16 May 2023
Cambodia

SOK SIPHANA & ASSOCIATES acted as Cambodian counsel in IFLR 2023 Award M&A deal

We would like to congratulate our team, led by Daron Wong (Partner, Head of Projects), who acted as the Cambodian local counsel for Li & Fung in MAERSK’s acquisition of LF Logistics. 

The deal spanned 40 entities across 18 jurisdictions and was recently named M&A Deal of the Year at the IFLR Asia-Pacific Awards 2023.  

The publicly reported value of the deal amounted to USD 3.6 billion. 

About IFLR Asia-Pacific Awards 2023: 

The IFLR Asia-Pacific Awards 2023 are awards that celebrate the most legally innovative cross-border deals from the region in 2022 and the teams and individuals behind them12. They are hosted by IFLR, a leading online and print resource for professionals in the financial law sector. The awards are decided by an internal panel of judges based on written submissions and interviews with clients and counsel. 

The shortlist for M&A Deal of the Year includes Block’s acquisition of Afterpay, the largest takeover in Australian corporate history, and Chubb’s acquisition of Cigna’s Asia-Pacific operations, among others. 

Read the full list of IFLR Asia-Pacific Awards 2023 winners HERE.