Peter X. Huang
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Peter X. Huang Partner, Beijing Mergers and Acquisitions; Capital Markets Peter Huang leads the firm’s Beijing office. He is actively involved in cross-border merger and acquisition transactions by Chinese companies around the world, and foreign investment transactions in China. He also has extensive experience in securities offerings by issuers based in China and in private equity transactions. Mr. Huang has been selected for inclusion in Chambers Global: The World’s Leading Lawyers for Business and Chambers Asia every year since 2007. In addition, Mr. Huang was named a 2020 Lawyer of the Year in the first edition of The Best Lawyers in China. Mr. Huang’s representations include: Mergers and Acquisitions - the special committee of independent and disinterested directors of HUYA Inc. in its US$10 billion proposed merger with DouYu International Holdings Limited; T: 86.10.6535.5599 - QST International Corp. in its acquisition of the micro-electromechanical systems busi- F: 86.10.6535.5577 ness from a U.S. semiconductor company; [email protected] - Lattice Semiconductor Corporation in its proposed, but terminated, US$1.3 billion going-private acquisition by Canyon Bridge Capital Partners; Education - a consortium led by China Resources Microelectronics Limited in its proposed, but J.D., Cornell Law School, 1997 rejected, US$2.6 billion acquisition of Fairchild Semiconductor International Inc. via a M.A., University of Maryland, 1992 tender offer; B.A., University of Maryland, 1990 - GoldStone Investment Co., Ltd. (China) as a member of a consortium, which included (magna cum laude) Hua Capital Management Co., Ltd. (China) and CITIC Capital Holdings Limited (Hong Kong), in its US$1.9 billion acquisition of OmniVision Technologies, Inc., a developer of advanced digital imaging solutions. Skadden also has represented the consortium in Bar Admissions New York connection with CFIUS matters; - RDA Microelectronics, Inc. in its US$910 million acquisition by Tsinghua Unigroup Ltd., Languages an industrial conglomerate; English - Nokia Corporation (Finland) in its US$16.6 billion combination with Alcatel-Lucent Mandarin (France); Publications - Western Digital Corporation in its data storage and solutions joint venture with Unis- “Coronavirus/COVID-19: Implications for plendour Corporation Limited; Commercial and Financial Contracts,” - BAIC Motor Electric Vehicle Co., Ltd. in its investment in Atieva, Inc., an electric vehicles Skadden, Arps, Slate, Meagher & Flom LLP, February 26, 2020 manufacturer based in Silicon Valley; “China Shuts Down ICO Market,” - China CEFC Company Limited in its US$100 million proposed, but terminated, acquisi- Skadden, Arps, Slate, Meagher & Flom tion of a 19.9% stake in Cowen Group, Inc.; LLP, September 7, 2017 - AdChina Ltd. and a group of existing shareholders in the acquisition of an 80% stake by “China M&A: Reform Plan Promotes Alibaba Group Holding Ltd.; Mixed Ownership of State-Owned - Hangzhou Liaison Interactive Information Technology Co. Ltd. in its acquisition of a Enterprises,” Skadden’s 2015 Insights - 56% stake in Newegg Inc.; Global M&A, January 2015 - AVIC Automobile Industry Co., Ltd., a subsidiary of the Aviation Industry Corporation of China, in a potential acquisition of a division of a U.S.-listed company (transaction not consummated); - Shandong Hongda Mining Co., Ltd. in its US$300 million acquisition of Jagex Ltd. (U.K.), a developer of online games; Skadden, Arps, Slate, Meagher & Flom LLP Peter X. Huang Continued - Anbang Insurance Group in its US$1.95 billion acquisition of - ChemChina and China National BlueStar (Group) Corporation New York’s Waldorf Astoria Hotel from Hilton Worldwide; in their acquisition of Drakkar Holdings S.A., a Belgian company with its major operation in France, from CVC Capital Partners; - Anbang Insurance Group Co., Ltd. in its US$6.5 billion acqui- sition of Strategic Hotels & Resorts, Inc. from The Blackstone - China Minmetals’ proposed US$4.5 billion acquisition of Group L.P.; and as lead member of an investor group in its Noranda Inc.; proposed, but terminated, US$14 billion acquisition of Starwood - Shanghai SECCO Petrochemical Ltd., a Sino-British joint Hotels & Resorts Worldwide Inc.; venture between BP, Sinopec and its subsidiary in its US$2.7 - AutoNavi Holdings Ltd. in the US$1.6 billion unsolicited acquisi- billion financing of an ethylene complex; tion by Alibaba Group Holding Ltd. of the remaining 72% stake in - a major U.S. financial institution in the establishment of a AutoNavi that it did not already own; Sino-foreign joint venture life insurance company; - Huapont-Nutrichem Co., Ltd. (China) in its US$220 million - Cendant Corporation in the acquisition of a major interest in a acquisition of a 20% stake in Albaugh, LLC; Chinese online travel company as well as the debt financing of a - China Petroleum & Chemical Corporation in its US$493 Chinese travel service company; million acquisition of Beijing Yanhua Petrochemical Company, - Colgate-Palmolive Company