US firms Simpson Thacher & Bartlett and Skadden, Arps, Slate, Meagher & Flom and Chinese firm Jun He Law Offices are advising on China Ming Yang Wind Power Group’s $408m (£285.6m) privatization deal.
Under the agreement, the group will be acquired by a consortium of investors led by Chuanwei Zhang, the chairman of the company, in an all-cash transaction. China Ming Yang, which designs, sells and services wind turbines, will merge with a Chinese company owned by the consortium, which includes Regal Ally Limited, a Cayman Islands company.
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