4月20日，上海实业集团与天津海泰集团和天津泰达控股就受让两公司所持天津信托股权正式签署协议，上实集团以94.09亿元人民币受让天津信托77.58%股权。大成律师事务所作为海泰集团法律顾问参与交易，上海虹桥正瀚律师事务所则为上实集团提供法律意见。

根据大成的一份新闻稿，该项目是天津首例竞价摘牌的市管企业混改项目，也是天津首例溢价的市管企业混改项目。

公开资料显示，天津信托成立于1980年，是国内最早成立的信托投资机构之一。其2018年4月曾第一次挂牌转让股权，并于2019年底第二次挂牌转让。买方上实集团成立于1981年，是上海在境外规模最大的综合性企业集团，业务涵盖医药医疗、基建环保、房地产和区域开发、消费品、金融服务和投资。

大成团队此项目牵头律师为天津分所高级合伙人王斌、合伙人罗明亮；虹桥正瀚项目牵头律师为合伙人周琮博、合伙人许诚。

Dentons, Zhenghan on $1.3 bln SOE mix-ownership deal in Tianjin

Dentons has advised Tianjin Hi-tech Group on the transfer of its controlling stake in Tianjin Trust to Shanghai Industrial Investment, with Shanghai Zhenghan Law Firm advising the buyer.

With another seller, Tianjin Teda Investment, the two sellers altogether sold 77.58 percent of stakes for $1.3 billion. According to Dentons, this is the first bidding transaction in Tianjin concerning so-called State-owned enterprises mix-ownership reform.

Founded in 1980, Tianjin Trust is one of China’s oldest trust and investment agencies. Meanwhile the buyer, Shanghai Industrial Investment, which was founded in 1981, is Shanghai’s largest conglomerate registered in Hong Kong.

The Dentons team was led by senior partner Wang Bin and partner Luo Mingliang; while the Zhenghan team was led by partners Zhou Congbo and Xu Cheng.

To contact the editorial team, please email ALBEditor@thomsonreuters.com.