Simpson Thacher & Bartlett has scored the lead role on Alibaba's US IPO following a decision by the world's largest online e-commerce company not to list in Hong Kong. Hangzhou-based Alibaba, whose plans for a Hong Kong IPO emerged earlier this year, is now expected to list in New York, which would allow the company founders to retain control over board nominations.
September 26, 2013 at 11:37 PM
1 minute read
The original version of this story was published on Legalweek
Simpson Thacher & Bartlett has scored the lead role on Alibaba’s US IPO following a decision by the world’s largest online e-commerce company not to list in Hong Kong.
Hangzhou-based Alibaba, whose plans for a Hong Kong IPO emerged earlier this year, is now expected to list in New York, which would allow the company founders to retain control over board nominations.
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