近日,中国钢铁电商平台找钢产业互联集团(“找钢网”)与特殊目的收购公司(SPAC)Aquila Acquisition Corporation进行业务合并,成为自2022年1月1日香港引入SPAC上市机制以来香港首个SPAC并购交易,Aquila也是首家在香港上市的SPAC。
找钢网在合并前估值为100亿港元,10名投资者已经承诺在交割时认购找钢网股份,认购总价为6.05亿港元。
富而德律师事务所、迈普达律师事务所为Aquila提供服务,凯易国际律师事务所、世辉律师事务所、迈普达律师事务所则代表找钢网参与交易。
安理国际律师事务所、君合律师事务所为联席保荐人提供法律意见;普衡律师事务所则作为发起人律师参与交易。
去年,富而德亦为Aquila的上市提供法律服务。交易完成后,找钢网将作为继承公司于香港联交所上市。
找钢网总部位于上海,运营着全球最大的三方钢铁交易数字化平台。该公司也是首个在中国提供涵盖钢铁交易全价值链的一站式B2B综合服务平台。
富而德团队由合伙人黄颖慧和Arun Balasubramanian牵头领导,并由合伙人苏晓漫支持;
凯易团队由资本市场合伙人林邦和吕梦宇博士,及交易合伙人周荔尔牵头领导。
7 law firms advise on Hong Kong’s first de-SPAC merger
Freshfields Bruckhaus Deringer and Maples and Calder have advised special purpose acquisition company (SPAC) Aquila Acquisition Corporation on its HK$10 billion ($ 1.27 billion) de-SPAC merger with ZG Group, marking Hong Kong’s first-ever de-SPAC transaction. Kirkland & Ellis, Shihui Partners and Maples and Calder have acted for ZG Group.
Allen & Overy and JunHe have represented sponsors and sponsors' coordinators, while Paul Hastings have advised promotors.
Last year, Freshfields advised Aquila on its IPO in Hong Kong. On completion of the de-SPAC transaction, ZG Group will be the successor company listed on the Hong Kong Stock Exchange.
Shanghai-headquartered ZG Group operates the world’s largest digital platform for third-party steel transactions by volume in 2022 and was the first in China to offer a one-stop integrated suite of B2B services covering the entire value chain of steel transactions.
The Freshfields team was led by partners Grace Huang and Arun Balasubramanian with support from partner Sarah Su.