Zhong Lun Advises on Shanghai Electric’s Merger with Shanghai Power
Zhong Lun Advises on Shanghai Electric’s Merger with Shanghai Power
Zhong Lun recently advised Shanghai Power Transmission and Distribution Co., Ltd. (Shanghai Power, 600627.SH) on its merger with Shanghai Electric Group Co., Ltd.(Shanghai Electric, 601727.SH,02727.HK)Following the completion of this merger, all outstanding Shanghai Power’s A-shares have been converted into Shanghai Electric’s newly issued A-shares. Shanghai Electric’s A-shares got listed on Shanghai Stock Exchange on December 5, 2008.
Zhong Lun, led by our partner Mr. Gu Feng and joined by associates Liu Junzhe and Huang Zhiguo, advised on this RMB2.9 billion merger.