Paul Hastings Advises Nat-Ace Pharmaceutical on General Offer of Hong Kong-Listed Company
Beijing/Hong Kong (August 6, 2014) - Paul Hastings, a leading global law firm, announced today that the firm is representing Nat-Ace Pharmaceutical Ltd. (“Nat-Ace”) in its acquisition of approximately 52.79% of the entire share capital of Perception Digital Holdings Limited (“Perception Digital”).
Pursuant to the Hong Kong Takeovers Code, CCB International Capital Limited for and on behalf of Nat-Ace has made an unconditional mandatory cash offer to acquire all the issued shares in and cancel all outstanding options of Perception Digital (other than those already owned by or agreed to be acquired by Nat-Ace and parties acting in concert with it).
The Paul Hastings team has recently represented Unitech Enterprises in its acquisition of the Hong Kong-listed Ford Glory Group.
Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.