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Deal Date: 20-07-2017 Practice Area: Corporate and M&A
Deal Title: CITIC Agri Fund Purchase of Dow AgroSciences Businesses Industry: Food Producers
Description:
Clifford Chance advised CITIC Agri Fund Management Co., Ltd. on its acquisition of a select portion of Dow AgroSciences (a subsidiary of The Dow Chemical Company) corn seed business in Brazil for approximately USD1.1 billion. CITIC Agri Fund was indirectly controlled by CITIC Limited. The assets included seed processing plants and seed research centres, a copy of Dow AgroSciences Brazilian corn germplasm bank, the Morgan seed brand and a license for the use of the Dow Sementes brand for a certain period of time.
Financial Center: Beijing Value: 1000.01-5000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Brazil Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions
Lawyer Terence Foo