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background
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We acted as the financial adviser to China Resources (Holdings) Company Limited, a conglomerate with a diverse line of businesses in Mainland China with six listed subsidiaries in Hong Kong including China Resources Enterprise Limited on a major group reorganisation.
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our roles
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- discussion with management on long-term strategic directions
- design of overall group reorganisation and deal structure
- value assessment for assets to be acquired / disposed of
- extensive due diligence and negotiation with counterparties
- coordination of the whole process and timetable
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key matters
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- in-depth valuation analysis of different businesses, namely hypermarket chain, brewery and textile business as well as container terminal operations in Hong Kong
- tactical discussion on values of certain assets in which another counterparty had an interest
- a complicated transaction requiring careful execution due to a number of implications from the Listing Rules