Lujiazui Co. and Posco Engineering & Construction Co., Ltd. entered into a Share Purchase Agreement on March 19, 2009, pursuant to which, Lujiazui Co. acquired all equity of Shanghai POSCO E&C Real Estate Development Co., Ltd. The price of the transaction is less than 1.76 billion Yuan (proximately 250 million USD), which has been the biggest transaction in merger and acquisition as well as real estate investment market of Shanghai since this year.
Judith Yang and John Liu of Richard Wang & Co. participated in the entire process of the negotiation, signing of the agreement and the procedure of share purchase afterwards. They played a crucial role in the negotiation and the conclusion of the agreement by positively seeking the balance of interest between both parties while effectively protecting the legitimate right and interest of our client. Their professional work has been highly recognized by all parties in the negotiation, fully demonstrating the strength of the Firm in the field of M&A and Real Estate.
