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  • Cravath Swaine & Moore and Simpson Thacher & Bartlett are advising on the world's largest corporate deal.
  • German firm Haarmann Hemmelrath has announced the names of the UK partners it has hired to staff the new London office which opens this spring. Jay Birch joins the firm from Hammond Suddards of Manchester.
  • Clifford Chance has completed its merger with Luxembourg firm Faltz & Kremer.
  • US firm White & Case will open a new office in Bahrain later this quarter. Five lawyers will initially staff the office. Bahrain and Dubai qualified lawyer Qays Zuíbi has been recruited to lead the office along with White & Case partner Michael Quigley who is moving from the Paris office.
  • Extra News
  • Over 500 companies are proposed to be offered for privatization in Iran’s Third Economic Development Plan and the doors are being opened to foreign investment.
  • Lynn Bai of the Hong Kong Securities and Futures Commission outlines the new risk-based calculation method for brokers’ contributions to the stock clearing fund
  • Foreign investment in South Korea has reached record levels after the government abolished laws impeding cross-border mergers and acquisitions in 1998. Investment funds are moving in and hostile take-overs are set to increase. Rob Mannix reports on the lawyers advising overseas buyers.
  • Two London firms are launching internet products which should make deals run quicker and smoother.
  • Belser Altorfer & Partner