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  • Marine electronics products supplier Raymarine is to acquire its sole distributor of products in Germany, HE Eissing, for €3.5 billion.
  • Many foreign companies, including law firms, could need restructuring if Thailand's new Foreign Business Act (FBA) becomes law in its current form, local experts believe.
  • According to counsel, reports that Barclays' share-backed offer for ABN Amro is in danger of collapsing are premature
  • In a move that underlines the increased importance of China for international firms, Allen & Overy has strengthened its China practice, shifting lawyers from its Hong Kong to Beijing office.
  • Troy Doyle is set to lead Clifford Chance's restructuring practice in Singapore and south-east Asia. Doyle joins Clifford Chance from Blake Dawson Waldron in Sydney.
  • Hong Kong's capital markets are set for an increase in deal flow, as Beijing authorities allow individuals to buy securities directly for the first time.
  • Drew & Napier have announced the appointment of former partner Yeo Wee Kiong to its corporate and banking group in Singapore. Wee Kiong's team of corporate finance lawyers at Yeo Wee Kiong Law Corporation will also join him.
  • China Development Bank, a PRC policy bank, has launched the first offering of renminbi denominated bonds by a Chinese institution outside mainland China.
  • In a dispute that could signal an end to the recent boom in merger activity, Lone Star has withdrawn its offer for US mortgage lender Accredited
  • In a deal that excludes the target's subprime assets, Kaupthing is to acquire Dutch bank NIBC