Simpson Thacher Represents the Sellers in the Sale of ShanghaiMart
10.03.14
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Simpson Thacher recently represented the sellers in connection with the sale of a 99% interest in ShanghaiMart, an international trade center located in Hongqiao, Shanghai, and certain shareholders’ loans to an affiliate of Shanghai Industrial Urban Development Group Limited for an aggregate purchase price of approximately US$579.3 million. The transaction signed and closed on September 25, 2014.
The Simpson Thacher team included Chris Lin and Qi Yue (Corporate).