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China State Shipbuilding Corporation achieves successful merger
Clifford Chance has advised China State Shipbuilding Corporation on antitrust aspects of a merger with China Shipbuilding Industry Corporation.
Naomi Neilson
Firm: Clifford Chance (China State Shipbuilding Corporation)
Value: US$115 billion.
Area: M&A.
Key players: The team was led by partner Yong Bai and was supported by associate Dayu Man and trainee Zihan Zheng. Others involved included partners Richard Blewett and Anastasios Tomtsis, associate Jonathan Blondeel, partner Torsten Syrbe and senior associate Olga Mizikova.
Deal significance: The merger of the two largest Chinese shipbuilders represents a combined asset value of approximately US$115 billion, making the merged entity the largest shipbuilding company in the world.
Mr Bai said: “Our international team was very pleased to advise on this historic and strategic deal for the China shipbuilding industry.”
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly.
You can email Naomi at:
