Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 14-03-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | UCAR Technology Acquisition of Shares in CAR Inc | Industry: | Travel & Leisure |
| Description: |
Davis Polk advised UCAR Technology Inc. in connection with its acquisition of shares in CAR Inc. from Hertz and Mr. Charles Lu, the founder of CAR Inc.
Pursuant to the terms of the share purchase agreements, UCAR Technology conditionally agreed to acquire approximately 23.97% of the issued shares of CAR Inc. for an aggregate consideration of approximately HKD5.26 billion.
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| Financial Center: | Hong Kong | Value: | 500.01-1000.00 |
| Advised Party: | Acquiror | Law Firm | Davis Polk |
| Target Company Jurisdiction: | China | Acquiror Jurisdiction: | China |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Paul Chow |
