Japan NK Investment K.K., Hudson Global Finance DE II, LLC and others agreed to acquire remaining stake in Sky Solar Holdings, Ltd. (NasdaqCM:SKYS) on November 14, 2019. On completion of the acquisition, Japan NK Investment KK will hold 45%, Hudson Global Finance DE II, LLC will hold 45% and other Significant Shareholder will hold 10% stake in Sky Solar. In a separate transaction, Hudson Global Finance DE II, LLC entered into a stock purchase agreement to acquire 24.3% stake in Sky Solar Holdings, Ltd. (NasdaqCM:SKYS) from IDG-Accel China Capital L.P. and IDG-Accel China Capital Investors L.P for $25.5 million. Following acquisition, 2 directors will be from Japan NK Investment, 2 directors from Hudson Global Finance and one from Significant Shareholder. Transaction is subject to customary closing condition, including obtaining financing. Kenji Taneda of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for Japan NK Investment, Ed Dartley of K&L Gates LLP acted as legal advisor for Hudson Global Finance in the transaction. Rothschild & Co acted as financial advisor for Hudson Global Finance DE II, LLC.