Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett are understood to have taken much-coveted roles on the Hong Kong initial public offering (IPO) of Alibaba, China's largest e-commerce company. The potential listing, which has attracted much market interest, is set to be the biggest IPO since Facebook's high-profile listing last year.
June 23, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett are understood to have taken much-coveted roles on the Hong Kong initial public offering (IPO) of Alibaba, China’s largest e-commerce company.
The listing, set to be the biggest IPO since Facebook, could reportedly value the company at as much as $100bn (£64bn), although more conservative estimates have pegged the value at between $60bn (£39bn) and $70bn ($46bn).
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