Appleby is pleased to have acted as Cayman legal counsel to Unisplendour International Technology Limited on Cayman legal issues. Merits & Tree Law Offices, Zhong Lun Law Firm, Han Kun Law Offices, Global Law Office and King & Wood Mallesons (KWM) assisted Unisplendour Corporation in acquiring a 30% stake in H3C for USD2.14 billion.
Unisplendour International Technology Limited, a wholly-owned subsidiary of Unisplendour Corporation, acquired 30% of H3C stakes from two Hewlett Packard Enterprise Company’s subsidiaries. Unisplendour Corporation, which already held 51% in H3C will hold an 81% stake after the transaction is completed.
The Appleby cross-jurisdictional team was led by Hong Kong partner Eason Huang and Angelina Wong as lead associate.
The Shenzhen-listed Unisplendour Corporation is a tech company, specialising in electronics and information technology. H3C is a high-tech company provides comprehensive digital solution that includes cloud computing, big data, artificial intelligence (AI), information security and intelligent connectivity.
