Freshfields cashes in on Singapore’s third largest IPO

Freshfields’ Singapore joint venture advises ABN AMRO and UBS Warburg on MobileOne IPO

Freshfields Bruckhaus Deringer’s Singapore joint venture Freshfields Drew & Napier has pulled off the City State’s third largest IPO. Freshfields partner David Simpson advised joint global co-ordinators ABN AMRO and UBS Warburg on the US$787.5m IPO of MobileOne, Singapore’s second biggest mobile phone company.

Simpson said: “In a competitive and difficult market for telecommunications companies, it was a tremendous effort from everyone involved in this IPO to bring M1 to the market.”