Mergers & Acquisitions Support
A. Louie provides invaluable and prompt M & A support from a local level and beyond. Our M & A support services are specifically tailored to the needs of clients acquiring Chinese companies or assets. We work with your lawyers and/or key managers to acquire and coordinate the information you need to determine whether to consummate a transaction.
M & A in China is a complex process. Performing due diligence and researching potential partners’ background is greatly hindered by the opaque nature of the country. In many instances, local governments work closely with local businessman to mislead potential investors. While acquiring public information is straight-forward in many countries, accessing certain public information in China often depends on relationships. Information regarding businesses, assets and people can reside in multiple repositories and a plethora of government agencies, not just in one city but throughout China. A. Louie efficiently provides the information you need to make informed decisions. A. Louie provides invaluable ‘behind the scenes’ M & A support from a local level and beyond. Our M & A support services are specifically tailored to the needs of clients acquiring Chinese companies or assets. We work with your lawyers and/or key managers to acquire and coordinate the information you need to determine whether to consummate a transaction.
Case Examples:
European Apparel MNC desired to conduct an M&A transaction in Guangdong province. The acquisition of a Chinese company was supported by the local District Government but was blocked by the Municipal Ministry of Commerce (MOFCOM) office. A. Louie worked with the company and the Municipal Ministry of Commerce (MOFCOM) office with mediation and support from the Provincial MOFCOM in Guangzhou to negotiate a successful approval for acquisition on behalf of the European MNC.
An American pharmaceutical company desired to acquire a sizable Chinese one and experienced a bureaucratic and political wrangling at the provincial level. A. Louie worked with the company and various relevant provincial departments such as Provincial Food & Drug Administration, Provincial MOFCOM, Provincial AIC and Tax Bureau, etc. Of course, all the efforts were mediated and supported from the State level in Beijing.