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Interlaw’s Singapore Firm Advises Axington Inc. on Mandatory Cash Offer
Interlaw’s partner firm in Singapore, CNPLaw, has advised Axington Inc. in relation to a mandatory unconditional cash offer made by DBS Bank Ltd. for and on behalf of DORR Global Healthcare International Pte. Ltd. (“Offeror”) for all the issued and paid-up ordinary shares in the capital of the company other than those already owned, controlled or agreed to be acquired by the offeror.
At the close of the offer, the total percentage of shares held by the offeror, together with valid acceptances of the offer, amounted to approximately 92.53% of the shares.
The team advising the company included partners Tan Min-Li and Bill Jamieson, and senior associates, Ge Xiaomeng and Jennifer Lo.