Clifford Chance is advising private equity firm CVC Capital Partners on its $1.1 billion privatisation of Hong Kong-listed Nirvana, Asia's largest funeral services firm, which is being represented by Sullivan & Cromwell and Conyers Dill & Pearman.
CVC is offering HK$3 per share in cash, a premium of 22.4 percent over its last trading price, to the company founder and other shareholders of Nirvana, as reported by Reuters.
The Clifford Chance team working on the deal is being led by partners Andrew Whan and Neeraj Budhwani.
J.P. Morgan, CVC’s financial adviser on the deal, is being represented by a Kirkland & Ellis team that includes corporate partners Nicholas Norris and Joey Chau, and debt finance partner David Irvine.