Cassia Investments Limited’s acquisition of Shanghai Tang Group Ltd.


Clifford Chance advised consumer sector focused private equity firm Cassia Investments Limited on its subscription of shares into Shanghai Tang Group Ltd., a special purpose vehicle ultimately controlled by Italian fashion entrepreneur Alessandro Bastagli; and the subsequent acquisition by Shanghai Tang Group Ltd. of Hong Kong luxury fashion house Shanghai Tang group from Richemont International Holdings S.A..

The Shanghai Tang group has key operations in Hong Kong, Singapore and mainland China.

Partner Neeraj Budhwani (picture) led on the deal and was supported by a core team of lawyers comprising of senior associate Maureen Ho, and associates Brian Cheng, Kasia Lebiecki and Jo-Celine Tan.

Involved fees earner: Neeraj Budhwani – Clifford Chance; Maureen Ho – Clifford Chance; Brian Cheng – Clifford Chance; Kasia Lebiecki – Clifford Chance; Jo-Celine Tan – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Cassia Investments Limited;