Fantastic Mr Fax

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Fladgate Fielder (Charles Wander) advised TEP Exchange Group

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Linklaters & Alliance (Nick Rees) advised Guoco Group

on a general offer to repurchase 10-25 per cent of its share capital by way of a modified Dutch auction valued up to HK$5.46bn (£478.89m). Financial adviser Morgan Stanley Dean Witter advised by Freshfields Bruckhaus Deringer. Hong Leong Group, Malaysia, Guoco’s parent company advised by Slaughter and May.

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