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Skadden, Wachtell Lead on Yahoo's $7.1 Billion Alibaba Stake Sale
The New York firms led a roster of firms working on the largest e-commerce deal ever that included Munger, Tolles & Olson; Weil, Gotshal & Manges, Freshfields Bruckhaus Deringer; and Fenwick & West.Skadden, Wachtell Lead on Yahoo's $7.1 Billion Alibaba Stake Sale
Skadden and Wachtell have taken the lead roles in Yahoo's $7.1 billion sale of a 20 percent stake in Alibaba Group Holding Ltd., the Chinese Internet company. Alibaba will buy back the shares, which represent half of Yahoo's stake in the Chinese company. The deal is the largest e-commerce mergers and acquisition deal ever.Allen & Overy Advises on First Dim Sum Bond by a Chinese Corporate
Chinese state-owned Baosteel Group Corp. has become the first mainland Chinese non-financial company to issue renminbi-denominated bonds in Hong Kong. Allen & Overy advised the state-owned company on the $567 million deal.Clifford Chance Advises Haitong on $715 Million Buy
The Chinese brokerage firm is acquiring a leasing business from U.S. private equity giant TPG.Trending Stories
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