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Tian Yuan Advised the Acquisition of IBM’s PC Business by Lenovo Group

2005-05-01

On May 1, 2005, Lenovo Group successfully completed the acquisition of IBM’s PC business. As the PRC legal counsel of Lenovo Group, Tian Yuan provided legal opinion and services for the PRC legal issues involved in such acquisition, especially on arrangements and guarantee of domestic financing, government approval that may involve, establishment of institutions and personnel transfer during the assets transfer. Tian Yuan coordinated its work with Lenovo Group and foreign lawyers from various jurisdictions. Tian Yuan's interaction and coordination capability in providing cross-border legal services was fully exhibited during the course of solving legal problems arising out of this acquisition.
Tian Yuan team was headed by Liu Yan.


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