上海2014年3月17日電 /美通社/ -- 巨人網(wǎng)絡(luò)集團(tuán)有限公司（紐交所交易代碼：GA）（以下稱“巨人”或“公司”），是一家中國(guó)領(lǐng)先的網(wǎng)絡(luò)游戲開(kāi)發(fā)商和運(yùn)營(yíng)商。今天宣布已就私有化與Giant Investment Limited（以下稱“母公司”）及其全資子公司Giant Merger Limited（以下稱“合并子公司”）簽訂了最終合并協(xié)議和計(jì)劃（以下稱“合并協(xié)議”）。
根據(jù)合并協(xié)議，母公司將以每股/ADS12.00美元的價(jià)格現(xiàn)金收購(gòu)巨人的股票，收購(gòu)對(duì)價(jià)總額約三十億美元。該價(jià)格較2013年11月22日紐交所收盤(pán)價(jià)10.13美元溢價(jià)18.5%；較2013年11月22日前30天和60天成交量加權(quán)平均價(jià)分別溢價(jià)31.6%和33.6%。2013年11月22日是2013年11月25日前的最后一個(gè)交易日。公司在2013年11月25日宣布收到來(lái)自公司董事會(huì)主席史玉柱先生及其關(guān)聯(lián)公司和霸菱亞洲投資（Baring Private Equity Asia）的一個(gè)附屬公司（以下將霸菱亞洲投資及其管理的基金統(tǒng)稱為“霸菱”）提出的非約束性私有化要約。
合并協(xié)議中的收購(gòu)價(jià)格較2013年11月25日宣布的私有化要約中11.75美元的收購(gòu)價(jià)格溢價(jià)2.1%。
一旦交易完成，母公司將由史玉柱先生、霸菱和弘毅資本(Hony Capital Fund V, L.P.)(以下將弘毅資本及其管理的基金統(tǒng)稱為“弘毅”)組成的買(mǎi)方財(cái)團(tuán)受益所有。截至合并協(xié)議簽署前，買(mǎi)方財(cái)團(tuán)成員共計(jì)持有巨人49.3%的股票。
根據(jù)合并協(xié)議的條款和條件，合并生效時(shí)合并子公司將并入巨人，巨人作為存續(xù)企業(yè)繼續(xù)經(jīng)營(yíng)，并由母公司全資控股。除以下三種情況外，合并生效前所有已發(fā)行和流通的股份將被注銷，并收到每股/ADS12.00美元現(xiàn)金（不計(jì)息及預(yù)提所得稅）的對(duì)價(jià)：(i) 史玉柱先生旗下Union Sky Holding Group Limited（以下稱“Union Sky”）擁有的不超過(guò)59,890,972股的股票，霸菱旗下Baring Private Equity Asia Holding (12) Limited（以下稱：“霸菱SPV”）擁有的11,800,000股的股票（Union Sky和霸菱SPV合稱“轉(zhuǎn)結(jié)股東”），以及在合并生效前母公司、巨人、或他們的子公司所擁有的股票， 上述股票將會(huì)被直接注銷，并得不到任何對(duì)價(jià)款；(ii)根據(jù)開(kāi)曼群島公司法第238條有效行使且未失去其評(píng)估權(quán)的普通股持有人所持有的普通股將在合并生效時(shí)被注銷，獲得按照開(kāi)曼群島公司法第238條所規(guī)定的相應(yīng)對(duì)價(jià)；(iii)合并生效前Union Sky所擁有的37,500,000股將會(huì)被注銷，以換取Union Sky獲得巨人向其開(kāi)具的總計(jì)450,000,000美元的期票，期票總值相當(dāng)于每股12美元的價(jià)格所對(duì)應(yīng)的37,500,000股股票，年息2%。合并交易完成后，史玉柱先生將保留合并前所持股票的約一半股票，剩余股票出售，獲得現(xiàn)金和期票，每股單價(jià)等同于合并中支付給非關(guān)聯(lián)股東的價(jià)格。
買(mǎi)方財(cái)團(tuán)計(jì)劃以(i)霸菱和弘毅提供的現(xiàn)金，(ii)來(lái)自中國(guó)民生銀行（香港分行）、法國(guó)巴黎銀行（香港分行）、瑞信銀行（新加坡分行）、德意志銀行（新加坡分行）、高盛銀行（Goldman Sachs (Asia) L.L.C.及Goldman Sachs Lending Partners LLC）、工銀國(guó)際和摩根大通銀行合計(jì)8.5億美元的貸款融資（貸款協(xié)議于2014年3月17日生效），以及(iii)巨人以及其子公司所持現(xiàn)金來(lái)提供交易所需資金。
根據(jù)董事會(huì)組建的獨(dú)立董事特別委員會(huì)的一致建議，公司董事會(huì)批準(zhǔn)了合并協(xié)議和交易，并做出決議，建議公司股東投票批準(zhǔn)合并協(xié)議和交易。由與母公司、合并子公司、任何買(mǎi)方財(cái)團(tuán)成員或公司任何管理層完全無(wú)關(guān)聯(lián)關(guān)系的獨(dú)立董事組成的特別委員會(huì)在其獨(dú)立財(cái)務(wù)和法律顧問(wèn)的協(xié)助下就合并協(xié)議的條款進(jìn)行了談判。
根據(jù)合并協(xié)議條款，在此交易完成前，不允許巨人進(jìn)行任何的派息或股票回購(gòu)。因此，巨人董事會(huì)已暫停公司先前宣布的股票回購(gòu)及派息計(jì)劃。
目前預(yù)計(jì)此項(xiàng)交易將在2014年下半年完成交割，并將受多種交割條件的限制，其中包括合并協(xié)議獲得由擁有公司三分之二或以上股權(quán)的股東們，以個(gè)人或單一類別代理形式，在公司股東大會(huì)上授權(quán)并批準(zhǔn)此項(xiàng)合并協(xié)議，也包括巨人某些子公司重組的完成。截止合并協(xié)議簽署前，轉(zhuǎn)結(jié)股東和Union Sky全資控股的子公司Vogel Holding Group Limited（以下稱“Vogel”）合計(jì)擁有公司已發(fā)行和流通股的49.3%。根據(jù)轉(zhuǎn)結(jié)股東、Vogel、母公司和Giant Group Holdings Limited（母公司的單一股東）之間簽署的協(xié)議，轉(zhuǎn)結(jié)股東和Vogel已同意利用受益所有的投票權(quán)投票授權(quán)并同意合并協(xié)議及其相關(guān)交易。若交易完成，巨人將成為一家私人持有的公司，而其美國(guó)存托憑證將不再在紐交所掛牌交易。
Morgan Stanley Asia Limited和Duff & Phelps LLC 擔(dān)任特別委員會(huì)的財(cái)務(wù)顧問(wèn)。Fenwick & West LLP 擔(dān)任特別委員會(huì)美國(guó)法律顧問(wèn)，Maples and Calder擔(dān)任特別委員會(huì)開(kāi)曼法律顧問(wèn)。Shearman & Sterling擔(dān)任Morgan Stanley Asia Limited的法律顧問(wèn)。Akin Gump Strauss Hauer & Feld擔(dān)任Duff & Phelps LLC的法律顧問(wèn)。
Kilometre Capital擔(dān)任公司的戰(zhàn)略顧問(wèn)。O’Melveny and Myers LLP （美邁斯律師事務(wù)所）擔(dān)任公司的美國(guó)法律顧問(wèn)，Grandall Legal Firm (Shanghai)擔(dān)任公司的中國(guó)法律顧問(wèn)，Conyers Dill and Pearman擔(dān)任公司的開(kāi)曼法律顧問(wèn)。
