Advised Wolong Electric Group Co., Ltd. on its acquisition of the Small industrial Motor(SIM) divi....
Release date:2018-08-30
Wolong Electric Group Co., Ltd. (hereinafter referred to as "Wolong Electric") oficially signed the closing documents with General ElectricCompany (hereinafter referred to as "GE"》 on june 30, 2018, and successfully completed the al-cash M&A with GE for UsD 160 milionregarding the delivery of low and medium voltage motor business “"slM". Since then. GE's SlM business has officialy become an importantpart of Wolong Electric's global business layout, making Wolong Electric's market share in the motor and control industry a global leader.
Ms. Emilia shi, the senior partner in the Capitlal Markets Department of Dentons (Shanghali) Law Firm, provided comprehensive legal adviceand coordination on all law-related maters throuahout the proiect as the Wolona Electic's legal counsel. The structure of this transaction iscomplex, and includes the acquisition of 100% of the equity interest of two companies of GE's SlM businesses in Mexico, as well as thetransfer of local assets and employees of the motor business of GE's related entities worldwide.
The main tasks in this proiect included, conductina leaal due dligence on GE target companies and muliple national entities, reviewing andmodifying the Purchase Agreement and its afliate agreements, as well as all Closing documents including the Transaction ServiceAgreement, Global Employee Service Agreement, the local transfer agreements of the U.s., France, ltaly, Mexico, Canada and othercounties, representing client in participating in overseas negotiatons, assisting in U.S. and Mexican antitrust fiings, U.s. CFlUS nationalsecuritly review filinas. and PRC foreian investment flina, etc. Ms. Emilia shi's team conducted this proiect with excelence. digence andeficiency in rendering profesional legal services throughout the transaction process and has won high recognition and praise from the cient
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