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Allied Cement’s Chinese Pharmaceutical Company Acquisition

March 01, 2016

Hong Kong (March 1, 2016) – Paul Hastings LLP, a leading global law firm, announced today that it represented Allied Cement Holdings Limited, a leading China-based cement manufacturing and trading company, to acquire 60% equity interests of Beijing Ziguang Pharmaceutical Co., Ltd. from Shenzhen Waranty Asset Management Co., Ltd. for US$44 million.
The acquisition is part of Allied Cement’s business strategy to expand into the medical, pharmaceutical and healthcare industry.

The Paul Hastings team was led by

, partner and Chair of Greater China, with support from partner , associates , and trainee solicitor .

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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