Poly Investments has carried out the first share swap in China under new M&A rules, but uncertainty still surrounds the treatment of acquiring equity interest.Poly's…
July 09, 2008
Mergers and Acquisitions
China Netcom has proposed a US$24 billion merger with China Unicom as part of a broader restructuring of China's telecommunications sector.Under the…
July 09, 2008California-based Heckmann Corporation (Heckmann) has acquired China Water and Drinks (China Water) for US$625 million. While Heckmann is a US blank check…
July 09, 2008Poly (Hong Kong) Investments Limited (PIL), a company incorporated in Hong Kong and listed on the Hong Kong Stock Exchange, has acquired the entire equity…
July 09, 2008China 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…
July 09, 2008IPOs not allowed within a year of thorough reorganization.
July 09, 2008The Ministry of Industry and Information, the National Development and Reform Commission and the Ministry of Finance have issued a joint statement to confirm…
July 09, 2008When a securities company is to establish a branch, it shall require the approval of the China Securities Regulatory Commission. A branch shall not have legal personality and its legal liability shall be borne by the securities company.
July 09, 2008When an IPO issuer restructures identical, similar or related businesses under the same corporate controller during the reporting period, it shall pay close attention to the effect of the reorganization on its total assets, or its operating revenue or gross profit.
July 09, 2008How do the Leading Lawyer nominations reflect the evolution of the legal system in China? China Law & Practice takes a closer look at the results, and speaks to the nominees about their areas of expertise. Hear from the experts what the future holds for China law.
July 09, 2008