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Deal Date: 29-12-2014 Practice Area: Corporate and M&A
Deal Title: China Communications Construction Acquisition of Greentown China Stake Industry: Real Estate Investment & Services
Description:
Freshfields Bruckhaus Deringer advised China Communications Construction Group on its acquisition of a 24.288% stake in Greentown China Holdings Limited. The HKD6bn (USD770m) stake was purchased from existing controlling shareholders and the deal was announced on 23 December 2014. Greentown China is one of China's leading largest property developers. The Freshfields team advising on the transaction was led by China Chairman Teresa Ko and Beijing corporate partner Richard Wang.
Financial Center: Hong Kong Value: 500.01-1000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: China Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Teresa Ko