DLA PIPER AND DEACONS ADVISE ON BANK DEAL

July 09, 2008 | BY

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China Merchants Bank has acquired Wing Lung Bank, which is valued at approximately US$4 billion, or 3.1 times book value. Wu Jieh Yee Company is the single-largest…

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China Merchants Bank has acquired Wing Lung Bank, which is valued at approximately US$4 billion, or 3.1 times book value.

Wu Jieh Yee Company is the single-largest shareholder, controlling 28.22%