Kirkland Represents Investor Consortium in $8.7 Billion Take-Private of 58.com
Kirkland & Ellis is acting as international co-counsel for an investor consortium in the proposed take-private of 58.com Inc. (NYSE: WUBA), China’s largest online classifieds marketplace, at a valuation of approximately US$8.7 billion. The investor consortium comprises Warburg Pincus Asia LLC, General Atlantic Singapore Fund Pte. Ltd., Ocean Link Partners Limited, and Mr. Jinbo Yao, Chairman of the Board and Chief Executive Officer of 58.com.
Read more in the press release from 58.com
The Kirkland team is being led by transactional partners Daniel Dusek and Xiaoxi Lin and debt finance partners Jacqueline Zheng and David Irvine.
