近日,竞天公诚律师事务所与富而德律师事务所作为发行人律师助力农夫山泉成功上市香港联合交易所主板。此次IPO募集资金净额约81.49亿港元。高伟绅律师事务所和天元律师事务所为承销商提供法律意见。

农夫山泉是中国包装饮用水及饮料龙头企业,根据行业研究报告,2012年至2019年间,农夫山泉连续八年保持中国包装饮用水市场占有率第一的领导地位。本次全球发售股份388,231,800股,其中香港发售股份104,822,600股,国际发售股份283,409,200股。农夫山泉是在中国证监会去年11月宣布全面推开H股“全流通”改革以来,首家成功在IPO的同时实现H股“全流通”的企业。

竞天公诚团队的牵头律师为合伙人章志强、凌特志律师;富而德团队则由合伙人兼中国区资本市场业务主管王昶舜和合伙人赖志诚牵头带领。

作为承销商律师,天元团队负责合伙人为傅思齐、黄葭、高想律师;高伟绅团队则由合伙人王彦峰、方刘和向天宁律师牵头。

 

Freshfields, CC lead on bottled water company’s $1.08 bln HK IPO

Freshfields Bruckhaus Deringer and Jingtian & Gongcheng have advised Chinese bottled water and beverage company Nongfu Spring's on its $1.08 billion initial public offering on the Hong Kong Stock Exchange, with Clifford Chance and Tian Yuan Law Firm representing the joint sponsors and underwriters.

According to Reuters, Nongfu Spring offered 388.2 million shares, 7 percent of which will be sold in Hong Kong and 93 percent on the global market. Shares began trading on Sept. 8.

The IPO, which will value Nongfu Spring at more $31 billion, is one of the largest in Hong Kong, and the world's second largest by a food and beverage company so far this year.

Nongfu Spring ranked first in the packaged drinking water market in China by market share for eight consecutive years from 2012 to 2019, according to industry research. It was among the top three players in the tea beverage, functional beverage and juice beverage segments in China by retail sales during 2019.

The Clifford Chance team was led by partners Tim Wang, Liu Fang and Tianning Xiang, while partners Richard Wang and Calvin Lai led the Freshfields team.

 

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