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Niping Wu

Partner, Corporate  

Shanghai

Overview

中文

Niping Wu focuses her practice on cross-border mergers and acquisitions with an emphasis on private equity and strategic investments in Chinese companies and businesses, regularly acting as counsel to international investors active in China. She also has extensive experience in cross-border debt financing transactions. Additionally, Niping advises Chinese companies on outbound investments, and has also worked on U.S. public offerings by China-based issuers.

Niping is recognized by Chambers Asia as a leading private equity lawyer and by Expert Guides as a leading practitioner in private equity. She has been practicing law in China for over a decade. Prior to joining Fenwick & West, Niping was a partner at other prominent U.S. law firms where she led transactional matters with an emphasis on serving international private equity firms investing in China.

Niping has advised numerous private equity funds such as PAG, TPG, Orchid Asia, MBK Partners, Mount Kellett, Hony Capital and American Securities; financial institutions such as Bank of America, Barclays and China Life; and corporation clients such as Shanghai Giant Network Technology, Gridsum Holding, Baozun, Zongyi Group, ArcelorMittal, Precision Castparts and Funtalk.

Notable transactions led by Niping include:

  • PAG in numerous investment and divestment projects, including its $1B investment project in Baosteel Gases; $300M investment in a consumer finance company; $2B consortium acquisition of Cushman & Wakefield, and the merger between the target and DTZ to create the second largest commercial real estate services provider in the world; over $100M investment in Tencent Music Entertainment and subsequent mergers and acquisitions; investment in a Chinese pharmaceutical company; sale of an auto leasing portfolio company to BMW; and many other closed and proposed transactions
  • PAG in numerous complex debt financing transactions, with principal amounts ranging from $70M to $1.2B
  • Gridsum Holding in its U.S. IPO and all post-IPO compliance, corporate and financing matters
  • Baozun in a $275M convertible bond offering with ADS lending arrangements
  • Shanghai Giant Network Technology in its $4.4 acquisition of Playtika from Caesars Interactive Entertainment, as well as in numerous other transactions and matters including Giant’s major reorganization and investment fund matters
  • TPG in the sale of its stake in Shenzhen Development Bank for over $2B in its over $200M investment in Guanghui Automobile Services; in its $800M investment in Taishin Financial Holding; in its $350M investment (aggregate with co-investors) in Lenovo; in its investment in BankThai Public Company Limited; and in its investment in Xinjiang Guanghui Liquefied Natural Gas Development
  • Bank of America in its $3B investment in China Construction Bank; in its financial leasing joint venture with China Construction Bank (the first Sino-foreign financial leasing company in China); and in the sale of its retail business in China
  • Orchid Asia in its $40M investment in a Chinese e-commerce company; in its acquisition of a China-based healthcare company; in its investment in a China-based IT company; and in its investment in United Power Equipment and the subsequent IPO exit
  • Mount Kellett in its $90M investment in a waste management business owned by Hangzhou Jinjiang Group
  • Precision Castparts Corp in its $350M investment in Yangzhou Chengde Steel Tube
  • Barclays in its investment in a Chinese trust company
  • Venturepharm Holdings in its acquisition of the China business of a U.S. Fortune 500 pharmaceutical company
  • Zongyi Group in its investment in a U.S. biopharmaceutical company
  • Funtalk in connection with share transfers among certain shareholders
  • Chaowei Power (a leading PRC lead-acid battery manufacturer) in connection with an investment by Hony Capital and the simultaneous redemption of previously issued preferred shares
  • Prince Frog International (a Chinese manufacturer of child care products) in connection with an investment by CCB International Asset Management Limited
  • Morgan Stanley, Credit Suisse and the other underwriters in the $217M U.S. IPO of Perfect World
  • ArcelorMittal (the world’s largest steel company) in its various investments and joint ventures in China
  • Advised China Life on U.S. securities law reporting and compliance matters
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