Slaughter and May is advising Goldman Sachs on the proposed privatisation of Li & Fung Limited

Slaughter and May is advising Goldman Sachs as financial adviser to Fung Holdings (1937) Limited, a shareholder of the offeror consortium, Golden Lincoln Holdings I Limited, on the proposed privatisation of Li & Fung Limited (Li & Fung), a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange. The privatisation will be implemented by way of a scheme of arrangement.

Li & Fung is listed on the Hong Kong Stock Exchange. The total amount of cash required to implement the privatisation proposal is approximately HK$7.2 billion.