Skadden, Arps, Slate, Meagher & Flom and King & Wood Mallesons are acting on Chinese automaker BYD’s $2.2 billion acquisition of U.S.-based manufacturing solutions provider Jabil Inc’s mobile electronics manufacturing business in China.
Singapore-incorporated private company Jabil Circuit, which manufactures printed circuit boards, is a subsidiary of NYSE-listed Jabil. According to a filing with the Hong Kong Stock Exchange, Jabil Circuit has agreed to sell Juno Newco Target Holdco Singapore Pte. Ltd, which was established in August this year, to BYD’s Hong Kong-listed electronics unit BYD Electronics.
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