16 August 2012 – LawFuel.com – Skadden is advising on the proposed $3.5 billion going-private transaction for Focus Media Holding Ltd., which operates China’s largest lifestyle-targeted interactive digital media network. We are representing Jason Nanchun Jiang, chairman of the board and CEO, and his affiliates.
This transaction, announced on August 13, will be the largest-ever delisting of a New York-listed Chinese company. Jiang is acting as part of a consortium, also including The Carlyle Group, CITIC Capital Partners, CDH Investments, China Everbright Limited and FountainVest Partners, on the proposed acquisition.
