Recently, JC Master is retained by a state-owned corporation in Jiangsu to provide special legal consult for its acquisition of a private steel-structuring company. In this acquisition, the private company voluntarily surrenders its controlling stake to the state-owned company in the anticipation of using the brand effect, resource and channel advantage of the state-owned corporation to increase market competition advantage of the target company. This is a classic case of state-owned and private companies achieving win-win results from co-operation. |
