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Clifford Chance advises China Modern Dairy on its proposed takeover of China Shengmu

Global law firm Clifford Chance is advising one of China’s largest dairy companies China Modern Dairy Holdings Ltd. (CMD) on its proposed mandatory conditional cash offer for the issued shares of China Shengmu Organic Milk Limited (CSM) for approximately HK$2 billion (US$257 million).

Partners Angela Chan, Tommy Tam and Julie Fu led the team which includes senior associates Anson Wong and Kenneth Ip, associate Winky Su and trainee solicitor Jonathan Chan.

The firm has advised on several recent landmark takeovers, including Dongfeng Motor on the take-private merger and listing of VOYAH, HSBC’s privatisation of Hang Seng Bank and the privatisation of ENN Energy.

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