Date(s) - 08 Sep 2016
The Peninsula Beijing
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A 2012 report based on a survey of 213 overseas M&A projects revealed that 67 percent of Chinese overseas investments had ended in partial failure. What are the majority of Chinese companies getting wrong and how can key advisors help?
With the above in mind, on September 8th, the In-House Community in association O’Melveny & Myers and King & Wood Mallesons gathered key in-house legal and corporate decision makers from major Chinese entities at the Peninsula in Beijing to address the difficulties surrounding cross-border investments, and explore the differences in culture, media, legal systems, business ideas, tax regimes and technology gaps that need to be considered by those managing the process for corporate China when going outbound and doing deals in the USA, Europe, Australia and elsewhere around the world.
The forum opened with a panel discussion on ‘successfully overcoming cultural issues in outbound M&A and the role of the external advisor’, with Larry Sussman, managing partner, Beijing, O’Melveny & Myers; Wang Kaiding, partner, King & Wood
Mallesons; Yang Lei, executive director, HuaTai Securities; Fanny Feng, country manager, LEWIS Communications China; and moderated by Ke Geng, partner, O’Melveny & Myers.
Following an afternoon of vital sessions covering all the key areas including US and PRC regulatory issues, the event concluded with a networking cocktail reception.
Our sincere thanks to O’Melveny & Myers and King & Wood Mallesons for supporting this important gathering.