Clifford Chance Advises Ciments Français on Investment in Hong Kong Listed West China Cement

Friday, May 11, 2012

Leading international law firm Clifford Chance advised Ciments Français on the sale of its 100% stake in Shaanxi Fuping Cement Company Limited (Fuping Cement) to a subsidiary of West China Cement Limited (WCC) for RMB504 million (approximately US$80 million) and its simultaneous investment in WCC, which is listed on the Hong Kong Stock Exchange.

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Tags:  Clifford Chance LLP | Hong Kong

Paul Hastings Advises Chinatrust in the Cross-Border Acquisition Financing of Trimco

Wednesday, May 9, 2012

Paul Hastings, a leading global law firm, announced today that it advised Chinatrust Commercial Bank, Ltd. (“Chinatrust”), as mandated lead arranger, on the acquisition financing for the leveraged buyout of Trimco International Holdings Limited (“Trimco”), a global provider of apparel labelling solutions headquartered in Hong Kong, by funds managed by Partners Group.

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Tags:  Paul Hastings LLP | Hong Kong

Squire Sanders Continues to Strengthen Presence in Asia

Tuesday, May 8, 2012

Global legal practice Squire Sanders continues to boost its presence in Asia with the addition of four new partners. Jenny Liu and Xudong Ni have joined the legal practice’s Beijing and Shanghai offices, and Sin Kiu Ng and Kam W. Law have joined the Hong Kong office. The expansion of the China offices comes only weeks after Squire Sanders opened an office in Singapore, demonstrating its commitment to clients operating across the region.

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Tags:  Squire Patton Boggs | Hong Kong

Davis Polk Advises TPG on Its Investment in China Ruifeng

Friday, May 4, 2012
Davis Polk is advising TPG Rave Holdings, L.P. (TPG Rave), an affiliate of TPG, in connection with its investment in China Ruifeng Galaxy Renewable Energy Holdings Limited (China Ruifeng). TPG Rave and Diamond Era Holdings Limited, a substantial shareholder of China Ruifeng, have agreed to respectively subscribe for 8% convertible bonds due 2017 and warrants issued by China Ruifeng with TPG Rave subscribing for an aggregate principal amount of $60 million of bonds and warrants with an exercise value of $15 million. The aggregate proceeds from the transaction will be used to increase China Ruifeng’s indirect holding in Hebei Hongsong Wind Power Co., Ltd. to no less than 51%. The transaction is subject to a number of conditions, including shareholders and regulatory approval.

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Tags:  Davis Polk & Wardwell | Hong Kong