Ashurst has taken the lead role advising San Miguel Corporation on its $610m (£382m) acquisition of a number of ExxonMobil subsidiaries in Malaysia, reports The Asian Lawyer.
San Miguel, a Philippines conglomerate best known as a brewing company, has acquired three Malaysian divisions of the US oil giant in all-cash deals, paying $206m (£129m) for Esso Malaysia and $404m (£253m) for both ExxonMobil Malaysia and ExxonMobil Borneo.
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