White & Case and Beijing-based Fangda Partners are advising Saudi Arabian state oil producer Aramco’s acquisition of a 10% interest in China-listed Rongsheng Petrochemical Co. Ltd for $3.6 billion.   

The deal marks the third-largest M&A transaction in Asia since the start of this year, following Japan Industrial Partners-led consortium’s $15.2 billion buyout of Toshiba Corp last month, and Singapore-based L Catterton Asia Acquisition Corp’s $5.5 billion takeover of China-based Lotus Tech in January, according to Dealogic. 

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