The China Business Law Journal has named two Paul, Weiss transactions as 2018 “Deals of the Year.” The firm was recognized for its representation of Asia-based private equity firm PAG in its investment in Joyson Safety Systems to fund the US$1.58 billion acquisition of the global assets of Japan-based vehicle safety systems maker Takata, and for our representation of a leading global investor in the Series A financing round of Suning Sports, the sports unit of leading Chinese retailer Suning Holdings Group. Suning Sports’ main business includes media management and copyright ownership of sports-related content. It is the first sports media platform in China to own the exclusive copyrights of Europe's Big Five Football Leagues: the Premier League, La Liga, Serie A, Bundesliga and Ligue 1, and also owns the copyrights of other major sports events such as CFA, CSL, AFC and WWE.
