亚洲最大赌博网站

On the evening of 18 August, Transfar announced that it plans to take over 100% equity interests in TPC Holding B.V. (henceforth "Tanatex Chemicals"), a Dutch company whose main business is to produce chemical products at the consideration of no more than EUR 110 million. The final purchasing price shall be subject to the equity purchase agreement. This is the first attempt of Transfar in overseas M&A.

Guantao provided legal services throughout the whole transaction. Guantao team was led by partner Zou Jun, and the team members included Mr. Ji Jianyang, Ms. Yu Yue etc. Guantao has been communicating with Transfar in a comprehensive and efficient manner, so as to set up a practical deal structure, represent Transfar in its negotiations with various parties, participate in legal due diligence of the subject company, draft, review and amend transaction documents, assist in its report of the PRC overseas investment and provide opinion on PRC law related issues. Guantao team worked efficiently and responded quickly to ensure smooth signing and closing of the transaction. With rich experience in cross-border M&A and corporation management matters, Guantao also offered insightful suggestions to the company’s follow-up management.

It’s known that the chemical business of Transfar is in domestic leading place. Through this acquisition of overseas high quality enterprise, Transfar enhanced its market share both in and outside China. This is also the current trend. With the enhancing competitiveness of Chinese enterprises, it is natural for enterprises with technology, funds and strength to try to connect domestic and overseas markets through acquisitions. This acquisition project generates a synergistic effect with full potential. Both parties could enhance their core competitiveness in global textile chemicals industry.