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Deal Date: 13-09-2012 Practice Area: Corporate and M&A
Deal Title: Nexans interest in Shandong Yanggu New Rihui JV Industry: Industrial Engineering
Description:
Leading international law firm Clifford Chance has advised Nexans on its acquisition of a 75% equity interest in the Shandong Yanggu New Rihui joint venture, along with the historical shareholder Shandong Yanggu Cables Group Co., Ltd. which continues to hold a 25% equity interest. The transaction values the business (100% basis) on a debt and cash free basis at approximately EUR156 million. Partner Kelly Gregory led the team.
Financial Center: Shanghai Value: 0.00-0.00
Advised Party: Joint Venture Party Law Firm
JV Party Jurisdiction China JV Party Jurisdiction China
Classification: Joint Ventures Continuing Business Partnership
Lawyer Kelly Gregory