Slaughters and Paul Hastings lead on China shipping giant's $6.3bn acquisition of Hong Kong rival

Kirkland also among advisers on COSCO's takeover of Orient Overseas International

Paul Hastings and Slaughter and May have taken the lead roles on the $6.3bn (£4.9bn) acquisition of Hong Kong-based shipping company Orient Overseas International Ltd (OOIL) by a Chinese state-owned consortium led by China COSCO Shipping.

Shanghai-based COSCO has teamed up with Shanghai International Port Group on its bid to acquire all shares of Hong Kong-listed OOIL at $10.07 (£7.82) apiece.

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