When a PRC industrial company purchased a European chemicals producer, it utilised an advanced acquisition strategy that included a complex debt restructuring. It also had to convince Chinese regulators the strategy was workable
April 05, 2011
Mergers and Acquisitions
Acquirers allowed to select their own offer exemption clause in case of a coincidence of clauses.
April 05, 2011Calculation of percentages relating to the purchase or sale of the identical or related assets by listed companies for a continuous period of 12 months clarified.
April 05, 2011Time of completion of an acquisition to increase shareholding clarified.
April 05, 2011Mofcom lifts the examination and approval requirement for certain foreign investment matters.
April 05, 2011CSRC gives a definition of a seriously distressed company.
April 05, 2011Mofcom may terminate M&A transactions that affect national security.
April 05, 2011The Provisions detail the security review application procedure for acquisition of domestic enterprises by foreign investors.
April 05, 2011The State Council recently promulgated a new initiative to establish a security review system on domestic M&A activities conducted by foreign parties. This new process officialises an attempt to safeguard key Chinese companies, but will add time and cost burdens to select potential overseas investors
April 05, 2011The Circular lifts and streamlines the examination and approval requirements for certain foreign investment matters.
April 05, 2011