Acquisition and pre-sale restructuring of a SOE in China

16 May 2019

Leaf has assisted GL events for the acquisition of major exhibitions in China related to the construction market

Leaf has assisted GL events to acquire 55% of CIEC Union, a company operating several famous exhibitions related to the construction business. China International Exhibition Center Group (CIEC), a state controlled subsidiary of CCPIT, will remain the partner of GL events and the managers in this sino-foreign joint venture. This operation has been approved by MOFCOM on April, 30th.

Leaf has assisted GL events in their Chinese transactions in collaboration with the team of GL events for the legal due diligence, the structuring, the negotiations and the drafting of transaction documentation.