Skadden, Kirkland act as two major NY-listed Chinese web companies go private
BY Hu Yangxiaoxiao 胡阳潇潇 |
Skadden, Arps, Slate, Meagher & Flom and Han Kun Law Offices have advised Chinese car comparison website Bitauto and classifieds portal 58.com, both previously listed in New York, in going private with the transactions being valued at $1.1 billion and $8.7 billion, respectively.