Appleby advises China Hydroelectric Corporation on merger

Appleby has advised China Hydroelectric Corporation, an owner and operator of small hydroelectric power projects in China, in its merger with CPT Wyndham Holdings and CPT Wyndham Holding Sub, which are affiliates of NewQuest Capital Partners and the funds managed by it.

CPT Wyndham Holdings will acquire China Hydroelectric Corporation for $1.17 (71p) per ordinary share or $3.51 per American depositary share, each representing three shares. The merger is currently expected to close during the first half of 2014.

The Appleby team, led by corporate partner Simon Raftopoulos and counsel Benjamin Woolf, served as Cayman Islands legal adviser to China Hydroelectric Corporation. The team also included associate Liesl Richter.

This content was originally sourced from the Appleby website.

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