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UFIDA – Infoservice Technology acquisition

US$72.00 m
  • Entry date - Thursday, 12 August 2010
  • Jurisdiction - China
  • Practice - Litigation
  • UFIDA – Infoservice Technology acquisition

  • Firm
    Guangda Law Firm
  • Client
    Infoservice Technology
  • Lead Lawyers
    James Chen, Pete Zhang
  • Role
    Counsel to Target
  • Firm
    Tian Yuan Law Firm
  • Client
    UFIDA
  • Lead Lawyers
  • Role
    Counsel to Acquirer


DEAL SUMMARY
·        Shanghai-listed UFIDA has acquired a 99% stake in Infoservice Information Technology, while its Jiangxi subsidiary obtains the remaining 1%

·        This is the largest acquisition in the domestic management software industry to date

·        Tian Yuan is UFIDA’s long-term legal advisor


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