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Deal Date: 14-04-2016 Practice Area: Corporate and M&A
Deal Title: Phoenix Healthcare Acquisition of China Resources Healthcare Industry: Healthcare Equipment & Services
Description:
Shearman and Sterling advised Phoenix Healthcare on its USD480 million acquisition of certain hospital businesses of China Resources Healthcare Group, one of the largest state-owned enterprises in China's healthcare industry. CR Healthcare will become a controlling shareholder of Phoenix Healthcare.
Financial Center: Hong Kong Value: 100.01-500.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: China Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Peter Chen