Australia: CBP Lawyers act for the vendor of Hong Kong's BEE CRAZY flash sales business.
Feb 26, 2014
Client:
Vendor of Hong Kong's BEE CRAZY flash sales business.
Transaction:
Australian law aspects of the complex sale of the leading Hong Kong BEE CRAZY flash sales business. This is part of a roll up of similiar businesses in Malaysia and Singapore for an initial public offering on the Australian Stock Exchange (iBuy Group Limited, ASX Issuer Code: IBY). Deal completed December 2013.
Value:
Confidential but substantial.
Lawyers:
Colin Biggers & Paisley (Alex Rhydderch) acted for the vendor; Herbert Smith Freehills acted for the promoters.