Press Release

Kirkland & Ellis Advises AutoNavi Independent Committee in Definitive Agreement to be Acquired by Alibaba Group

Kirkland & Ellis is advising the independent committee of the board of directors of NASDAQ-listed AutoNavi Holding Limited, a leading provider of digital map content in China, in connection with its acquisition by Alibaba Group Holding Limited, the largest e-commerce company in China. The transaction values AutoNavi’s equity at approximately US$1.5 billion on an as converted and fully diluted basis.

The Kirkland team is being led led by corporate partners David Zhang, Jesse Sheley and Stephanie Tang.