Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
4 March 2016
Deals | China & Africa | M&A / Corporate
Gide has advised the Agricultural Bank of China (ABC), one of China’s Big Four banks, on the establishment of the Sino-Congolese Bank for Africa (BSCA), a new universal commercial bank in the Republic of Congo, along with the Congolese government and other public and private partners.
This landmark transaction is ABC’s first overseas joint venture bank project and creates the first Sino-African green-field bank, which aims to expand its business to members of the Economic Community of Central African States and other African countries. BSCA represents an initial investment of USD 100 million, with ABC holding a 50% stake, and was created at the prompting of the Chinese and Congolese heads of state.
Gide advised on all the legal aspects of the project, including banking, corporate, tax, foreign exchange and labour matters, as well as on structuring of the transaction from Chinese and overseas legal and tax perspectives. Gide also participated in the negotiations and drafted all contractual documentation.
The Gide team was led by partner Thomas Urlacher, with the assistance of associate Chen Xi.
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基德协助中国农业银行在刚果共和国成立银行
基德协助中国四大银行之一的中国农业银行与刚果政府及其他国有和私人合作伙伴在刚果共和国成立了一家全能商业银行——中刚合作银行。
这一里程碑式的交易是农行的首个海外合资银行项目，催生了中国与非洲间的第一家合资银行，计划向中部非洲国家经济共同体成员国和非洲其他国家拓展业务。在中国和刚果两国领导人共同推动下成立的中刚合作银行，初期投资为1亿美元，农行持股50%。
基德为项目的所有法律方面提供咨询，包括银行、公司、税务、外汇和劳动事项，并协助从中国和海外法律及税收角度出发设计交易结构。同时，基德还参与了各项谈判并起草了所有合同文件。
合伙人Thomas Urlacher在陈曦律师的协助下带领基德团队完成该项目。
