China | Hong Kong | United States

Skadden, Wachtell Lead on Yahoo's $7.1 Billion Alibaba Stake Sale

, The Asian Lawyer


Skadden and Wachtell have taken the lead roles in Yahoo's $7.1 billion sale of a 20 percent stake in Alibaba Group Holding Ltd., the Chinese Internet company. Alibaba will buy back the shares, which represent half of Yahoo's stake in the Chinese company. The deal is the largest e-commerce mergers and acquisition deal ever.

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