Grace Tso is a partner in Baker McKenzie’s Hong Kong office. She has completed an attorney transfer program in the Chicago office.
Grace’s practice focuses on cross-border mergers and acquisitions for foreign investors and foreign direct investment into China and Hong Kong. She also advises multinational companies on the planning and implementation of multi-country corporate restructuring projects.
Representative Legal Matters
Reorganization / Carve-out
Advised Advent International on the carve-out of Laird Thermal Systems business from the other business Laird Performance Materials business in China.
Advised Abbott Laboratories in the spin-off of its research-based pharmaceutical business and the formation of a new publicly-traded biopharmaceutical company, AbbVie Inc.
Advised Baxter International on its USD 21 billion spinoff of its biopharmaceutical division (now Baxalta) in China and Hong Kong.
Acted for Emerson Electric Co. in the China and Hong Kong portions of the USD 4 billion sale of its Network Power business to Platinum Equity and the pre-spin off restructuring.
Acted for Emerson Electric Co. in the China and Hong Kong portions of the USD 1.2 billion sale of its Leroy-Somer and Control Techniques business units to Nidec Corporation and the pre-spin off restructuring.
Acted for Johnson Controls in carve-out of automotive seating business (now Adient).
Advised Unilever Prestige on its e-commerce related joint venture with Hangzhou Golong Holding Co., Ltd. for the distribution of certain Prestige brands products in Mainland China, Hong Kong and Macau.
Advised Mizuho Financial Group on the acquisition of an aircraft leasing business from Ping An International Financial Leasing and to enter into a joint venture with Ping An to form the newly-named leasing company Clover Aviation Capital.
Advised Mitsui-Soko Holdings Co., Ltd. on the acquisition of freight-forwarding business from Prime Cargo in China.
Advised METRO AG on the establishment of a strategic partnership with Wumei Technology Group (Wumei), a leading retailer in China involving the sale of its entire stake in METRO China for EUR 1.9 billion to an investment vehicle of Wumei against cash and a 20% stake in the resulting joint venture.
Acted for AkzoNobel in its buy-out of its decorative paint business in Hong Kong and China from Swire Industrial Limited.
Advised Tencent on its joint venture with other key investors such as ICBC, HKEx and Hillhouse.
Professional Associations and Memberships
- Law Society of Hong Kong
- England & Wales~United Kingdom
- Hong Kong
- The University of Hong Kong (P.C.LL.)
- Hong Kong University of Science and Technology (Master of Science)
- Chinese University of Hong Kong (B.S. Computer Science, Honors)
- Manchester Metropolitan University (C.P.E.)