Press Release
| February 1, 2010
Dewey & LeBoeuf Hong Kong leads for SUAL Partners on $2.24 Billion RUSAL IPO
(Hong Kong, February 1, 2010) — Dewey & LeBoeuf Hong Kong has advised key Moscow office client SUAL Partners in connection with the listing of RUSAL (the world’s largest aluminium producer) on the Hong Kong Stock Exchange. SUAL is one of the principal shareholders in RUSAL.
RUSAL is the first Russian company to list on the Hong Kong Stock Exchange as part of recent initiatives in Hong Kong to diversify the geographic base of listing candidates away from its traditional reliance on the Greater China region.
"We are delighted to be involved with one of Hong Kong's most significant and international of IPOs," said Dewey & LeBoeuf Partner Paul Chen. "It is a tribute to the international emerging markets practice of Dewey & LeBoeuf lawyers around the world and on the ground in Hong Kong."
The Hong Kong team comprised Hong Kong Counsel Stephen Wozencroft (a partner of the firm’s Hong Kong law licensed affiliate, Arthur Marriott & Associates), Hong Kong Partners Paul Chen and Heng Loong Cheong with assistance from client relationship Moscow Partner Oleg Berger.
This transaction was the first as partner for Hong Kong-based Heng Loong Cheong, who was made up to the Dewey & LeBoeuf partnership on 1 January 2010, as part of the firm's commitment to longterm growth and investment across Asia and globally.
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
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