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Rhodia – Feixiang Chemical acquisition

US$489.00 m
  • Entry date - Thursday, 12 August 2010
  • Jurisdiction - China
  • Practice - M&A
  • Rhodia – Feixiang Chemical acquisition

  • Firm
    Fangda & Partners
  • Client
    Rhodia
  • Lead Lawyers
  • Role
    Counsel to Acquirer
  • Firm
    Ropes & Gray
  • Client
    Feixiang Chemical
  • Lead Lawyers
  • Role
    Counsel to Target
  • Firm
    Shanghai Summit Law Firm
  • Client
    Feixiang Chemical
  • Lead Lawyers
    Yu Zheng
  • Role
    Counsel to Target
  • Firm
    Shearman & Sterling
  • Client
    Rhodia
  • Lead Lawyers
    Jacques Naquet-Radiguet
  • Role
    Counsel to Acquirer


DEAL SUMMARY
·        The takeover comes after Rhodia said in April it was looking to do some bolt-on acquisitions this year in China or Latin America

·        The completion of the transaction is subject to various customary closing conditions, including approval of the Chinese authorities


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