Slaughter and May is advising Alibaba Group Holding Ltd. on a $2.6 billion offer to privatize Chinese department store operator Intime Retail Group Co. Ltd.
The New York Stock Exchange-listed e-commerce giant teamed up with Intime founder Shen Guojun to offer $1.29 per share for the remaining 63 percent of the company they don’t already own. Intime will delist from the Hong Kong Stock Exchange after 10 years of trading.
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