By King & Wood Mallesons
31 July, 2015, with King & Wood Mallesons’ (KWM) legal support, Qingdao Hisense Electronic Equipment Co., Ltd. (Hisense) and its affiliated company in the USA signed a Share Purchase Agreement and a Trademark License Agreement with Sharp Corporation (Sharp) in relation to Sharp’s facility in Mexico. Under these two agreements, Hisense will acquire 100% of Sharp Electrónica México S.A. de C.V (Sharp Mexican Company), Sharp’s TV production facility in Mexico, with a consideration of US$23.7 million. The transaction will also give Hisense the rights to use the Sharp’s brand and its marketing channel resources in the Americas (except in Brazil).
Continue Reading King & Wood Mallesons advises Hisense on its acquisition of SHARP’s facility in Mexico