Viva China’s Acquisition of Majority Stake in Bossini International

Sidley represented Mr. Law Ka Sing as vendor and Bossini International Holdings Limited.

Bossini International Holdings Limited (HKEX: 592) announced the sale of a majority stake in Bossini by Mr. Law to Viva China Holdings Limited (HKEX: 8032) and possible mandatory unconditional cash offers with respect to the securities of Bossini. Upon completion, Bossini will become an indirect non-wholly owned subsidiary of Viva China.

Bossini is a well-established apparel brand owner, retailer and franchiser in the region. Viva China Group currently holds approximately 13.42% of the issued share capital of Li Ning Company Limited (HKEX: 2331), which is one of the leading sports brand companies in China.

Viva China Holdings Limited is a China-based sports company. The company provides sports related services such as events production and management, and sports-related consultancy and sports community development.

The Hong Kong-based Sidley team was led by partners Constance Choy (Picture) and Christopher Cheng, with support from senior associate Selina Wong.

Involved fees earner: Christopher Cheng – Sidley Austin LLP; Constance Choy – Sidley Austin LLP; Selina Wong – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Bossini International Holdings Ltd;

Author: Michael Patrini