Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 20-10-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Tencent Holdings Investment in China LotSynergy Holdings | Industry: | Software & Computer Services |
| Description: |
Davis Polk advised Tencent Holdings Ltd. in connection with its investment in China LotSynergy Holdings Limited. Tencent will subscribe for new shares of LotSynergy at a total consideration of approximately HKD445.5 million. Upon completion of the subscription, Tencent will be granted an option exercisable within 12 months to further subscribe for shares of LotSynergy at a total consideration of approximately HKD226.7 million. The subscription shares together with the shares underlying the options represent approximately 9.9% of the enlarged issued share capital of LotSynergy.
The Davis Polk corporate team includes partners Miranda So, Kirtee Kapoor and Antony Dapiran and associate Yang Chu.
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| Financial Center: | Hong Kong | Value: | 0.00-100.00 |
| Advised Party: | Acquiror | Law Firm | Davis Polk |
| Target Company Jurisdiction: | China | Acquiror Jurisdiction: | China |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Miranda So |
