Mallesons Stephen Jaques
Mergers and acquisitions - Hong Kong

Recent matters

A-TEC Industries
We acted for A-TEC Industries’ subsidiary AE&E Group GmbH on its acquisition from Global Power Equipment Group, Inc. of Global Power Asia Limited, a Hong Kong company which owns a PRC boiler business in Nanjing.

China Special Steel
We acted for the sellers on the sale of S.E.A Mineral Limited to China Special Steel Holdings Limited for HK$2.7 billion.

Kingdee International Software Group Company
We acted for Kingdee International Software Group Company Limited in its strategic alliance with IBM and the joint investment in Kingdee by IBM and Lehman Brothers.

Poly Investments
We acted for Hong Kong-listed Poly Investments in its acquisition of a 19.9% interest in YTC Resources, an Australian company engaged in tin, gold, copper and non-ferrous metals exploration.

SOHO China
We acted for SOHO China, a PRC property developer listed on the Hong Kong Stock Exchange, as its Hong Kong legal adviser, on its acquisition of the Chaoyangmen SOHO (Kaiheng Centre) Project and the entire interests in Beijing Kaiheng Real Estate Company Limited for a total consideration of approximately RMB2.9 billion (US$423 million).

Rakon
We acted for Rakon Ltd of New Zealand on its acquisition of a 40 percent stake in the Chinese-based Timemaker Crystal Technology Ltd group of companies and establishment of a new joint venture company in which Rakon Limited holds a 70 percent stake.

Asia Financial Holdings mandatory offer by Givemore Investments
We acted as legal adviser to Asia Financial Holdings Limited in respect of a HK$2.4 billion general offer by Givemore Investments Limited. Asia Financial Holdings is a company listed on the Stock Exchange of Hong Kong and the holding company of a Hong Kong insurer, Asia Insurance.

AXA acquisition of Winterthur Life
We advised AXA Asia Pacific on its announced acquisition of Winterthur Life’s Hong Kong operations for HK$1.9 billion. The Winterthur Life (Hong Kong) businesses include life insurance and unit-linked investment products.

Carter Holt Harvey sale of Plantation Timber Products
We advised one of the New Zealand's largest companies, Carter Holt Harvey, on the sale of its Plantation Timber Products business to funds managed by CVC Asia Pacific.

Deutsche Bank/Beijing Guohua Real Estate
We acted for Deutsche Bank in the acquisition of 30% of Beijing Guohua Real Estate Co. and in respect of the joint venture arrangements between Deutsche Bank and the other equity investors.

ING - pre-IPO restructuring in relation to Bank of Beijing IPO
We advised ING on the restructuring of their investment in, and strategic alliance with, Bank of Beijing in connection with its listing on the Shanghai Stock Exchange.

Onex Partners acquisition of Carestream Health
We acted as the Hong Kong legal advisers to Onex Partners, a Canadian private equity fund, on its US$2.35 billion acquisition of Eastman Kodak Company's Health Group, renamed Carestream Health, Inc

realestate.com.au Limited acquisition of Hong Kong companies
We acted for realestate.com.au Limited, a global online real estate advertising company headquartered in Melbourne, Australia, in its acquisition of Square Foot Limited and Primedia Limited, two companies incorporated in Hong Kong and engaged in the magazine publication business.

Telstra acquisition of online businesses in China
We acted for Telstra in its acquisition of a 55% stake in each of Norstar Media and Autohome/PCPop, two leading Chinese online advertising businesses

 

 

“With the growth of its well-established Beijing office, the firm continues to be a significant presence in the China M&A market.”

Chambers Asia 2008