Sullivan & Cromwell Represent Lead Investors for Repurchase of One Half of Yahoo! Stake in Alibaba

LawFuel.com – Asia Law News – Sullivan & Cromwell LLP, led by New York M&A partner Alexandra D. Korry and Hong Kong corporate partner Chun Wei represents lead investors CIC International Co., Ltd. (Hong Kong), Boyu Capital (China) and CITIC Capital (China) in connection with the equity financing of Alibaba Group Holding Limited’s (China) repurchase of one half of Yahoo! Inc.’s (U.S.) stake in Alibaba for approximately $7.6 billion, announced September 18, 2012.

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