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Deal Date: 25-09-2012 Practice Area: Corporate and M&A
Deal Title: Sinopharm Group offer for Winteam Pharmaceutical Industry: Pharmaceuticals & Biotechnology
Description:
Clifford Chance advised Sinopharm Group Hongkong Co., Limited, a wholly-owned subsidiary of China National Pharmaceutical Group Corporation (CNPGC) on a US$332 million voluntary conditional cash offer for Winteam Pharmaceutical Group Limited (Winteam), a company listed on the Hong Kong Stock Exchange. Under the transaction, Sinopharm will purchase 19.9% of the shares from the existing controlling shareholders of Winteam. Amy Lo was assisted by associates Liu Yazhe and Au Yeong Wai Mun. The acquisition financing team was led by Beijing partner Maggie Lo who was supported by associate Lu Yinghao.
Financial Center: Hong Kong Value: 100.01-500.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Hong Kong Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Amy Ho