Acquisitions

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Paul Hastings advised China ZhongDi Dairy Holdings on its acquisition; Dechert advised New Century Asset Management on termination of its New Century REIT

Paul Hastings advised China ZhongDi Dairy Holdings on its acquisition and privatisation by dairy company Yili Group in Inner Mongolia.

On completion of the HK$1.66 billion (US$212.7 million) mandatory conditional cash offer by capital markets and investment group CLSA, on behalf of Wholesome Harvest, a subsidiary of Yili, ZhongDi will be privatised and delisted from the Hong Kong Stock Exchange.

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