IFLR Americas’ M&A Deal of the Year award for Shuanghui’s acquisition of Smithfield Foods
09 April 2014
Allen & Overy was awarded M&A Deal of the Year for our work on Shuanghui’s takeover of Smithfields Food at IFLR’s Americas Awards 2014, handed down at a ceremony in New York on March 27, 2014.
We advised the Mandated Lead Arrangers on the USD4bn debt financing for Shuanghui’s acquisition of Smithfield Foods, the world’s largest pork producer.
This acquisition is the largest ever Chinese takeover of a U.S. company in 2013 and has already been awarded “Best China Deal and Best Cross Border M&A Deal” by Finance Asia, “Deal of the Year” by Asian-MENA Counsel and “Deal of the Year” by China Business Law Journal (CBLJ) in 2014.
The Allen & Overy team was led by partner Cindy Lo (Beijing/Hong Kong) with support from partners Joseph Stefano, Eric Shube and Kenneth Rivlin (New York), Joseph Tse (Hong Kong/Beijing), Arkadiusz Pedzich (Warsaw), Henri Wagner (Luxembourg). Further support was provided by lawyers Daniel Lau and Elaine Liu (Beijing), Hilarie Lam (Hong Kong), Craig Cohen, Brian Jebb, Yanmei Wei, Stefanie Duda, Jaimie Hughey, Brian Schultz, Shira Selengut, and Julianne Susman (New York), Konrad Zawistowski and Anna Madra (Warsaw) and Marine Tarditi (Luxembourg).
In addition to this win, we were also shortlisted for the following IFLR Americas awards this year:
· Project finance deal of the year: Chaglla hydroelectric project
· Project finance deal of the year: San Juan airport PPP
· Structured finance and securitization deal of the year: Scotiabank Raymond James Favourites Return Index