Freshfields Bruckhaus Deringer has successfully defended Chinese steel market Oriental Group from an unsolicited HK$11.7bn (£740m) takeover bid by minority shareholder Smart Triumph.

Corporate partner Ng Kay Ian took the lead for the magic circle law firm, which fielded a team out of its Hong Kong office. The company is a long-term client of the City giant, which also advised on its initial public offering in 2004.