Freshfields Bruckhaus Deringer and Linklaters have won roles on the highly anticipated Hong Kong initial public offering (IPO) of American International Assurance (AIA), reports The Am Law Daily.

Freshfields partners Teresa Ko and Kay-Ian Ng are advising on Hong Kong law for AIA – the Asian division of bailed-out insurance giant AIG. The potential proceeds from the listing have been estimated at up to $14.9bn (£9.3bn).