Latham & Watkins and a strong in-house team at Fosun International overcame complex and challenging issues in Fosun’s two significant investments in developed markets, said a lead partner in the deal.
Latham advised Fosun, a Chinese conglomerate with operations around the world, on its entry into the German retail market by investing in TOM TAILOR Holding, a leading German fashion and lifestyle company. “The deal deployed an innovative and sophisticated mechanism in the structuring, with a host of complex tax and commercial driven restrictions,” Karen Yan, a Shanghai-based partner at Latham & Watkins, told China Business Law Journal.
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