Skip to main content

Davis Polk & Wardwell and Tian Yuan Law Firm are advising China’s Youran Dairy on its planned IPO in Hong Kong, with Sidley Austin and Dentons advising the joint underwriters.

The IPO is expected to raise around $643 million, Reuters reported.

Established in 2007, Youran Dairy is headquartered in Inner Mongolia. According to Reuters, it is backed by private equity firm PAG, and was spun off from Inner Mongolia Yili Industrial Group. Youran bought two farming hubs in Ying and Yutian counties last year for $369 million from New Zealand's Fonterra.

Ogier is advising the issuer on offshore matters. The joint underwriters are Huatai International and Credit Suisse.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

CC, DFDL, Bakers, HBS act on $550 mln Cambodia microfinance deal

Magic Circle law firm Clifford Chance and DFDL have advised a consortium of investors on the $550 million sale of Cambodian microfinance institution Amret to Taiwan's Bank SinoPac, which was represented by Baker McKenzie Taiwan and local firm HBS Law.

A&O Shearman guides $1.2 bln Malaysian data centre deal

by Nimitt Dixit |

Global law firm A&O Shearman has advised Malaysian real estate firm Sime Darby Property (SDP) on a $1.2 billion agreement to develop and lease a data centre campus in Malaysia with Google-backed Pearl Computing Malaysia.

CC, Milbank, Rahmat Lim, Zul Rafique advise on $900 mln M’sia data centre financing

Clifford Chance and Rahmat Lim & Partners have represented data centre developer Yondr Group in securing over $900 million in project financing for its hyperscale data centre in Johor, Malaysia. Milbank advised the finance partie