Global law firm Clifford Chance has advised COSMOPlat Energy Technology Co. Ltd. (COSMOPlat Energy), a subsidiary of Haier Group Corporation, on the global antitrust filings for its acquisition of controlling interest in Shanghai Discovery Energy Service Co., Ltd. (Shanghai Discovery).
Lead partner Yong Bai said, “We are honored to support Haier in its important transactions across various sectors, contributing to its efforts in driving technological innovation and achieving sustainability goals.”
Yong was supported by counsel Dayu Man in Hong Kong, associate Ziwen Wang and trainee solicitor Jingyi Cao in Beijing. The transaction also involves local counsel from other jurisdictions.
Founded in 1984, Haier is a global provider of better life and digital transformation solutions.
Shanghai Discovery is a comprehensive energy and carbon management service provider in China. It integrates artificial intelligence and low-carbon technologies in its services and offers comprehensive one-stop solutions throughout the entire lifecycle for the pan-semiconductor industry and major energy-consuming clients.
The firm’s antitrust team regularly advises on major M&A transactions, including recently advising FountainVest on acquisition of major stake in EuroGroup Laminations and Haier Group on its strategic acquisition of Autohome shares.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
