Thomsons advise Staging Connections on the divestment of its Dubai business

16 January 2014

News

Thomsons have acted on a transaction in which the client sold its Hong Kong operating entity and Dubai subsidiary.

The transaction involved a divestment by the client of its shares in the Hong Kong entity to the existing management of the Dubai business. The sale price was AED30,000,000 (approximately A$9m).