Global Law Office representing China Orient Assets Management Corporation (“COAMC”) disposed majority shares in the biggest local retailer in Shijiazhuang to a consortium in a new style.
COAMC will get cash immediately and stake issued by a listed company within 24 months. The purchase price was confirmed above some amount in any case and in any time. This case is the first one finished by AMC after new policy Code No.54 promulgated by Ministry of Finance early this year.
Shanghai United Assets and Equity Exchange was chosen to act as the necessary broker in this deal, and Global team led by our partner Zhang Tao.
COAMC will get cash immediately and stake issued by a listed company within 24 months. The purchase price was confirmed above some amount in any case and in any time. This case is the first one finished by AMC after new policy Code No.54 promulgated by Ministry of Finance early this year.
Shanghai United Assets and Equity Exchange was chosen to act as the necessary broker in this deal, and Global team led by our partner Zhang Tao.
