Paul Hastings Advises on Sale of Remaining 49% Interest in Traxon Technologies to OSRAM
Hong Kong (November 10, 2011) Paul Hastings, a leading global law firm, announced today that it has advised the minority shareholders in their sale of the remaining 49% interest in Traxon Technologies (Traxon), one of the worlds leading systems and solutions providers in the LED-based industry, for an undisclosed amount to OSRAM, one of the worlds leading lighting manufacturers and a wholly-owned subsidiary of Siemens.
In 2009, Paul Hastings advised Traxon and existing shareholders on its large scale restructuring and the sale of a 51% majority interest to OSRAM. This was a transaction which involved complex legal issues across a number of jurisdictions including China, France, Germany, Hong Kong, Japan, the Netherlands, the U.K. and the U.S.
The Paul Hastings team was led by partner
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