Nov 7, 2025
KWM advises Huaihe Energy’s RMB11.7bn asset restructuring
King & Wood Mallesons is assisting SSE-listed Huaihe Energy on a proposed acquisition of its subsidiary, Huaihe Energy Electric Power Group, for RMB11.69 billion (USD1.64 billion). Huaihe Energy plans to acquire an 89.3% stake in the subsidiary through a combination of a share issuance and cash payment. The SSE has approved the acquisition and on completion, Electric Power Group will become…