达能集团近日向香港私募软银赛富出售所持中国汇源果汁23%股份,此次交易法律顾问由贝克.麦坚时,富而德以及美国美富律师事务所担任。
SAIF Partners – China Huiyuan Juice shares acquisition
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US$253m
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Synopsis Danone Asia sells 23% shares in China Huiyuan Juice to Hong Kong-based PE firm, SAIF Partners | ||
Firm | Client | Role |
Baker & McKenzie
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Danone | Hong Kong counsel |
Freshfields | SAIF Partners | Hong Kong counsel |
Morrison & Foerster | China Huiyuan | International counsel |
Baker & McKenzie, Freshfields and Morrison & Foerster have recently advised on Danone’s 23% share sale of China Huiyuan Juice to Hong Kong-based PE firm, SAIF Partners.
Baker & McKenzie has advised Danone on various matters across the region and assisted Danone throughout the listing process of China Huiyuan. “The deal went through various possible structures in its planning stage. It had to be synchronised with the other investment that the purchaser was planning to make in China Huiyuan at the same time,” said Bakers’ lead partner Elsa Chan.
Last year, Coca-Cola proposed a US$2.4bn all cash bid for Huiyuan, in what would have been the largest ever foreign takeover of a Chinese company, but the deal collapsed, becoming the first transaction blocked under the new anti-monopoly law, after China ruled that the proposed transaction would have been bad for industry competition.
Danone operates 20 factories and employs 9,000 people in China across its four divisions—fresh dairy products, waters, baby nutrition, and medical nutrition. ALB