Leading international law firm Clifford Chance has advised CVC on multijurisdictional merger filings for its US$1.5 billion joint venture with Shiseido, on the transfer of part of Shiseido’s personal care business to a new company which is 65% held by funds advised by CVC and 35% by Shiseido. Shiseido is a global beauty brand that operates in more than 100 countries and regions.
Partner Yong Bai led the international team and was supported by senior associate Zibo Liu and associate Nan Lan in Beijing, partner Richard Blewett and associate Carmen Puscas in Brussels, counsel Masafumi Shikakura in Tokyo, and partner Itir Ciftci and associate Asli Kural from Clifford Chance’s associate firm CIFTCI Attorney Partnership in Istanbul. Clifford Chance acted as international counsel and DaHui Lawyers acted as PRC counsel for filing in China.
Yong Bai said, “Our Beijing team was delighted to coordinate global merger filings for CVC on the CVC funds’ investment in one of Japan’s most famous brands.”
Clifford Chance’s Greater China antitrust team has advised CVC on merger filings on a number of recent high profile transactions, including the privatisation of Hong Kong listed fashion retailer I.T Limited, as well as Partners Group on multijurisdictional merger filings for its acquisition of equity interest in Ecom Express.
