Sullivan & Cromwell represented China Investment Corporation (CIC) (China), CITIC Capital (Hong Kong) and Boyu Capital (China) in connection with their sale of secondary shares in Alibaba Group Holding Limited (China) resulting in approximately $1.4 billion in aggregate proceeds, completed September 18, 2014. The S&C team on the transaction included:
Corporate:
Alexandra D. Korry (Partner, New York)
Chun Wei (Partner, Hong Kong)
Lu Chai (Associate, Hong Kong)
Ram Narayan (Associate, Hong Kong)