Weerawong, Chinnavat & Peangpanor(WC&P) has advised Charoen Pokphand Foods PCL (CPF), Thailand’s leading agribusiness and food conglomerate, in respect of its acquisition of 74% of the shares of CP Pokphand Company Ltd (CPP), a company listed on the Hong Kong Stock Exchange. Funding of the transaction occurred in two stages for a total investment of approximately US$ 2.17 billion. WC&P also advised CPF on financing of the transaction with a US$740 million syndicated loan led by Bangkok Bank as arranger, which included Bangkok Bank, KrungThai Bank, CIMB Bank and ICBC (Thailand) as lenders. The acquisition aimed at consolidating the structure of CPF group and involved business entities across Asia, particularly in China and Vietnam. Partners Peangpanor Boonklum and Chatri Trakulmanenate led on acquisition work and Counsel Passawan Navanithkul on financing aspects of the transaction.