China’s King & Wood and Australia’s Mallesons Stephen Jaques on Thursday officially confirmed plans for a merger to create the largest law firm based in the Asia-Pacific region.

The long-anticipated deal will see the firms merge their Hong Kong offices and operate under a common King & Wood Mallesons brand. The two firms’ mainland China and Australia offices will remain financially distinct and operate together a Swiss Verein structure. Both firms say over 95 percent of their respective partnerships voted in favor of the deal.

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