Baker McKenzie represented an international consortium led by Jinjiang International Holdings (Jinjiang) in connection with its public takeover offer of all shares in Radisson Hospitality, listed on Nasdaq Stockholm. The takeover offer was structured as a mandatory bid and the offer price of SEK 42.5 per share values Radisson Hospitality to approximately SEK 7.5 billion.

The outcome of the transaction was announced on 5 February 2019 and the consortium, via Aplite Holdings AB, now holds 94.12 percent of the shares in Radisson Hospitality.

Baker McKenzie’s team consisted mainly of Joakim Falkner, Ian Gulam and Per Blom from the Stockholm office as well as Howard Wu, Cherrie Shi and Richard Gao from the Shanghai office.

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