27 January, 2016
Mayer Brown JSM represented Redwood Investment Company in its all-stock merger transaction with e-Shang Cayman Ltd. The two private equity-backed logistic developers announced the partnership on 22 January 2016. Following the tie-up, the new entity will be renamed e-Shang Redwood.
The merger represents one of the largest logistics real estate platforms in Asia with over 3.5 million square meters of projects owned and under development across China, Japan and South Korea. It also includes capital and funds management offices in Hong Kong and Singapore.
The Mayer Brown JSM team was led by Corporate & Securities partners Mark Uhrynuk and Jeremy Cunningham (both Hong Kong) and included: Corporate & Securities counsel Andrew Pannell (Singapore) and registered foreign lawyer Stephanie Mills (Hong Kong); Tax Transactions & Consulting partner Pieter De Ridder (Singapore); and Real Estate partner Andy Yeo (Shanghai).