Cases & Deals

Huaxia Bank Co. forms strategic alliance with Deutsche Bank

Clients Huaxia Bank Co., Ltd.

Jones Day advised China's Huaxia Bank in its strategic alliance with Deutsche Bank AG, commencing with the sale of approximately 14% of the total outstanding share capital of Huaxia Bank by its 18 founding shareholders to Deutsche Bank, as the strategic investor, and Sal. Oppenheim, Europe's largest independent private bank, as the financial investor, for a total consideration of $328 million.

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