Cross-border M&A

Cross-border M&A activity in Hong Kong has been increasing in terms of volume, value and complexity in recent years. Some of the increase was attributable to offshore transactions involving China business operators and financial institutions. Because these transactions cover the laws of multiple jurisdictions, it is important to be cognizant of the various legal issues that may impact their execution. This course will identify the challenges and issues arising out of cross border M&A transactions and will analyze the legal and regulatory regime governing such transactions.

Detailed Information

Highlights of the course include:

  • Hong Kong as a platform for China outbound M&A
  • Types of M&A transactions
    • Strategic acquisition
    • Financial acquisition
    • Hostile takeover
    • Reverse takeover
    • Privatisation
  • Structuring an M&A transaction
    • Target of acquisition – asset v. share deals
    • Consideration for acquisition – cash v. share deals
    • Financing of acquisition – external v. internal sources
  • Special considerations for publicly traded targets
    • Takeovers Code
    • HKSE Listing Rules
    • Securities and Futures Ordinance
  • Execution
    • Transaction terms
    • Due diligence
    • Documentation
  • Case studies and recent developments

Registration Conditions

To view our registration conditions click here.