NEWS | deals >>
corporate finance, private equity investment and M&A transactions
| CHINA | ► SHANDONG FIN CNC MACHINE A-SHARE IPO 法因数控A股IPO 并上市 Value: US$47m
| CHINA | ► BEIJING CAPITAL INTERNATIONAL AIRPORT COMPANY LIMITED – TERMINAL NO. 3 ACQUISITION 首都机场股份收购三号航站 楼资产 Value: US$3.45bn
Firm: Huen Wong & Co in association with Fried Frank 香港 王桂埙律师行联合法朗克律师行 Client: Beijing Capital International Airport Company 北京首都机场 股份 Lead lawyer: Stephen Mok Firm: Tian Yuan 天元 Client: Beijing Capital International Airport Company 北京首都机场 股份 Lead lawyers: Liu Yan and Kong Xiaoyan 刘艳 、孔晓燕 Firm: V & T Law firm 万商天勤 Client: Capital Airports Holding Company 首都机场集团公司 • Beijing Capital International Airport Company acquired the airport's Terminal No. 3, which includes airfield assets, from Capital Airports Holding Company • Opened six months before the start of the 2008 Olympic Games, Terminal 3 at Beijing Capital International Airport is the world’s largest building and most advanced airport
| CHINA | ► OLYMPUS CAPITAL INVESTMENT IN ZHONGWANG
泰山投资亚洲控股公司投资忠 旺国际集团 Value: US$100m
Firm: Paul Weiss Rifkind Wharton
10
& Garrison 宝 维斯 Client: Olympus Capital Holdings 泰 山投资亚洲控股 公司 Lead lawyers: John E Lange, Gloria Liu-Luster
John Lange, Paul Weiss
Firm: Richards Butler 齐伯礼 Client: Zhongwang Group Limited 忠 旺国际集团 • Private equity firm Olympus Capital Holdings Asia has invested US$100m in Zhongwang International Group Ltd, a Liaoningbased aluminium manufacturer • Olympus Capital will appoint one director to the board of China Zhongwang Holdings, the holding company of Zhongwang • This is the third investment in China by Olympus Capital; prior investments include the Sichuan Emeishan Special Cement Co, China Minzhong, and Tamarisk
| CHINA | ► ARC – SHAANXI EDUCATION EQUITY ACQUISITION 瑞寰基金 投资陕西教育机构 Value: US$71m
Firm: Tian Yuan 天元 Client: Arc Education 瑞寰基金 Firm: Guantao Law Firm 观韬 Client: Shaanxi Education Lead lawyer: Cui Liguo 崔利国
Cui Liguo, Guantao
• ARC Education Investment
Management acquired 45% equity interest in Shaanxi Da De Education Development, which holds direct interests in Xi’an International University and Xinhua Institute of Chang’an University, two private education institutions in China. Sixty per cent of the consideration has been paid at the first closing • Guantao Law Firm, as the legal counsel for Shaanxi Da De, was responsible for the legal due diligence and advice on the financing structure and documentation
| CHINA | ► CHINA NEW ENTERPRISE INVESTMENT CO JIANGSU FEIDA GROUP INVESTMENT 新 企创投投资江苏飞达集团 Value: US$50m
Firm: Zhonglun 中伦 Client: China New Enterprise Investment Co 新 企创业投资企业 Lead lawyer: Jeremy Dai 戴志文
Firm: Zhonglun 中伦 Client: Shandong Fin CNC Machine Co. 山东法因数控机械股份有限公司 Lead lawyers: Zhang Zhong and Hu Tingfeng 张忠、胡廷峰 Firm: China Commercial 广东华商 Client: Underwriters 承销商 • Shandong Fin CNC Machine Co. (Fin CNC Machine) debuted on Shenzhen Stock Exchange on 5 September, raising more than RMB300m through its IPO • China Commercial Law Firm advised the underwriters led by China Merchants Securities • The issuer is a Shandong-based high-tech enterprise, which exports products into Western Europe and commands 62.14% of domestic market share • Li Shengjun, president of Fin CNC Machine, said the IPO proceeds will be used to construct the production base of steel structure digital full-set device in Jinan
| CHINA | ► FSYM CONSTRUCTION – BEIJING YONGMAO JIANGONG ACQUISITION 抚顺永茂收购北 京永茂建工
Jeremy Dai, Zhonglun
Firm: Yuan Tai 源泰 Client: Yongmao Holdings Limited 永茂控股
• China New Enterprise Investment Co is a China incorporated closed-end private equity fund targeting opportunities in China
Firm: Rajah & Tann 新加坡立杰 Client: Yongmao Holdings Limited 永茂控股 Lead lawyer: Serene Yeo
• Feida Group is a well-known manufacturer of drill bits, taps, diamond blade and electric tools. Its tool bits account for more than 40% of total export amount of country
• Fushun Yongmao Construction Machinery agreed to acquire a 66% interest in Beijing Yongmao Jiangong Machinery Manufacturing, a tower cranes manufacturer, from Fushun Yongmao Industry Group
• Jeremy Dai is a partner with Zhonglun based in Shanghai, who has extensive experience in
• FSYM construction is a whollyowned subsidiary of Yongmao Holdings, which is listed on the ISSUE 5.9