Davis Polk & Wardwell lead Agricultural Bank of China IPO

US firm Davis Polk & Wardwell has scored a leading role on the initial public offering for the Agricultural Bank of China, which launched late last week. The firm provided a team led by Beijing partner Show-Mao Chen. Davis Polk & Wardwell only practices US law, but was able to lead the deal in this case because – for the biggest deals involving Chinese state-owned companies – institutional investors expect compliance with the US Securities and Exchange Commission disclosure requirements.

Davis Polk & Wardwell lead Agricultural Bank of China IPO amlawdaily.typepad.com Mon, Jul 19, 2010