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Conyers provided Cayman law advice to C.P. Lotus Corporation (“CP”) on its privatization by way of two schemes of arrangement between the Company and its scheme ordinary shareholders/scheme CPS holders pursuant to an offer by C.P. Holding (BVI) Investment Company Limited which valued CP at about HK$425 million and its delisting from the Hong Kong Stock Exchange.
CP currently owns and operates 70 retail stores and two shopping malls under the brand name “Lotus” in China.
Partner Teresa Tsai of Conyers’ Hong Kong office, Partner Ben Hobden of Conyers’ Cayman Islands office and Hong Kong Associate Hollia Lam advised on the matter working alongside Sidley Austin.