Alibaba Group Holding Ltd’s $2 Billion Acquisition of Kaola

Weil represented Alibaba Group Holding Ltd in connection with the $2 billion acquisition of Kaola from Nasdaq-listed gaming giant NetEase Inc.

Alibaba Group Holding Limited operates as a holding company. The Company provides internet infrastructure, e-commerce, online financial, and internet content services through its subsidiaries.

Koala SA distributes footwear via the World Wide Web. The Company website offers shoes and accessories for men and women.

The Weil team was led by Hong Kong Private Equity partner Tim Gardner (Picture) and included Private Equity partner Chris Welty and associates Kris Desrosiers and James Feng.

Involved fees earner: Kris Desrosiers – Weil, Gotshal & Manges; James Feng – Weil, Gotshal & Manges; Tim Gardner – Weil, Gotshal & Manges; Chris Welty – Weil, Gotshal & Manges;

Law Firms: Weil, Gotshal & Manges;

Clients: Alibaba Group Holding Ltd;

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Author: Michael Patrini