中國(guó)民生銀行（香港分行）、法國(guó)巴黎銀行、瑞信銀行、德意志銀行、高盛銀行、工銀國(guó)際和摩根大通銀行擔(dān)任買(mǎi)方財(cái)團(tuán)的財(cái)務(wù)顧問(wèn)。Wilson Sonsini Goodrich & Rosati, P.C.擔(dān)任史玉柱先生和買(mǎi)方財(cái)團(tuán)的美國(guó)法律顧問(wèn)。Weil, Gotshal & Manges LLP擔(dān)任霸菱的美國(guó)法律顧問(wèn)以及買(mǎi)方財(cái)團(tuán)銀行貸款的英國(guó)法律顧問(wèn)。Skadden, Arps, Slate, Meagher & Flom LLP 擔(dān)任弘毅的美國(guó)法律顧問(wèn)。Fangda Partners擔(dān)任霸菱和弘毅的中國(guó)法律顧問(wèn)。Linklaters擔(dān)任銀行貸款授權(quán)牽頭行的美國(guó)和英國(guó)法律顧問(wèn)，Appleby和Jun He Law Offices分別為銀行貸款授權(quán)牽頭行的開(kāi)曼和中國(guó)法律顧問(wèn)。
Additional Information about the Transaction
The Company will furnish to the Securities and Exchange Commission (the “SEC”) a report on Form 6-K regarding the proposed transactions described in this announcement, which will include as an exhibit thereto the Merger Agreement. All parties desiring details regarding the transactions contemplated by the Merger Agreement, including the Merger, are urged to review these documents, which will be available at the SEC’s website (http://www.sec.gov).
In connection with the Merger, the Company will prepare and mail a proxy statement to its shareholders. In addition, certain participants in the Merger will prepare and mail to the Company’s shareholders a Schedule 13E-3 transaction statement. These documents will be filed with or furnished to the SEC. INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT AND RELATED MATTERS. In addition to receiving the proxy statement and Schedule 13E-3 transaction statement by mail, shareholders also will be able to obtain these documents, as well as other filings containing information about the Company, the Merger and related matters, without charge, from the SEC’s website (http://www.sec.gov) or at the SEC’s public reference room at 100 F Street, NE, Room 1580, Washington, D.C. 20549. In addition, these documents can be obtained, without charge, by contacting the Company at the following address and/or phone number:
Giant Interactive Group Inc.
11/F No. 3 Building, 700 Yishan Road,
Shanghai, 200233, People’s Republic of China
Phone: +86 21 3397-9999
The Company and certain of its directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be “participants” in the solicitation of proxies from shareholders with respect to the Merger. Information regarding the persons or entities who may be considered “participants” in the solicitation of proxies will be set forth in the proxy statement and Schedule 13E-3 transaction statement relating to the Merger when it is filed with the SEC. Information regarding certain of these persons and their beneficial ownership of the Company’s ordinary shares as of March 31, 2013 is also set forth in the Company’s Form 20-F, which was filed with the SEC on April 18, 2013. Additional information regarding the interests of such potential participants will be included in the proxy statement and Schedule 13E-3 transaction statement and the other relevant documents filed with the SEC when they become available.
This announcement is neither a solicitation of proxy, an offer to purchase nor a solicitation of an offer to sell any securities and it is not a substitute for any proxy statement or other filings that may be made with the SEC should the Merger proceed.
Cautionary Statement concerning Forward Looking Statements
This news release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders, the possibility that competing offers will be made, the possibility that various closing conditions to the Merger may not be satisfied or waived and other risks and uncertainties discussed in Giant’s filings with the U.S. Securities and Exchange Commission, as well as the Schedule 13E-3 transaction statement and the proxy statement to be filed by the Company in connection with the Merger. Giant does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
