Conyers provided Cayman legal advice to CAR Inc. and Indigo Glamour Company Limited in connection with the privatisation of CAR Inc. by way of Voluntary General Offer & Compulsory Acquisition.
CAR Inc. was listed on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 699) and is primarily in the car rental business in mainland China.
Indigo Glamour Company Limited is a special purpose vehicle established by one of the largest private equity funds in Asia, MBK Partners.
Consultant David Lamb and Partner Wynne Lau of Conyers’ Hong Kong office advised on the matter working alongside Davis Polk & Wardwell and Weil, Gotshal & Manges.
This matter won “Deals of the Year 2021” by China Business Law Journal and was nominated at the ALB Hong Kong Law Awards 2021 for M&A Deal of the Year.