Clifford Chance (CC) has advised on two major Asia deals that have seen longstanding client Permira sell a HK$5.85bn (£475m) stake in a casino operator while acquiring a sushi chain for $1bn (£630m).
September 06, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has advised on two major Asia deals that have seen longstanding client Permira sell a HK$5.85bn (£475m) stake in a casino and hotel operator while acquiring a sushi chain for $1bn (£630m).
The European private equity group has sold a 7% stake in Macau casino resort operator Galaxy Entertainment after it sold a further 6.5% of its 20% stake in the Hong Kong investment holding company last September.
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