Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 15-01-2016 | Practice Area: | Corporate and M&A |
Deal Title: | Qingdao Haier Acquisition of GE Appliance Business | Industry: | Household Goods |
Description: |
White and Case LLP advised Haier Group, a Chinese consumer electronics manufacturer, on its strategic cooperation framework agreement with General Electric (NYSE: GE).
As a first step in this partnership, Qingdao Haier Co., Ltd, a company that was 41% owned by Haier, would acquire GE's appliances business and would be licensed to use the GE brands for 40 years.
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Financial Center: | Beijing | Value: | 5000.01-10000.00 |
Advised Party: | Acquiror | Law Firm | White & Case |
Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | China |
Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Vivian Tsoi |