Finance Monthly Deal Maker Awards 2017 Edition

www.finance-monthly.com 37 FINANCE MONTHLY DEAL MAKER AWARDS 2017 MERGERS & ACQUISITIONS TRANSACTION REPORT Closed on July 31, 2017, CITIC Group Corporation, CITIC Capital Holdings Limited and The Carlyle Group purchased McDonald’s Corporation’s business in China Mainland and Hong Kong, through an oversea SPV, for a total consideration of USD 2.08 billion (HKD 16.14 billion). As the PRC legal counsel for the Consortium, the Zhong Lun team led by the Shiwei Zhang, including Xuejing Zhu, Yulin Liu, Shuo Li and Ting Zhang as key team members, provided a whole package of PRC legal services on legal due diligence investigation, reorganization (including but not limited to equity, debts and franchise reorganization of the PRC Target Group), approval/filing procedures, transaction documentations, etc. Consumer demand will become a vital driving force for economic growth in the future of China. At the end of 2016, McDonald’s has over 2,400 restaurants all over the mainland of China, and those restaurants have provided services for more than 1 billion customers. This transaction not only offers a chance for CITIC and Carlyle to expand their investments in the consumer and retail sector, which is poised to be the main driver of China’s economy for decades to come, but also another move of practicing the balanced development of finance and industry. In addition, the transaction created the largest McDonald’s franchisee outside of the United States which will help McDonald’s regain its competitiveness in the fast-food industry in China. CONTACT Zhong Lun Law Firm 36F, SK Tower, 6A Jianguomenwai Avenue, Chaoyang District, Beijing 100022, P.R.China. Email: zhangshiwei@zhonglun.com Tel: +86 139 0109 8237 www.zhonglun.com SHIWEI ZHANG Partner at Zhong Lun Law Firm FIRM PROFILE Founded in 1993, Zhong Lun Law Firm was one of the first private law partnerships to receive approval from the Ministry of Justice. After years of rapid development and steady growth, today Zhong Lun is one of the largest full service law firms in China. With over 260 partners and over 1200 professionals working in fifteen offices in Beijing, Shanghai, Shenzhen, Guangzhou, Wuhan, Chengdu, Chongqing, Qingdao, Hangzhou, Tokyo, Hong Kong, London, New York, Los Angeles and San Francisco, Zhong Lun is capable of providing clients with high- quality legal services in more than 70 countries across a wide range of industries and sectors through our specialized expertise and close teamwork. Zhong Lun’s outstanding work has achieved broad recognition and its practice groups and lawyers are frequently cited and recommended in their respective markets by distinguished legal media groups such as Chambers & Partners, IFLR, The Legal 500, The Lawyer, Asian Legal Business, China Law & Practice and others. ABOUT SHIWEI ZHANG Par tner at Zhong Lun Law Firm Shiwei Zhang is a Partner of Zhong Lun Law Firm and his principal areas of focus are capital market and M&A. Since he began his legal career in private practice from 1999, he has advised the primary international investment banks/funds and quite a number of PRC- related private and state-owned enterprises in hundreds of deals of capital market and M&A, in the full spectrum of emerging and traditional sectors, from internet, TMT to real estate, infrastructure, medicine, energy, natural resources, banking, finance, manufacture, commerce and consumption etc. In these deals, his responsibilities cover structuring, opining, due diligence, negotiation, documentation, compliance and approval application. Such abundant experiences, combined with reliable professional skills, allow Shiwei Zhang to successfully accommodate the clients’ commercial needs with Chinese laws and regulatory framework. As such, the amounts of onshore and offshore capital market and M&A deals he has counseled have totaled over 100 billion US$. By virtue of his outstanding expertise, Shiwei Zhang is member of Committee of Finance and Securities of All China Lawyers’ Association and was an article editor of Law Review of China University of Political Science and Law and also a member of task force on amending PRC Company Law, PRC Securities Law, PRC Enterprise Bankruptcy Law and other regulations. He is a frequent speaker on various topics ranging from private equity investment, onshore and offshore IPOs to cross-border M&A, for China Securities Regulatory Commission, China Investment Corporation, LexisNexis, Hong Kong Bar Association and other prestigious organizations. Shiwei Zhang has also published dozens of papers in top professional journals, inter alia, China Law & Practice, Hong Kong Lawyer, Chinese Lawyer, Journal of China Venture Capital, China M&A Yearbook and the China Dealmaker. His leading works include China New Company Law (series), Off-shore Company Law, On the Failure in the Suit, Model Legal Documentations for Venture Capital (Chinese Translation), etc. Awarded for his involvement in the following transactions: CITIC Limited, CITIC Capital and Car lyle Group’s $2.08 Billion Acquisition of McDonald’s Business in China