Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 10-01-2013 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | CDBC- Weichai Power acquisition of stake in KION Group | Industry: | Industrial Transportation |
| Description: |
Global law firm White & Case LLP has represented China Development Bank Corporation in connection with the EUR553 million acquisition financing for Weichai Power Hong Kong International Development Co. Limited, a wholly owned subsidiary of Weichai Power Co. Ltd, for the acquisition of a stake in Germany's KION Group. The transaction represents the largest direct investment by a Chinese group in Germany to date.
The White & Case team was led by partners Xiaoming Li, Baldwin Cheng and David Li in Beijing, and Tom Schorling and Andreas Stilcken from Frankfurt. They were supported by associates Caspar Davey and Ting Yuan in Beijing, and Ingrid Knollmeyer in Frankfurt.
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| Financial Center: | Beijing | Value: | 500.01-1000.00 |
| Advised Party: | Lender | Law Firm | White & Case |
| Borrower Jurisdiction: | China | Lender Jurisdiction: | China |
| Classification: |
Acquisition Finance Private Company Acquisition |
Lawyer | Xiaoming Li |
