news

 

Global law firm Norton Rose Fulbright is advising Hong Kong-headquartered tissue and diaper maker Vinda International Holdings on its $3.3 billion proposed acquisition by Royal Golden Eagle (RGE), owned by Indonesian billionaire Sukanto Tanoto.

RGE has made an offer for a 52 percent stake in Vinda, which is owned by Swedish tissue maker Essity.  

The deal comes as multinational companies are reviewing their presence in China or holdings in Chinese businesses amid heightened geopolitical tensions and China's economic slowdown, Reuters reported.

The Norton Rose Fulbright team was led by partners Psyche Tai and Rachel Chan.

 

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Deals

White & Case guides $380mln U.S.-Japan LNG deal

by Nimitt Dixit |

Global law firm White & Case has advised Japan Petroleum Exploration Co. (JAPEX) on the acquisition through its U.S. subsidiary of an equity interest in Gulf Coast LNG Holdings, which owns an interest in the Freeport LNG project in Texas, from JERA Americas for approximately $380 million.

Deals

Reed Smith, Freshfields, Kirkland on Henlius’ $691 mln take-private deal

by Hu Yangxiaoxiao 胡阳潇潇 |

Freshfields Bruckhaus Deringer is representing Hong Kong-listed biotech company Henlius on its $691 million take-private deal offer from Shanghai Fosun New Medicine Research Company, which is being advised by Reed Smith.

Deals

Latham, Zhong Lun act on $445 mln France-SG waste treatment deal

by Asian Legal Business《亚洲法律杂志》 |

Latham & Watkins has advised French industrial group Seche Environnement on its S$605 million ($445 million) agreement to buy Singapore’s ECO Industrial Environmental Engineering from Beijing Capital Eco-Environment Protection Group.