Jul 2023
Conyers provided Cayman legal advice to Yashili International Holdings Ltd (“Yashili International”) on the privatisation by way of a conditional scheme of arrangement subject to pre-conditions, including (amongst others) the unwinding and re-structuring of existing contractual relationships between China Mengniu Dairy Company Limited, Danone Group and Dumex Baby Food Co., Ltd., an indirect wholly-owned subsidiary of Yashili International.
Headquartered in Guangzhou and Hong Kong, Yashili International is a domestically professional infant formula producer which was established in 1983.
Partners Angie Chu and Paul Lim, Consultant David Lamb, Senior Associate Beverly Cheung of Conyers’ Hong Kong office and Partner Erik Bodden and Associate Tonicia Williams of Conyers’ Cayman office advised on the matter, working alongside Zhonglun Law Firm LLP.