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Harneys advises DXC Technology on US$2 billion acquisition of Luxoft Holding Inc.
Corporate

Harneys advises DXC Technology on US$2 billion acquisition of Luxoft Holding Inc.

Harneys are delighted to have advised DXC Technology (NYSE: DXC) on its successful acquisition of Luxoft Holding, Inc (NYSE: LXFT), the global digital strategy and software engineering firm by way of statutory merger under the BVI Business Companies Act. At US$2 billion, this represents the largest ever (by value) take private of a British Virgin Islands publicly listed company.
New 2019 partner hire for Harneys Hong Kong expanding Funds Practice
Investment Funds

New 2019 partner hire for Harneys Hong Kong expanding Funds Practice

Harneys is pleased to announce that Yin Xu joined as a transactional partner in our Hong Kong office. Yin joins the team from another offshore firm, where he was Partner in the Corporate team since 2016.
Harneys Cyprus advises on restructuring of China Merchants Port Group
Corporate

Harneys Cyprus advises on restructuring of China Merchants Port Group

Harneys has advised China Merchants Port Group Co., Ltd. (formerly Shenzhen Chiwan Wharf Holdings Limited), a PRC-listed, China based port services company (CMPG) in connection with its acquisition of Thesar Maritime Limited and its internal restructuring. Following the restructuring, CMPG became a controlling shareholder of China Merchants Port Holdings Company Limited, a Hong Kong-listed company whose ultimate holding company is China Merchants Group Limited.
Harneys Cyprus advises Morgan Stanley on US$58 million acquisition
Corporate

Harneys Cyprus advises Morgan Stanley on US$58 million acquisition

Harneys has advised Morgan Stanley Private Equity Asia, as to matters of Cypriot law, in its investment in obtaining the majority ownership of the leading Greek natural cosmetics producer Korres. Morgan Stanley and Chinese company Profex acquired a majority share in Korres for €48.3 million (US$58 million). The transaction was made through Cyprus-based Nissos Holdings, a company founded by Korres.
Harneys Cyprus retains top Legal 500 rankings
Banking and Finance

Harneys Cyprus retains top Legal 500 rankings

Harneys Cyprus has maintained its tier 1 rankings from Legal 500 for its Banking and Finance and Commercial, Corporate and M&A practices; and tier 2 for its Tax practice.