Bayer on its acquisition of all the shares in Dihon Pharmaceutical Group at a purchase price of approximately RMB3.6 billion. This deal was one of the most significant inbound acquisition in the pharmaceutical sector and was recognized as Deal of the Year 2015 by China Business Law Journal.
Alibaba on (i) its RMB28.23 billion (US$4.6 billion) investment for a 19.99% stake in and Suning Commerce Group Limited and (ii) Suning Commerce Group Limited’s RMB14 billion (US$2.3 billion) investment in Alibaba, (iii) joint venture with Suning. This was one of the largest investment transactions in the new retail sector.
Philips on its acquisition of the 100% stake in the POVOS kitchen appliance business for about RMB2.2 billion. This was one of the largest inbound acquisitions in home appliance sector.
AMD (Advanced Micro Devices Inc.), a computer chip manufacturer, on its US$371 million divesture of computer chip packing businesses to Tongfu Microelectronics Co, and the formation of joint venture with the buyer.
GE on its RMB3.4 billion investment in China XD Electric Co. and joint venture with XD and global commercial co-operations. This was the first successful strategic investment by a U.S. Fortune 500 company in a Chinese-listed company.
Swire Beverage, a subsidiary of Swire Pacific, on its acquisition of bottling operations from The Coca-Cola Company and COFCO in various provinces and disposal of equity interests in bottling operations to COFCO in other provinces. The net amount of the consideration paid by Swire Beverage was about RMB4.6 billion.
The Hershey Company on its RMB2.4 billion purchase of Shanghai Golden Monkey Food Co.
Tyson Foods, Inc. in connection with the Hong Kong and China components of a deal of acquisition of 100% interest in MFG (USA) Holdings, Inc. and McKey Luxembourg Holdings from Marfrig Global Foods for a total amount of US$2.3 billion.
Starbucks Corporation on its US$1.3 billion acquisition of 50% of the shares in Shanghai Starbucks Coffee, a joint venture invested jointly by Taiwan Uni-president and Starbucks.
China Resources Enterprise on its acquisition of Tesco’s China retail business and the resulting joint venture with Tesco.
The business units of Cargotec Corporation (Kalmar, Hiab, MacGregor) on their acquisition and joint venture projects in China, including the JV with, and strategic investment in, Jiangsu Rainbow Heavy Industries Co and truck crane joint venture with Sinotruk Group.
Envision (as global lead counsel) on its global leveraged acquisition of AESC (Nissan’s worldwide car battery business and a joint venture with NEC) and NECED in a transaction valued at more than US$1 billion. This is one of the largest PRC acquisitions of a Japan-based business with significant Japanese bank acquisition financing.
CITIC Group and its subsidiary CITIC Dicastal Co. on their US$300 million acquisition of KSM Castings Verwaltungsgesellschaft and KSM Castings Holding. This was the largest acquisition made by Chinese corporation in Germany at the time.
Tianjin Tianhai Investment Co. (an A-share listed company), an affiliate of HNA in connection with its US$6 billion acquisition of Ingram Micro Inc. This was the largest Chinese outbound acquisition of a U.S.-listed company.
Shanghai Electric Group on its acquisition from Fondo Strategico Italiano (an Italian sovereign PE fund) of a 40% stake in Ansaldo Energia S.p.A., a power engineering company in Italy, for an aggregate purchase price of €400 million. This was a multi-faceted deal which also involved the setting up of two Chinese joint ventures by Shanghai Electric and Ansaldo Energia and other related technology cooperation matters.
Unilever on its acquisition of more than 10% of the shares in its subsidiary, Qinyuan Group Co., for a total purchase price of around RMB450 million, bringing Unilever’s holding to over two-thirds of the total share capital of Qinyuan.
Home Inns Hotel & Management Inc. on its acquisition of Motel 168 and assisted Home Inn on its antitrust filing for the consolidation of two largest economic hotel chain businesses in China in an acquisition valued at US$470 million.
A buyer consortium led by Shanghai Wanye Enterprises, an A-share listed company, on its approximately US$398 million acquisition of Compart Systems from Platinum Equity.