Cadwalader, Wickersham & Taft, Goodwin Procter and Skadden, Arps, Slate, Meagher & Flom had the lead roles on a $1 billion investment into Chinese smartphone maker Xiaomi Corp.
Hong Kong-based All-Stars Investment Ltd., a fund launched last April by former Morgan Stanley tech analyst Richard Ji, led a consortium that included Singaporean sovereign wealth fund GIC Pte. Ltd. and Russian billionaire Yuri Milner’s DST Global fund on the investment. The deal values Xiaomi at $45 billion, making it the most valuable private technology company in the world.
