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Deal Date: 13-11-2018 Practice Area: Corporate and M&A
Deal Title: China Merchants Group - Liaoning Port Integration Project Industry: Industrial Transportation
Liaoning North East Asia Gang Hang Development Co., Ltd., was a controlling shareholder of Dalian Port Corporation Limited and Yingkou Port Liability Co., Ltd, one of China's biggest port groups in asset size and cargo handling capacity. Under the agreement, China Merchants Group was to invest in Gang Hang Development by means of a capital increase, acquiring 49.9% of its equity interest. China Merchants Group would also further its future cooperation with the Liaoning provincial government in areas such as port operation, logistics and transport, park development and finance and services.
Financial Center: Beijing Value: 0.00-0.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: China Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Eric Liu