DeHeng Assisted a Large Central Enterprise in Completing a Multi-Billion Equity Exit Transaction and Receiving Full Investment Proceeds and Returns

2024-10-24

Recently, a large central enterprise completed an equity exit transaction with a local state-owned enterprise, receiving full investment proceeds and returns.

The transaction originated from an industrial park development project jointly invested in and developed by the central enterprise and the local SOE. Due to changes in objective circumstances, the project could no longer be implemented as originally agreed. The parties were unable to reach a consensus on subsequent equity arrangements and fund allocations. DeHeng Law Offices (Beijing) was mandated as the special legal advisor for this project, providing full-process legal services, including clarifying the exit pathway, designing transaction strategies, facilitating negotiations, finalizing the transaction plan, drafting transaction documents, and supervising the recovery of funds. Ultimately, DeHeng successfully assisted the client in exiting the project and receiving the full investment proceeds and returns.

The DeHeng team was led by partner Guo Xiao and lawyer Zhang Qi.