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Conyers Dill & Pearman provided Cayman advice on the privatisation of Pactera Technology International Ltd, a Beijing-based technology outsourcing and consulting company, from NASDAQ Stock Exchange. The consortium settled at $7.30 per American Depositary Share (ADS) in cash to take Pactera private. Pactera was formed through a merger between HiSoft Technology International Ltd and VanceInfo Technologies Inc in 2012.
Partner and Co-Chairman of the firm David Lamb and Associate Angie Chu based in Conyers’ Hong Kong office advised on the matter, working alongside Shearman & Sterling LLP and Ropes & Gray LLP.