Slaughters advises as Chinese online shopping giant goes private
Slaughter and May has taken the lead role on the $2.5bn (£1.6bn) privatisation of Chinese online shopping giant Alibaba.com. The magic circle firm is advising Alibaba on its withdrawal from the Hong Kong Stock Exchange, fielding a team led by Hong Kong capital markets partner Benita Yu (pictured). The privatisation, announced on 21 February this year, has seen Alibaba Group offer HK$13.50 (£1.10) per share, a 60% premium on the 60-day average closing price.
UK firm acts as Alibaba.com withdraws from HK stock exchange
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