K&L Gates and Sidley lead on Philippines ‘largest ever’ IPO


K&L Gates and Sidley Austin have advised Robinsons Retail Holdings on its $622m IPO on the Philippine Stock Exchange. The offering, which closed earlier this month, is thought to be the largest-ever IPO in the Philippines. K&L Gates advised the issuer on the US law aspects of the listing, fielding a team of four led by Hong Kong-based corporate partner David Johnson.