Linklaters advised Royal Golden Eagle (RGE) on the pre-conditional voluntary conditional cash offer by Isola Castle Ltd, a member of the RGE-managed group of companies, for all the issued shares in Vinda International Holdings Limited (Vinda) at HK$23.50 per share (other than those held by the offeror and its concert parties).

The transaction values Vinda at HK$28.3bn (approximately US$3.62bn). Completion of the transaction is subject to regulatory approvals and other customary conditions.

RGE manages a group of resource-based manufacturing companies with global operations, with over US$35bn assets held by RGE companies. Listed on the Hong Kong Stock Exchange, Vinda is a major hygiene company engaged in the manufacturing and sale of tissue and personal care products in Asia.

The Linklaters team was led by corporate partner Roger Cheng, who commented: “We are pleased to have had the opportunity to advise RGE on this milestone transaction. Linklaters has extensive experience advising our clients on their significant and complex corporate transactions in all sectors, and our team looks forward to continuing to support RGE on future opportunities.”