Clifford Chance and Freshfields Bruckhaus Deringer are advising on Singapore investor Temasek's purchase of a 24.9% stake in Hong Kong retailer A.S. Watson for $5.7bn.
March 24, 2014 at 12:30 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance and Freshfields Bruckhaus Deringer are advising on Singapore investor Temasek’s purchase of a 24.9% stake in Hong Kong retailer A.S. Watson for $5.7bn (£3.5bn).
The government-owned company, which has a portfolio of assets worth $168bn (£102bn) located across Asia, North America, Europe, Australia and New Zealand, said it wanted to boost its exposure to the consumer retail sector with a balanced focus on Asia and Europe.
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