Carousell’s US$80 Million Investment

Tilleke & Gibbin and Allen & Gledhill asdvised Carousell Pte Ltd on the deal.

Carousell Pte Ltd. completed the acquisition of 701Search (a subsidiary of Norwegian telecommunications company Telenor Group), a deal that valued the combined company at USD 850 million.

Carousell Pte Ltd. provides a consumer-to-consumer marketplace application for ios and android.

The Tilleke & Gibbins team was led by Vinh Quoc Nguyen (Picture) and Waewpen Piemwichai.

The Allen & Gledhill team was led by Partner Chiam Tao Koon.

Involved fees earner: Chiam Tao Koon – Allen & Gledhill LLP; Vinh Quoc Nguyen – Tilleke & Gibbins ; Waewpen Piemwichai – Tilleke & Gibbins ;

Law Firms: Allen & Gledhill LLP; Tilleke & Gibbins ;

Clients: Carousell ;

Author: Ambrogio Visconti