MoFo snaps £60m Chinese photo deal

Morrison & Foerster (MoFo) has advised on the largest ever foreign purchase of shares owned by the Chinese Government in a groundbreaking instruction for the San Francisco firm.

The deal saw MoFo client Eastman Kodak buy a 20% stake in China Lucky Film, the largest domestic photographic film maker in the country, for $100m (£60.1m) as part of a strategic alliance between the two companies.

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