Conyers advises on privatisation of Pactera Technology from NASDAQ
Conyers Dill & Pearman has provided Cayman advice on the privitisation of Pactera Technology International, a Beijing-based technology outsourcing and consulting company, from the NASDAQ Stock Exchange.
The consortium settled at $7.30 (£4.37) per American Depositary Share (ADS) in cash to take Pactera private. Pactera was formed through a merger between HiSoft Technology International and VanceInfo Technologies in 2012.
Partner and co-chairman of the firm David Lamb and associate Angie Chu based in Conyers’ Hong Kong office advised on the matter, working alongside Shearman & Sterling and Ropes & Gray.
News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
This case concerned a monetary award made in an arbitration before the London Court of International Arbitration.
International co-operation in cross-border insolvencies: smoothing the path for foreign liquidators in Hong Kong
A decision of the High Court of the Hong Kong SAR should make the task of liquidators of BVI, Cayman and other foreign companies more straightforward in the region.