近日，欧洲血浆制品生产商基立福（Grifols）以跨境换股方式战略投资A股上市公司上海莱士项目完成交割，君合律师事务所、Osborne Clarke律师事务所及普士高律师事务所代表基立福参与交易，国枫律师事务所则为上海莱士提供了法律意见。
根据基立福的一份公告，交割完成后，基立福持有上海莱士26.2%的股权，成为其第二大股东，该部分股份已在深交所上市；上海莱士则持有基立福旗下从事血液诊断业务子公司GDS的45%股份；此次交易对价约为132.46亿元人民币，是2020年迄今全球血液制品市场最大规模并购交易。
根据君合的新闻稿，本次交易为首例真正意义上的民营A 股上市公司与境外上市公司之间跨境换股交易。基立福是欧洲最大、全球排名前三的血浆制品行业龙头企业，总部位于西班牙巴塞罗那，其子公司GDS为血液检测仪器及试剂生产商，主要开展核酸检测、免疫抗原和血型检测三类业务。上海莱士成立于1988年，从事血液制品，疫苗、诊断试剂及检测器具生产和销售并提供检测服务。
君合团队此次牵头律师为合伙人陈江、陶旭东；国枫团队牵头律师为合伙人王冠、李大鹏及授薪合伙人唐诗。
野村证券及中金公司担任基立福的财务顾问，申万宏源则担任上海莱士财务顾问。
JunHe, Grandway on 2020’s largest blood product industry M&A deal
JunHe, Osborne Clarke and Proskauer Rose have advised European plasma products producer Grifols on the control of 26.2 percent stake in A share listed company Shanghai RAAS, with Grandway Law Offices advising the seller.
The transaction value is about $1.87 billion and in exchange, Shanghai RAAS has gained 45 percent non-majority share in Grifols’ subsidiary, Grifols Diagnostic Solutions (GDS). This is by far the largest M&A deal in the blood products industry globally.
According to JunHe’s press release, this transaction is the first share swap made in China with shares of a foreign company and a non-state-controlled Chinese listed company. Founded in 2013, GDS’ line of business includes providing professional analytic or diagnostic services for the medical profession. Meanwhile Shanghai RAAS was founded in 1988 and is the largest blood products company in China.
The JunHe team was led by partners Chen Jiang and Tao Xudong; the Grandway team was led by partners Wang Guan, Li Dapeng and salary partner Tang Shi.
Nomura and CICC served as financial advisors for the buyer, with Shenwan Hongyuan Securities acting as the counterpart for the seller.
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