Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 03-04-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | CITIC Securities - Shareholder Offer for China XLX Fertiliser | Industry: | Chemicals |
| Description: |
Slaughter and May, Hong Kong, is advising CITIC Securities Corporate Finance (HK) Limited on the cash offer it will make on behalf of a controlling shareholder (Offeror) of China XLX Fertiliser Ltd. (China XLX) for the shares of China XLX. The cash offer will be made in connection with the proposal to delist the shares of China XLX from the Singapore Exchange, and will be conditional upon the approval of the delisting proposal by China XLX's shareholders.
The firm is also advising CITIC Securities Brokerage (HK) Limited on the certain funds financing arrangements related to the cash offer.
China XLX is one of the largest manufacturers of coal-based urea and compound fertilisers in China. The Offeror intends that the shares of China XLX will continue to be listed on the Hong Kong Stock Exchange upon completion of the cash offer.
Corporate: Neil Hyman (partner), John Moore (partner), Charlton Tse (associate); Financing: Peter Lake (partner), John Cartwright (associate), Grace Cheng (associate).
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| Financial Center: | Hong Kong | Value: | 0.00-0.00 |
| Advised Party: | Financial Advisors | Law Firm | Slaughter and May |
| Target Company Jurisdiction: | China | Acquiror Jurisdiction: | China |
| Classification: |
Strategic Buyer Acquisitions Public Company - Recommended Offer |
Lawyer | Neil Hyman |
