Skadden Arps Involved in Privatization of Hong Kong Telecom Company – Law Firm Newswire

LawFuel – Legal Announcements – Skadden is advising Pacific Century Regional Developments (PCRD), in its US$1.9 billion (HK $14.9 billion) offer — with China Netcom — to privatize PCCW Limited, a Hong Kong-listed telecommunications company. PCRD is a Singapore-listed company and China Netcom is a PRC state-owned telecommunications company.

Skadden also advised PCRD on the loan financing provided by HSBC to fund PCRD’s commitment to the proposed privatization.

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