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  • McCann FitzGerald has appointed John Cronin as its chairman and managing partner.
  • The Hong Kong Stock Exchange needs to speed up its listing process if it is to keep pace with emerging Asian listing venues
  • Jebel Ali Free Zone (JAFZ) has issued the largest dirham-denominated sukuk to date.
  • Freshfields Bruckhaus Deringer has advised on the initial public offering (IPO) and Hong Kong Stock Exchange listing of Value Partners, the first home-grown fund management company to list in Hong Kong.
  • The Longreach Group, a Japan-focused private equity firm, has completed the first majority buyout of a Taiwanese bank.
  • Xstrata has raised $500 million with a 6.9% note, due 2037.
  • Thani Investments has issued a $100 million sukuk al-musharaka.
  • The London office of Paul Hastings Janofsky & Walker has hired Michelle English from Kirkland & Ellis. She will be a partner in the private equity practice and will focus on cross-border leveraged buyouts and venture capital investments.
  • The Saltaire Water consortium has made a recommended cash offer of approximately £3 billion ($6.2 billion) for Kelda, the owner of Yorkshire Water. The consortium turned to a Freshfields Bruckhaus Deringer team headed by Martin Nelson-Jones and Farah Ispahani for advice. Allen & Overy, led by Ian Stanley and Mark Gearing, is representing Kelda.
  • Latham & Watkins has laterally hired five partners from Bonelli Erede Pappalardo and is to use them to bolster its Milan office and open another in Rome.