05 Oct 2016

Disposal of Shares in CITIC Envirotech Ltd. by Consortium Partner

Danny Lim and Caitlin Huang from the Capital Markets / Mergers & Acquisitions Practice Group have advised CITIC Environment (International) Company Limited, the principal consortium partner together with KKR China Water Investment Holdings Limited and key management personnel, which consortium controls CITIC Envirotech Ltd. (listed on the Main Board of the Singapore Exchange), in the disposal of S$390.08 million of shares in CITIC Envirotech by KKR to China Reform Puissance Overseas GP L.P..

CITIC Envirotech is a leading membrane-based water and wastewater treatment and recycling solutions provider, with its business focused in industrial water and wastewater segment, mainly in chemical, petrochemical and industrial parks.