Sullivan & Cromwell represents Sanpower Group (China) in connection with its affiliate Jiangsu Hongtu High Technology Co., Ltd’s (China) sale and purchase agreement with the controlling shareholders of IDT International Limited (Hong Kong) to acquire 45% shareholding interest in IDT for approximately HK$250 million, announced February 18, 2015. The S&C team on the transaction includes:
Corporate:
Kay Ian Ng (Partner, Hong Kong)
Gwen Wong (Partner, Beijing)
Vivian Tse (Associate, Hong Kong)
