Beijing-based China Sinda Intellectual Property, one of China’s top IP law firms, is considering a sale that has investors including private equity firms interested, according to a report in Bloomberg.
The 200-lawyer Sinda, which has offices across the world, including in Washington, D.C., Tokyo, Munich, Singapore and Hong Kong, is reportedly working on a sale that could value it at about $300 million.
According to the Bloomberg report, sources have said that deliberations are still going on, with a chance that the firm’s owner could retain a stake in the business or decide against the transaction.
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