Procedures for Acquisition of State-owned Equity by Foreign Investors

June 01, 2004 | BY

clpstaff

By David Liu and Roger [email protected]; [email protected] to PRC regulations, foreign investors may acquire PRC companies either by equity…

By David Liu and Roger Yao

[email protected]; [email protected]

According to PRC regulations, foreign investors may acquire PRC companies either by equity or asset acquisitions. The acquisition of state-owned equity stakes in companies has only recently been re-opened to foreign investors, and some uncertainties still exist in the procedures. Here we will look specifically at acquisitions of state-owned equity. Generally, such acquisitions by foreign investors are subject to the following procedures.

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