IFLR1000

Evergreen Health $930 million acquisition of 51% stake in National Electric Vehicle Sweden

15/1/2019
Private acquisition
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$ 930 million

Announced

15/1/2019

Overview:

  • Hong Kong-based investment group Evergrande Health has agreed to acquire a 51% stake in National Electric Vehicle Sweden (NEVS) for $930 million.

Prin Shasiharan - Researcher

Jurisdictions:

China
Hong Kong SAR
Sweden

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Automotive

Firm:
Baker McKenzie

Party: Evergrande Health Industry Group Ltd (Acquirer)

Lawyers: Anders Fast, Carl Svernlöv, Christina Lee, Costin Mihailescu, Lawrence Lee, Mats Rooth

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