in its acquisition of a Chinese which was a 13e-3 going-private transaction under U.S. securities consumer products company; laws, and its US$1.1 billion acquisition of Sinopec National Star - Polaroid Corporation in the disposition of its Chinese operations Petroleum Company; by pursuant to its global restructuring plan; and - in its US$700 million merger Huaneng Power International, Inc. - GIC in various private equity and M&A matters. with Shandong Huaneng Power Development Co. Ltd. This was the first merger by two NYSE-listed Chinese companies; Going-Private Acquisitions - Beijing Hainachuan Automotive Parts Co., Ltd. in its US$373 - New Wave Holding Limited (British Virgin Islands), an entity million acquisition of Inalfa Roof Systems Group B.V.; owned by the management of Sina Corporation (China) and - JA Solar Holding Co., Ltd. in its US$180 million acquisition of led by Chairman and CEO Charles Chao, in its US$2.6 billion Silver Age Holdings Ltd.; going-private acquisition of Sina; - China National BlueStar (Group) Corporation in its US$2 billion - the buyer group comprising of Ms. Guilan Jiang, the founder and chair- acquisition of Elkem, a high-grade silicon manufacturer based in woman of the board of directors of Fuling Global, Inc.; her extended Norway. This transaction was named Deal of the Year by China family members; shareholders of Fuling Global; and Mr. Qijun Huang, Business Law Journal; an individual financial investor, in their going-private acquisition of Fuling Global Inc. following its merger with Fuling ParentCo Inc; - China Huaneng Group in its US$1.2 billion acquisition of a 50% interest in InterGen, an international power generation company - the buyer group including Mr. Wenbin Chen, the co-founder, headquartered in the Netherlands with generating assets in the chairman of the board of directors and chief executive officer Netherlands, the U.K., Mexico, Australia and the Philippines; of Yintech Investment Holdings Limited; Mr. Ming Yan, the - a large Chinese company in its proposed minority investment in co-founder and director of Yintech; and Ms. Ningfeng Chen, a Canadian mining company and establishment of a mining joint the co-founder and director of Yintech, in their US$540 million venture in Chile; going-private acquisition of Yintech following its merger with Yinke Holdings Ltd. and Yinke Merger Co. Ltd.; - China National Chemical Corporation and private equity firms The Blackstone Group L.P. and Fox Paine & Company, LLP in - 58.com Inc., China’s largest online classifieds marketplace, in their A$4 billion joint bid for NuFarm Ltd. of Australia; its US$ 8.7 billion going-private acquisition by a consortium of investors led by Quantum Bloom Group Ltd., and its subsidiary - China National BlueStar (Group) Corporation in its acquisition Quantum Bloom Company Ltd; of the silicone business from Rhodia S.A.; - China National Chemical Corporation in its acquisition of - the special committee of the board of directors of Bitauto Hold- Qenos Holdings Pty Ltd., an Australian company, from ExxonMo- ings Limited (China) in its US$1.1 billion going-private acquisi- bil and Orica; tion by an investor consortium led by Morespark Limited (British Virgin Islands), an affiliate of Tencent Holdings Limited (China), and Hammer Capital Opportunities Fund L.P. (China); 2 Skadden, Arps, Slate, Meagher & Flom LLP Peter X. Huang Continued - the special committee of the board of directors of Changyou.com - the special committee of independent directors of Sungy Mobile Ltd. Limited in the US$579 million going-private acquisition of (China), a provider of mobile Internet products and services, in its Changyou.com by Sohu.com Limited; and, previously, the proposed US$153 million going-private acquisition by Sunflower Parent Ltd.; going-private acquisition by Charles Zhang; - Vast Profit Holdings Ltd. in its US$262 million going-private - Mr. Leo Ou Chen, chairman and CEO of Jumei International acquisition of Jiayuan.com International Ltd.; Holding Limited (China), in the US$130 million going-private - the special committee of the board of directors of China Ming acquisition of the remaining stake in Jumei; Yang Wind Power Group Limited in its initially unsolicited, but - the special committee of the board of directors of Qihoo 360 subsequently agreed upon, US$408 million going-private acquisi- Technology Co. Ltd. in its US$9.3 billion going-private acquisi- tion of the remaining 67% stake they did not already own in China tion by a consortium including Mr. Zhou Hongyi, chairman and Ming Yang by a consortium of investors including Mr. Chuanwei chief executive officer of Qihoo, CITIC Capital Securities Co., Zhang, the chairman and chief executive officer of the company; Ltd., Golden Brick Capital, China Renaissance Holdings Limited, - the buyer group consisting of Mr. Baofang Jin, chairman and chief and Sequoia Capital China. This is the largest-ever going-private executive officer ofJA Solar Holdings Co., Ltd. (China), and deal for a Chinese company listed in the U.S. This transaction Jinglong Group Co., Ltd.