GREENLAND HEAVYLIFT HOLDINGS HONG KONG LIMITED / SHANGHAI ZHENHUA HEAVY INDUSTRIES CO LTD / GREENLAND HEAVYLIFT HOLDINGS LIMITED / Acquisition / Private

Synopsis

Acquisition by Shanghai Zhenhua Heavy Industries of a 50% stake in Greenland Heavylift, a China-based owner and operator of a semi-submersible heavy lift vessel for dry transportation of offshore drilling rigs and modules.

Principals

target

Greenland Heavylift Holdings Hong Kong

bidder

Shanghai Zhenhua Heavy Industries Co

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Market Context

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Bidder Team (1)

david blumental

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 2.42 B

Total Value

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