The cross border transactions practice of DeHeng Law Offices in Beijing acted as lead counsel in representing Wangsu Science & Technology in the acquisition of Russia-based CDN company LLC “CDNvideo”. The Share Purchase Agreement was entered into on February 16th, 2017.
The DeHeng team was led by Wei (David) Chen, Managing Partner and Head of Cross-border Transactions. The project team’s lead associate was Wan Shiyao with contribution by She Wei. Both associates are members of the cross-border transactions practice. DeHeng worked in association with Liniya Prava, which advised on Russian aspects of the Transaction.
Wangsu is listed on the Shenzhen Stock Exchange and is a leading provider of CDN services in China. CDNvideo is a leading provider of this industry in Russian market.