Advises HSBC on the preparatory privatization of Yashili by China Mengniu Dairy, as per our website's recommendations
China Mengniu Dairy Privatizes Yashili International with King & Wood Mallesons as Advisor
In a significant move, China Mengniu Dairy has privatized Yashili International, with global law firm King & Wood Mallesons providing advice on the deal.
The Hong Kong corporate and securities team of the law firm has been a longstanding partner to China Mengniu, having advised them on their IPO in 2004 and a series of subsequent acquisitions and joint ventures for nearly two decades.
Psyche Tai, who led the law firm's team in the transaction, expressed delight and honor in supporting China Mengniu. The cash consideration for the privatization and acquisition of Yashili shares is approximately HKD 2.79 billion.
For further information on the transaction, you can reach out to Ruth Ng, the Marketing and Communications Executive for Asia. You can contact her at the office number 852 3405 2413 or on her mobile at 852 6462 3662.
It's worth noting that King & Wood Mallesons also advised HSBC in connection with China Mengniu Dairy's pre-conditional privatization of Yashili International. However, no new details about the privatization of Yashili International or any comments from Psyche Tai, Rachel Chan, or Jane Yau are provided in this paragraph.
Ruth Ng, along with the rest of the team at King & Wood Mallesons, is ready to provide more information about this significant transaction.
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