized as Highly Regarded, Rising Stars or Notable Practitioners.
International Financial Law Review shortlisted the firms and transactions for the IFLR Asia-Pacific Awards based on extensive research, consisting of submissions, client endorsements and interviews with attorneys industrywide. The award winners will be announced on March 25, 2021.