The Chinese MOFCOM conditionally clears a joint venture involving a Chinese State-owned company in order to license coal-water slurry gasification technology (GE / Shenhua)

MOFCOM Imposed Conditions on SOEs - GE/Shenhua Deal* Only 10 days after its conditional clearance of the Alpha V/Savio deal [1], the Ministry of Commerce (MOFCOM) published, on 10 November 2011, the third conditional merger clearance of this year approving the proposed joint venture between General Electric (China) Ltd. (GE China) and China Shenhua Coal to Liquid and Chemical Co., Ltd. (CSCLC). This is the first conditional decision relating to a Chinese Stated-owned enterprise (SOE) and the number of MOFCOM's conditional clearance decisions is lifted to nine in total. According to MOFCOM's announcement, the review process lasted for about 7 months starting from April 13 when the notification was first submitted to MOFCOM. Parties and Transaction. The proposed transaction was

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  • King & Wood Mallesons (Beijing)

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Susan Ning, The Chinese MOFCOM conditionally clears a joint venture involving a Chinese State-owned company in order to license coal-water slurry gasification technology (GE / Shenhua), 10 November 2011, e-Competitions Bulletin Licensing agreements, Art. N° 40527

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