15 July 2022
Clifford Chance advises China Baowu Steel on antitrust aspects of its 51% stake in Xinyu Iron & Steel Group
Advising firms
Deal team
5 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Yong Bai Lead | Clifford Chance | Partner | antitrust | Beijing |
| Dayu Man | Clifford Chance | Counsel | antitrust | Beijing |
| Xingzhi Liu | Clifford Chance | Trainee | antitrust | Beijing |
| Itır Çiftçi | CIFTCI Attorney Partnership | Partner | Not stated | Istanbul |
| Berk Kıspet | CIFTCI Attorney Partnership | Associate | Not stated | Istanbul |
Stated terms
- Stated value
- CNY 4.25bn (approximately RMB 4.255 billion)
- What the figure measures
- Total transaction value
- Client
- China Baowu Steel Group Corporation LimitedBuy-side
- Counterparties
- Xinyu Iron & Steel Group Co., Ltd. (Target)