Wans successfully handled Another Acquisition of a Wholly Foreign Owned Company

Late of February, 2011, Wans Law Firm LLP successfully helped clients finish an Acquisition of a Wholly Foreign Owned Company. The company was registered in the year 1995 and invested by a foreigner with an investment about US$5 million in a favorable land treatment zone for foreign investment. Up to the date of acquisition, the company had a property of 15 Acres land and 40,000.00 square feet building. A domestic Chinese company paid about seveal ten millions Yuan to acquire the company and its property. The acquisition was approved by local foreign investment authority.