Commercial Transactions and M&A

Featured Publication: Guide to Doing Business in Thailand
Contacts
T: +84 8 3936 2069

T: +856 21 262 355
T: +66 2653 5794

Tilleke & Gibbins helps clients structure and implement strategic transactions that accelerate vertical or horizontal integration and industry consolidation. 

We serve both international clients wishing to acquire operations in Asia and domestic clients wishing to invest in businesses abroad. Free-trade agreements and financial liberalization make companies in Southeast Asia attractive assets for foreign investors. The increased strength of regional currencies and economies has encouraged local operators to invest internationally to increase their competitiveness. Both types of investors rely on our global and regional expertise in mergers, acquisitions, joint ventures, corporate restructuring, and other vehicles for equity investment.

Our clients also tap into our worldwide network of associated law firms to assist with cross-border transactions and benefit from our unique ability to negotiate and draft key contracts in languages including Thai, Vietnamese, Japanese, Mandarin, French, and English. 

We help our clients develop and execute global strategies for business growth. Read about some of our recent representative work. We have:

  • Represented a leading pharmaceutical  company in Thailand and Vietnam in connection with its merger with another multinational pharmaceutical company. We advised on various commercial agreements. We also provided guidance on the procedural steps and permits required before and after the integration of the two companies and implications in terms of employees, businesses, licenses, reorganization, etc. After the integration became effective, we helped the subsidiaries comply with various legal requirements and assisted our client in obtaining the necessary permits.

  • Helped a manufacturer establish a subsidiary for the purpose of relocating its production facility to Thailand. The project was promoted by the Board of Investment and had an investment value of more than THB 100,000,000. We reviewed the joint venture agreement and advised on corporate law, relevant regulations, and necessary permits. We assisted the client in obtaining  permits from the Industrial Estate Authority of Thailand and the Board of Investment to buy land and initiate the project. In addition, we conducted a thorough review of the deposit agreement, land purchase and sale agreement, and utilities service agreement.

  • Conducted due diligence on behalf of a financial institution considering whether to finance the build out of a state-owned operator’s planned 3G network in Thailand and advised the financial institution regarding risk factors. The proposed loan amount as publically disclosed exceeded USD 500,000,000.

  • Advised a diversified manufacturing company in regard to Thailand acquisition financing related to its global acquisition of a plastic division in a USD 11.6 billion cash deal. We assisted in the acquisition of the Thai subsidiaries of the plastic division.

  • Advised a financial fund from Australia on establishing a subsidiary for the purpose of acquiring the pharmaceutical department of a large multinational corporation in Thailand. In order to facilitate this key acquisition, we provided guidance on the regulations on importing and distributing pharmaceutical products in Thailand, as well as on the establishment of a Thai subsidiary. We assisted the client in obtaining approval from the Board of Investment of Thailand. By providing related tax advice, we were able to help the client plan and mitigate tax implications of importing and distributing products from Australia, including advice on regulatory requirements from the Food and Drug Administration. The total value of the project exceeded USD 20,000,000.

  • Assisted a Japanese plastics molding company in its share acquisition of a foreign-owned injection molding subsidiary with over 900 local employees in two separate facilities.

  • Assisted in structuring an airline alliance. As two major international carriers were organizing a joint venture, the firm was approached to assist. The joint venture is now in operation, and has helped to position both carriers for improved profitability.

  • Applied for and obtained an investment certificate for a rapidly expanding U.S. Internet company to set up shop and conduct business in Vietnam. Worked with the client to secure a local joint venture partner and structured the deal to allow the client to retain independence and control of the company.

  • Advised a leading producer of semiconductor processing equipment on contracts between the target company and a third party.

Name Position Office

Kien Trung Trinh

T:+84 4 3772 5567

E-mail

Associate
Hanoi

Kitti Thaisomboon

T:+66 2653 5539

E-mail

Associate
Bangkok

May Thwe Hlaing

T:+95 1 255 208

E-mail

Associate
Yangon

Napat Siri-armart

T:+66 2653 5537

E-mail

Associate
Bangkok

Nearirath Sreng

T:+855 23 964 210

E-mail

Associate
Phnom Penh
Bangkok

Nitipong Boonsong

T:+66 2653 5810

E-mail

Associate
Bangkok
Vientiane
Yangon

Nwe Oo

T:+95 1 255 208

E-mail

Associate
Yangon

Passanan Suwannoi

T:+66 2653 5603

E-mail

Associate
Bangkok

Pornchai Srisawang

T:+66 2653 5543

E-mail

Associate
Bangkok

Theerapat Sombatsatapornkul

T:+66 2653 5950

E-mail

Associate
Bangkok
Datesort icon Title
June 23, 2015

Tilleke & Gibbins Adds Two to Vietnam Corporate/Commercial Team

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Tilleke & Gibbins is pleased to announce the addition of two experienced lawyers, Anh Thi Phuong Pham and Chuyen Hong Huu Le, to the firm’s corporate and commercial group in Ho Chi Minh City...

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IAM Strategy 300 2015: Alan Adcock Recognized as Leading IP Strategist

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Alan Adcock, partner and deputy director of the intellectual property department at Tilleke & Gibbins, has been recognized as one of the world’s leading intellectual property strategists in...

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June 13, 2015

Lex Mundi Pro Bono Foundation Honors Tilleke & Gibbins

The Sixth Annual Lex Mundi Pro Bono Foundation Awards were presented during the 2015 Lex Mundi Leadership Summit and Annual Conference in New Orleans, and Tilleke & Gibbins, the Member Firm...

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June 11, 2015

Tilleke & Gibbins Sponsors PILnet 2015 Asia Pro Bono Forum

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Thawat Damsa-ard, a partner in Tilleke & Gibbins’ dispute resolution group, will participate as a special commentator and as a speaker at the PILnet 2015 Asia Pro Bono Forum.

As a...

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June 9, 2015

ALB Diversity List 2015: Tilleke & Gibbins Counted Among Top Firms

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Tilleke & Gibbins has been included in the first edition of the Diversity List, a list compiled by Asian Legal Business—forming part of the magazine’s “Women in Law” feature—that...

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New Law Puts Public-Private Partnerships on Solid Ground

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There was much fanfare last year about the enactment of the Private Investment in State Undertaking Act of 2013. Many commentators forecasted an era of renewed vigor for public-private...

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PLC Doing Business In … Multi-Jurisdictional Guide 2015 – Thailand Chapter

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Practical Law Company, in association with Lex Mundi, has published the latest edition of its Q&A guides to doing business worldwide. The Thailand chapter, authored by Tilleke & Gibbins...

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December 22, 2014

PLC Doing Business In … Multi-Jurisdictional Guide 2015 – Myanmar Chapter

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In association with Lex Mundi, Practical Law Company has published the latest edition in its series of Q&A-style guides to doing business in jurisdictions around the world. The Myanmar chapter...

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December 18, 2014

Marketing Private Funds and Discretionary Account Services – Thailand Chapter

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Deacons, the Lex Mundi member firm for Hong Kong, has published the 5th edition of its multi-jurisdictional guide to capital raising and marketing activities, Marketing Private Funds and...

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December 2, 2014

Myanmar Legal Update: Moving Toward Market Liberalization

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Myanmar is in the midst of undergoing significant political and economic change. A full sixty-six years after its independence from Great Britain and after nearly fifty years of strict military...

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