Simpson Thacher Represented the Buyer in the Acquisition of a Majority Stake in Mecox Lane Limited
05.22.14
This is only gets display when printing
Simpson Thacher recently represented Cnshangquan E-Commerce Co., Ltd. (“Cnshangquan”) in the acquisition of a majority stake in Mecox Lane Limited (“Mecox”) from certain selling shareholders of Mecox for an aggregate cash consideration of approximately US$39 million. The transaction closed on May 20, 2014.
Cnshangquan is a Nanjing-based leading provider of integrated marketing platforms for businesses and consumers. Mecox is a multi-brand and multi-channel retailer of apparel and accessories in China. The ADSs of Mecox are listed and traded on the NASDAQ Global Select Market under the ticker symbol "MCOX."
The Simpson Thacher team included Leiming Chen, Shaolin Luo and Qi Yue.