Emma de Ronde is a corporate lawyer based in Hong Kong. She has extensive experience in cross border M&A, international equity capital markets and corporate advisory work.
Emma joined the firm in 2003 and qualified into our corporate team in London in 2005. Emma became a partner in May 2012 and relocated to our Hong Kong corporate team in 2014.
In 2013, Emma was named in Financial News 40 under 40: The rising stars of legal services.
In 2015, Emma was named in the Asian Legal Business 40 under 40.
In 2017, Emma was recognised in the 2017 Client Choice Awards for General Corporate advice. Client Choice names the people that stand out for excellent client care and quality of service. The criteria focuses on the ability to add real value to clients' businesses, above and beyond other players in the market.
In the financial institutions sector, Emma's experience includes advising:
- HSBC on its strategic review of where its headquarters should be based.
- HSBC on its US$2 billion buyback programme.
- Royal Bank of Canada on its acquisition of the private client investment. management business of Coutts, being sold by Royal Bank of Scotland.
- SG Hambros, part of Société Générale, on the acquisition of the private client investment management business of Baring Asset Management.
- Barclays on the acquisition by Absa Group of Barclays' banking operations in Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania, Uganda and Zambia.
- HSBC Holdings on its £12.5 billion 5 for 12 fully underwritten rights issue.
- Goldman Sachs International in its capacity as underwriter to Africa Bank Limited on its ZAR4 billion rights issue.
- China Development Bank in connection with its participation in Barclays share issue, involving a placing and open offer of new Barclays shares.
- ICBCI in relation to its investment into a Chinese property holding vehicle.
- Nanyang Holdings in relation to its investment into HSL China Metropolitan Fund I LP.
- PwC (in its role as adminstrators of the Nina Kung Estate) on the disposal of Canadian Insurance Company, a Hong Kong based insurer, to Aetna, a US based insurance group.
- Liberty International Underwriters on underwriting a warranty and indemnity insurance policy.
- AIG on underwriting a warranty and indemnity insurance policy.
- Jubilee Group Holdings (part of the Ryan Specialty Group) on its acquisition of Direct Group.
- Novae Group in connection with its proposed competitive bid for Omega Insurance.
- Beazley in connection with its proposed bid for Hardy Underwriting Bermuda Limited.
- The Law Society and the Solicitors Indemnity Fund (SIF) on the transfer of SIF's run-off claims handling business and the disposal of its associated assets, to Vision Underwriting, part of Liberty International.
- Northern Trust on the acquisition of a Hong Kong based broker.
- Advising a UK based broker on the establishment of an online broking platform in Hong Kong.
- Advising a US headquartered bank holding company on resolution and recovery requirements in Hong Kong.
- Hawkpoint Partners as nominated adviser and Collins Stewart as broker on the AIM IPO of Secure Trust Bank PLC, a UK regulated bank.
- Religare Capital Markets, part of the Ranbaxy Group, on its recommended cash offer for Hichens, Harrison & Co, a UK based broker.
In the mining and energy sector Emma has acted for:
- IRC Limited on a fundraising by way of share subscription by a new strategic investor, Tiger Capital, conditional on shareholder approval for the issue of new shares under the Hong Kong Listing Rules.
- Lithium S Corporation on its acquisition and refinancing of a Hong Kong based group which owned lithium mining assets in Argentina, the assets were acquired following a receivership of the mine.
- Husky Energy Inc. on the implications under the Listing Rules of the Hong Kong Stock Exchange in connection with its joint venture with Cheung Kong Infrastructure Holdings Limited and Power Assets Holdings Limited.
- Brightoil Petroleum (Holdings) Limited on its issue of listed and unlisted convertible bonds.
- Turquoise Hill Resources in relation to its divestment of SouthGobi Resources, listed on the Hong Kong and Toronto Stock Exchanges.
- AngloGold Ashanti in relation to the disposal of its Mongbwalu Project in the Democratic Republic of Congo.
- Randgold Resources on its joint venture with Kilogold in relation to a gold mining project in the Democratic Republic of Congo.
- Mineral Deposits Limited, the ASX and TSX listed miner, on its joint venture with Eramet, a global steel producer, to create a new major player in the mineral sands industry.
- International Finance Corporation on an investment into Hummingbird Resources, an AIM listed mining group, in relation to its projects in Liberia.
- BHP Billiton on a mineral development agreement it has entered into with the Government of Liberia for the mining of iron ore.
- Nimini Holdings on a mineral development agreement it has entered into with the Government of Sierra Leone for the mining of gold.
- Suez Enery South America Participaes Ltda (SESA) on its £39 million competing takeover offer for Econergy International plc.
In other areas, Emma has advised:
- HSBC in its role as financial adviser to Shangtex (Hong Kong) Limited on its pre-conditional voluntary cash offer for Luen Thai Holdings Limited.
- Armada Holdings Limited (previously the holding company of SCMP) on its disposal of a property investment company as a major transaction and on the mandatory general offer made for Armada by Great Wall Pan Asia following Great Wall's acquisition of a controlling interest in Armada from the Kerry Group.
- BHL Limited (BHL) on its proposed privatisation of Bracell Limited (Bracell), which is listed on the Hong Kong Stock Exchange, by way of scheme of arrangement. BHL's offer values Bracell at approximately HK$6.09 billion (approximately US$785.82 million).
- Vallourec SA on its mandatory general offer for Anhui Tianda Oil Pipe Company Limited, the first takeover in Hong Kong where a foreign investor has directly acquired the domestic shares of a PRC incorporated company listed in Hong Kong.
- econtext Asia Limited on its privatisation and delisting from the Hong Kong Stock Exchange.
- Iberia on its merger with British Airways.
- PricewaterhouseCoopers, Corporate Finance as sponsor and financial adviser to Galliford Try plc and KBC Peel Hunt as underwriter on an open offer to fund a recommended offer by Galliford Try for Linden Holdings plc.
- Solicitor, qualified in England & Wales
- Solicitor, qualified in Hong Kong