We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

Client Alert-MOFCOM Imposes Divestiture Obligation in Its Approval of Private Equity Transaction

07 November 2011

On 31 October 2011, China's Ministry of Commerce (MOFCOM) cleared the acquisition of Savio Macchine Tessili S.p.A. by Alpha Private Equity Fund V subject to certain conditions.  This is the eighth occasion on which MOFCOM has attached conditions to its decision approving a transaction under the Anti-Monopoly Law (AML), but it is the first conditional decision relating to a private equity investor.  The decision also sheds some light on how MOFCOM deals with minority interests under the merger control rules contained in the AML.

The team

Jun Wei

Jun Wei

Office Managing Partner

Loading data