Paul Weiss Rifkind Wharton & Garrison, Goodwin Procter, Simpson Thacher & Bartlett and Debevoise & Plimpton have advised on a deal which has seen a consortium of investors offer $1.6bn (£1bn) for a stake in Chinese e-commerce giant Alibaba Group, writes The Asian Lawyer.
The consortium includes Silicon Valley private equity firm Silver Lake Technology Management, Moscow-based venture capital group Digital Sky Technologies (DST) Global, Singaporean sovereign wealth fund Temasek Holdings and Yunfeng Capital, an investment group led by Alibaba founder and chief executive officer Jack Ma.
