Hogan Lovells Advised DCC Plc On The Sale Of Stake In Its Hong Kong And Macau Liquid Gas Business
Hogan Lovells Advised DCC Plc On The Sale Of Stake In Its Hong Kong And Macau Liquid Gas Business
Global law firm Hogan Lovells has advised DCC plc on the sale of a majority stake in its Hong Kong and Macau liquid gas business to CITADEL Pacific Ltd. DCC plc, a leading FTSE 100-listed international group specializing in sales, marketing, and support services.
On completion of the transaction, DCC received a combination of cash consideration and a minority stake in the combined operations.
The cross-border Hogan Lovells team was led by London M&A Partners Sarah Shaw and John Connell supported by lawyers in our London and Hong Kong offices including Partners Andrew McGinty and Louise Leung (Hong Kong), counsels Jenny Yim (Hong Kong) and Tom Eyre-Brook (London), Senior Associate George Hanna (London) and Associates Wilson Pek (London), Vanessa Kwok (Hong Kong) and Jing Zhang (Hong Kong).
John Connell, Head of London M&A at Hogan Lovells, commented, "We are thrilled to be able to help the fantastic DCC team on this important transaction. It is a great example of Hogan Lovells at its best – advising on complex, cross-border transactions."
Mandy O’Sullivan, Head of Corporate Finance, DCC plc, said: "We are delighted to reach this milestone and grateful to the whole Hogan Lovells team for their hard work, dynamism and ingenuity to help us smoothly execute this transaction."
