近日,总部位于香港的全球采购及物流巨头利丰公司宣布其将开启私有化进程,此次私有化预计总价值为72.2亿港元(约合9.3亿美元)。
美国达维律师事务所担任利丰集团法律顾问,凯易律师事务所、富而德律师事务所担任买方新加坡普洛斯公司及利丰创始人冯氏家族的法律顾问,司力达律师事务所则为买方财务顾问摩根士丹利提供法律意见,康德明律师事务所则就百慕大法律提供咨询。
根据路透社报道,冯氏家族和新加坡仓储物流公司普洛斯共同组建了特殊目的实体Golden Lincoln Holdings完成此次私有化收购。
本次交易在全球遭受新冠大流行的背景下发生。成立于1906年的利丰集团在全球范围内向零售商供应服装及其他产品,利丰在声明中表示,零售业在过去两个月中表现疲软,2020年后期业务也充满不确定性。利丰曾采取重组举措调整业务,在零售业受到网络冲击的情况下强化竞争优势,但其财务表现依旧疲软。
达维团队牵头律师为香港办公室合伙人褚洋、Martin Rogers;凯易团队牵头律师为香港办公室公司业务合伙人Nicholas Norris、周荔尔;司力达团队牵头律师为香港办公室合伙人钟慕贞。
Davis Polk, Kirkland, Slaughters, Freshies on Li & Fung’s $931 mln going private
Davis Polk & Wardwell has advised Hong Kong-listed global sourcing and logistics group Li & Fung on its $931 million proposed privatisation by Golden Lincoln Holdings, which was represented by Kirkland & Ellis.
Slaughter and May advised Morgan Stanley as financial adviser to Golden Lincoln, meanwhile Conyers acted as Bermuda counsel in the deal.
According to Reuters, Golden Lincoln is an entity formed by the Founder Group, which was counselled by Freshfields Bruckhaus Deringer, of Li & Fung and Singaporean warehousing and logistics firm GLP. Li & Fung was founded in 1906 and supplies clothing and other products to retailers worldwide.
The Davis Polk team was led by partners Chu Yang and Martin Rogers. The Kirkland team was led by partners Nicholas Norris and Joey Chau, while the Slaughter and May team led by partner Lisa Chung.
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