Lawyer Gao Peng assists large A-share companies in completing the acquisition of Indian target companies

2024 09/29

Recently, Gaopeng Law Firm assisted a large domestic A-share company in the electronic information industry to successfully complete the acquisition of an Indian target company in the same industry. After the acquisition, the Chinese shareholder successfully became the largest shareholder of the Indian company, with a transaction amount exceeding 10 million US dollars.


During this transaction, Lawyer Gao Peng provided clients with legal services covering the entire process of legal environment research, concentration assessment, due diligence investigation of the target company, agreement drafting, and delivery.


Due to geopolitical factors, India has continuously tightened its investment policy towards China in recent years. On April 17, 2020, it issued Notice No. 3 (PN3) on amending its foreign investment policy, which imposes restrictions on investments from countries bordering India. In this complex context, the successful approval and delivery of this transaction are truly hard won. This transaction is also almost the first Chinese acquisition project in India approved and completed after the Modi government's third re-election as Indian Prime Minister. The successful completion of this transaction fully demonstrates Lawyer Gao Peng's outstanding ability to handle complex cross-border M&A transactions. At the same time, this successful case also provides valuable experience and demonstration for similar cross-border transactions in the industry to cope with complex geopolitical and policy environment challenges.


The team led by Lawyer Jiang Liyong, Senior Partner of Gaopeng Law Firm, provided legal services in this project.