Eversheds Harry Elias ranked in Bloomberg Top 10

Eversheds Harry Elias (EHE) was ranked in the Top 10 firms in the Bloomberg Q1 2017 Southeast Asia M&A League table. 

This ranking reflects the firm’s position as one of the leading advisers for transactions across the region. Following the merger with Eversheds Sutherland, EHE will be amongst the Top 10 firms in Singapore. 

Over the past year HEP has acted on a number of number of major transactions that include advising:

• CREIM (a wholly-owned subsidiary of Oxley Global) on the sale of their 80% indirect interest with nabInvest Capital Partners, (a wholly-owned subsidiary of National Australia Bank) in Cambridge Industrial Trust to e-Shang Infinity Cayman (a subsidiary of e-Shang Redwood, affiliated with Warburg Pincus). The transaction also involved e-Shang Infinity Cayman acquiring a 100% indirect interest in Cambridge Industrial Property Management, the property manager for Cambridge Industrial Trust;
• Cambridge Industrial Trust (“CIT”) is Singapore’s first independent industrial real estate investment trust (“REIT”). Listed in Singapore since 2006, CIT has a diversified portfolio of 50 properties across Singapore with a value of S$1.4 billion; and
• Singapore Medical Group (SMG) on the acquisition of Astra Women’s Specialist group of clinics by way of approximately 81,110,310 new shares at S$0.33288/share and a cash payment of S$33.0 million. Following this acquisition. SMG will become one of the largest medical groups in Singapore specialising in women’s health and wellness issues.

Philip Fong, Managing partner, Eversheds Harry Elias, commented: 

"This is a wonderful acknowledgment and the rankings highlight our reputation as one of the region’s top legal advisers. These results are testament to the market leading deals we undertake across the corporate practice and the hard work, commitment and talent of all of our people. We continue to act for some of the largest corporates and financial institutions both in Singapore, and regionally, on high profile, strategic transactions. 

As we build and strengthen our practice, we look forward to another great year."