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Deacons acted for BankAmerica International Financial Corporation and Inchcape Hong Kong Limited in the disposal of Inchroy Credit Corporation Limited to Wing Hang Bank, Limited
28 December 2006
BankAmerica International Financial Corporation and Inchcape Hong Kong Limited entered into a sale and purchase agreement to dispose of their entire shareholding interests in Inchroy Credit Corporation Limited to Wing Hang Bank, Limited for a consideration of HK$1.4 billion. Inchroy is one of Hong Kong's leading financiers of passenger cars and light commercial vehicles, and is also active in the equipment finance, residential mortgage and consumer loan markets.
Deacons acted as the legal adviser to BankAmerica and Inchcape in the disposal.

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