Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 02-06-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | AVIC Electromechanical Purchase of Hilite International | Industry: | Industrial Engineering |
| Description: |
Simpson Thacher is representing AVIC Electromechanical Systems Co., Ltd. (AVICEM) in connection with its acquisition of Hilite International, a leading global supplier of highly engineered automotive engine and transmission components. AVICEM is a subsidiary of Aviation Industry Corporation of China, one of the largest industrial conglomerates in China. The transaction values Hilite International at approximately EUR473 million (USD645 million). The closing of the transaction is subject to customary regulatory approvals.
The Simpson Thacher team working on this transaction includes: Shaolin Luo (Hong Kong M&A); Yang Wang and Duan Fu (Beijing M&A).
|
||
| Financial Center: | Beijing | Value: | 500.01-1000.00 |
| Advised Party: | Acquiror | Law Firm | Simpson Thacher |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | China |
| Classification: |
Strategic Buyer Acquisitions Public Company - Recommended Offer |
Lawyer | Shaolin Luo |
