Hong Kong / China – 2 September – LAWFUEL – The Law News Network – Clifford Chance advised Temasek Holdings (Pte.) Ltd., a Singapore investment holding company (“Temasek”), on its US$1.4 billion acquisition, through its wholly-owned subsidiary Asia Financial Holdings, of a 5.1% stake in China Construction Bank, with a commitment to subscribe for a further US$1 billion shares at IPO.
The Clifford Chance team was led by Ting Ting Tan (partner, Shanghai) and included Stephen Harder (partner, Shanghai), Amy Lo (partner, Hong Kong), Justin Wilson (Beijing), Lina Lee (Hong Kong), Clara Yee (Hong Kong) and Tiecheng Yang (Beijing).
The firm also advised Temasek on its US$3.1 billion acquisition, through its wholly-owned subsidiary Asia Financial Holdings, of a 10% stake in Bank of China, with a commitment to subscribe for a further US$500 million shares at IPO.
The Clifford Chance team was again led by Ting Ting Tan, and included Justin Wilson, (Beijing), Lina Lee (Hong Kong), Clara Yee (Hong Kong) and Tiecheng Yang (Beijing).
