MoFo News Item

MoFo Advises Nan Hai on $480M Acquisition of Major Chinese Cinema Business

26 Jan 2017

Morrison & Foerster LLP represented investment company Nan Hai Corporation Limited (Hong Kong Stock Exchange: 00680.HK) in its acquisition of Chinese cinema company City Entertainment through its wholly-owned subsidiary Dadi Cinema Group, China’s second-largest cinema investment and management firm. Nan Hai purchased City Entertainment from Orange Sky Golden Harvest for RMB3.39 billion (approximately $480 million). For more information see the company’s press release.

The MoFo team representing Nan Hai is led by corporate and capital markets partner Ven Tan and includes corporate and capital markets associates Ray Liu, Tracy Li and Doris Chan, and trainee solicitor Victoria Yip, all of whom are located in Hong Kong.

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