CDH Investments Sells US$744 Million Shares in WH Group
Hong Kong - Paul Hastings, a leading global law firm, announced today that it represented Chinese private equity investor CDH Investments (“CDH”) in its US$744 million (HK$5.79 billion) placing of shares in WH Group, the world’s largest pork producer and processor. Morgan Stanley acted as the placing agent.
Paul Hastings will continue to act for CDH in its potential distributions of shares in WH Group to certain limited partners and/or investors of CDH, which accounts for approximately 0.54% of the total issued share capital of WH Group.
In October 2016, Paul Hastings advised CDH on its US$800 million placing of shares in WH Group. Paul Hastings also advised CDH on its US$900 million placing and sale of shares in WH Group in August 2016, which marked one of the largest block trades in Asia ex-Japan last year.
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