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. Japan NK Investment K.K., Hudson Global Finance DE II, LLC and others cancelled the acquisition of remaining stake in Sky Solar Holdings, Ltd. (NasdaqCM:SKYS) on January 16, 2020.