Hogan Lovells and Skadden Arps Slate Meagher & Flom have scored lead roles on Kingdom Holding Company's $125m (£89m) investment in Beijing retailer 360Buy Jingdong. The Riyadh based company, which is controlled by Saudi Arabian billionaire and the world's 14th richest man Prince Alwaleed bin Talal, led a consortium of investors in a Series F round of funding, raising a total of $400m (£262m) for the China business.
February 22, 2013 at 09:29 AM
1 minute read
The original version of this story was published on Legalweek
Hogan Lovells and Skadden Arps Slate Meagher & Flom have scored lead roles on Kingdom Holding Company’s $125m (£89m) investment in Beijing retailer 360Buy Jingdong.
The Riyadh based company, which is controlled by Saudi Arabian billionaire and the world’s 14th richest man Prince Alwaleed bin Talal (pictured), led a consortium of investors in a Series F round of funding, raising a total of $400m (£262m) for the China business.
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