Beijing – 18 August 2004 Legal news, law news, law firm news & announcements at LAWFUEL – Global law firm Clifford Chance is advising AsiaInfo Holdings, Inc. in its acquisition of the IT services business of Hong Kong-listed Lenovo Group Limited in an all stock deal valued at US$36.6 million. AsiaInfo was the first Chinese company to complete a Nasdaq initial public offering, and is one of the leading software and IT services providers to telecommunications companies and other state-owned enterprises in China. Lenovo is China’s leading manufacturer of personal computers.
The Clifford Chance team in Beijing included Matt Adler (Counsel), Man Lee (Associate) and David Lam (Associate). Also involved in this deal were Brian Hoffman (Partner-New York), Jeff Lieberman (Partner-New York), Philip Wagman (Counsel-New York) and the firm’s Asian Communications, Media and Technology practice, including Alison Lindsay (Partner-Hong Kong) and Michelle Chan (Associate-Hong Kong).