AllBright Client Liantronics Wins Approval for Acquisition2014-05-153368
On April 10, 2014, AllBright’s client, Shenzhen Liantronics Co. Ltd., won approval for its acquisition and fund-raising applications from the China Securities Regulatory Commission.
Liantronics plans to purchase 100% of Time Share Advertising & Communication Co., Ltd. Liantronics is a leading company in LED display industry, while Time Share specializes in out-of-home advertising. Through this deal, Liantronics will largely expand its out-of-home advertising business and transfer its business model into a balanced combination of LED manufacturing displays and out-of-home advertising operations. The deal will create strategic synergy to enhance Liantronics’ business scale and profitability.
AllBright partner Jiang Peng and associates Helen Yang, Lily Liu, and Cai Guojian advised Liantronics on the acquisition deal.