Jurisdiction - China
China – Skadden Represents Yahoo! in Biggest US-China M&A Deal in History. 6 other Firms Involved.

21 May, 2012


Skadden will act as lead counsel to Yahoo! Inc. in the USD$7.1 billion sale of its 20 percent stake in Alibaba Group Holding Limited to Alibaba. 


Weil Gotshal & Manges will advise Yahoo on IP issues, while Munger Tolles & Olson acts as legal counsel for Yahoo!’s board of directors.


Skadden is led by partner Leif King, while Wachtell Lipton Rosen & Katz is led by partner Mark Gordon.


This deal sees Alibaba buying back half of Yahoo!’s 40 per cent stake in the group. The deal is expected to be completed in 6 to 9 months.


This is the biggest e-commerce M&A transaction in history and the largest-ever M&A deal between a U.S. and a Chinese company. The largest e-commerce M&A transaction in history.


For further information, please contact:


Andrew Towler, Skadden Arps Slate Meagher & Flom

[email protected]






Leave a Reply

You must be logged in to post a comment.