Eversheds advises Eagle Ride on a HKD270m public takeover bid

The Hong Kong office of Eversheds has advised Eagle Ride Investments, a subsidiary of APAC Investment Holdings, on the HKD270m (£22m) public takeover bid for shares of Radford Capital Investment, which is listed on the main board of the Hong Kong Stock Exchange.

Eagle Ride is a special-purpose vehicle wholly owned by APAC, whose principal business is investment holding, focusing on the energy sector and high-growth private investments.

Eagle Ride launched the takeover bid as offeror by making conditional voluntary cash offers to acquire all shares and to cancel all warrants in Radford. As part of the deal, Eagle Ride is also acquiring another approximately 21 per cent of the issued shares of Radford from some of its existing shareholders.

The Eversheds team was led by head of corporate in Asia Stephen Mok, assisted principally by Grace Leung, Sandy Yeung and Anna Kwong. The takeover financing was advised by a team led by partner Kingsley Ong.

  • Print

Briefings from Eversheds

  • Market abuse regime

    The current EU market abuse regime is in line for an overhaul. It is anticipated that the implementation of the new proposals may not come into force until 2016.

  • Unfair relationships — what does the future hold?

    The ‘unfair relationship’ concept in respect of credit agreements was introduced into the Consumer Credit Act 1974 on 6 April 2007.

View more briefings from Eversheds

Analysis from The Lawyer

View more analysis from The Lawyer


1 Wood Street

Turnover (£m): 376.00
No. of Lawyers: 1,264
No. of Lawyers (Asia Pacific): 68
Offices (Asia Pacific): 3


View all jobs from this firm