Interview: How Bright Food bought Weetabix

China Law & Practice spoke with two partners who represented Lion Capital about how the groundbreaking deal between Lion Nathan and state-owned Bright Food was structured

The deal, which was announced earlier this month, is the largest overseas acquisition by a Chinese company in the food and beverage sector and could set a precedent for more acquisitions by businesses eager to acquire foreign brands.

 

“It is very rare for deals of this size to be done with Chinese state-owned enterprises,” said Michael Francies, managing partner of Weil Gotshal & Manges London office.

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