Linklaters advises BBVA on sale of US$590m stake in China CITIC Bank

Linklaters is pleased to have advised long-term client BBVA on the sale of a US$590m stake in China CITIC Bank. Goldman Sachs was the sole placing agent for the sale.

Linklaters Hong Kong-based partner Gilbert Li, commented: “This is yet another example of Linklaters leading position in the market as we recently acted on PCCW’s US$1.1 billion block sale of 11% in HKT – the region’s biggest block trade in 2017."

Linklaters partner Gilbert Li led the transaction, supported by counsels Iris Leung and Iris Yeung and associate Soo Jeong Hwang.

For more information please contact Lianne Robinson on +44 20 7456 5779 or Mimi Yau on +852 2842 4807.