Asia Deal Digest, published periodically, is a compilation of some of the largest deals carried out in Asia and Australia.

China/Hong Kong

• Baker McKenzie Chicago partners Lewis Popoff, Hugo Dubovoy and José Morán are advising Beijing-based China Yangtze Power Co., a subsidiary of state-owned energy company China Three Gorges Corp., on a $3.6 billion acquisition from U.S.-based Sempra Energy for an 83.6% stake in Luz del Sur S.A.A., the largest listed power company on the Lima Stock Exchange. Tian Yuan Law Firm Beijing partners Chai Jie, Wang Lihua and Yin Xiong are advising on Chinese law and Peru-based Muñiz, Olaya, Meléndez, Castro, Ono & Herrera partner Andres Kuan-Veng is serving as Peruvian counsel. The transaction is expected to be completed in the first quarter of 2020, subject to approval by the Peruvian antitrust authority and Bermuda’s financial services regulator. White & Case New York partners Thomas Lauria and Marwan Azzi are leading a team advising Sempra. [Read Full Story]