BOWMANS ADVISES CHINESE RESORT DEVELOPER ZHONGHONG HOLDING ON USD 412 MILLION ACQUISITION OF ABERCROMBIE & KENT GROUP

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Bowmans advised Zhonghong Holding Co. Ltd, a Chinese resort developer and large-scale tourism industry project management company, in relation to its USD 412 million acquisition (through one or more affiliates) of a 90.5% stake in tour operator Abercrombie & Kent Group of Companies S.A. (by acquiring certain Abercrombie & Kent entities located in South Africa and Tanzania).

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