The Hong Kong office of the Firm represented Pou Sheng International (Holdings) Limited, a leading sportswear retailer in China, in connection with its Hong Kong initial public offering and Rule 144A / Regulation S offering of 823,378,000 ordinary shares, raising a total of HK$2,349 million (US$300.8 million). The underwriters for the offering were led by Merrill Lynch and Morgan Stanley. Pou Sheng operates more than 1,400 retail outlets in Greater China . The company is licensed to sell leading international and PRC domestic brands such as Nike, Adidas, Li Ning, Kappa, Reebok, PUMA, Converse, Hush Puppies, Nautica, Wolverine and Asics, and is the exclusive brand licensee for Converse, Wolverine and Hush Puppies in Greater China.
The Simpson Thacher team for the transaction included Chris Lin, Louis Rabinowitz, Stuart Orsak, Heather Tsai, Richard Lin and I-Sha Liu (Corporate) and Rian Balfour and Wei Cui (Tax).