DLA Piper, Fenwick & West and Skadden, Arps, Slate, Meagher & Flom have scored advisory roles on Shanghai Jinjiang International Hotels Development’s purchase of an 81 percent stake in Keystone Lodging Holdings for 8.3 billion yuan ($1.3 billion).

Registered in the Cayman Islands, Keystone is the parent company of Plateno Group, which delisted China-based hotel chain 7 Days Group Holdings in 2013.

Jinjiang International has tapped DLA Piper as its legal advisor while Keystone is being advised by Fenwick & West.

A team from Skadden – composed of Shanghai partner Gregory Miao and Beijing partners Peter Huang and Daniel Dusek – is representing Actis, Sequoia Capital China and The Carlyle Group, the private equity firms involved in the deal.

Jinjiang International, which will fund the deal using its own capital and cash from bank loans, is seeking  to increase its share of China's growing domestic travel market with the Keystone acquisition.