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.