MoFo News Item

Morrison & Foerster Represents China Hui Yuan in US$222.25 million Share and CB Placement

7/3/2006

Morrison & Foerster's China team represented China Hui Yuan Group, the leading juice and beverage manufacturer in China, in a series of convertible bonds and share placements that raised an approximate total of US$222.25 million.  Investors include, among others, Group Danone, Warburg Pincus and Holland Development Bank.  Danone, one of the largest dairy food producers in the world, acquired a 22.18% shareholding in China Hui Yuan. 

The deal team was led by partner Xiaohu Ma.

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