Jurisdiction - China
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China – Skadden And Kirkland Advises Consortium On Going Private Transaction Between 7 Days Group And Keystone Lodging.

1 March, 2013

 

Skadden is U.S. counsel to a Consortium comprised of affiliates of Carlyle Asia Partners III, L.P., Sequoia Capital China Growth 2010 Fund, L.P., Actis LLP, two co-chairmen and certain other existing management shareholders of 7 Days Group Holdings Limited, a NYSE-listed company, in the merger between 7 Days Group Holdings Limited and Keystone Lodging Holdings Limited for approximately $688 million.  Following the merger, Keystone Lodging Holdings Limited will be beneficially owned by the Consortium.  The definitive Agreement and Plan of Merger were announced today.
 
The Skadden team includes corporate partners Gregory Miao (Shanghai and Hong Kong), Peter Huang (Beijing) and Daniel Dusek (Beijing).
 
Skadden, Arps, Slate, Meagher & Flom LLP and Kirkland & Ellis are serving as co-U.S. legal advisors to the Consortium. 
 
Baker & McKenzie is counsel to the Special Committee.

O'Melveny & Myers is counsel to 7 Days Group Holdings Limited.

 

For further information, please contact:

 

Joshua Scott, Skadden 
joshua.scott@skadden.com

 

 

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