R&T Asia (Thailand) is assisting KPX Chemical Co., Ltd. (“KPX”), a Korean company, to acquire the entire shares in the subsidiary of Huntsman, a US company.
The firm assisted KPX with the conduct of legal due diligence on the target company, review and revision of the sale and purchase agreement, closing, and change of the name and structure of the target company after closing. The major assets are in Thailand including one factory in Samutprakarn Province.
The transaction involved Thailand, Malaysia, and Indonesia, while the share acquisition is for Thailand only.
The deal was led by Partner Nattarat Boonyatap and supported by Partner Mita Kartohadiprodjo (Indonesia) and Senior Associate Crystal Cheong (Malaysia).
