Skadden Leads $98M Go-Private Deal for US-Listed Jinpan
New York partner Joe Walsh was mentioned in several January articles – The Deal Pipeline and Law360 – about U.S.-listed Chinese industrial electrical equipment maker Jinpan agreeing to a $98.5 million go-private offer from affiliates of Forebright Capital Management Ltd. Forebright has agreed to pay $6 in cash for each outstanding Jinpan share in a deal that still has to be approved by the company’s shareholders, but is expected to be completed in the first of this year.
Joe served as legal adviser to Jinpan in the deal.