Davis Polk is advising Li & Fung Limited on its HK$7.22 billion ($926 million) proposed privatization by Golden Lincoln Holdings I Limited as the offeror by way of a scheme of arrangement. The scheme is subject to, among other things, Bermuda court sanction and independent shareholders’ approval of Li & Fung.

Li & Fung, whose shares are listed on the Hong Kong Stock Exchange, is recognized as the world’s leader in consumer goods design, development, sourcing and logistics. Golden Lincoln Holdings I Limited is a special purpose vehicle established by the Founder Group of Li & Fung and GLP Pte. Ltd. The Founder Group primarily comprises of Dr. William Fung Kwok Lun, the Group Chairman and an executive director of Li & Fung, and Dr. Victor Fung Kwok King, the Honorary Chairman and a non-executive Director of Li & Fung. GLP is a leading global operator and investor in logistics, real estate, infrastructure, finance and related technologies.

The Davis Polk team includes partners Yang Chu and Martin Rogers and associates Kai Sun and Tracy Wu. All members of the Davis Polk team are based in the Hong Kong office.

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