Skip to main content

Shearman & Sterling is advising China’s mobile social network platform Momo Inc on its deal to be taken private from the NASDAQ.

Momo, a chat app that helps users find friends based on locations and exchange messages, pictures and videos, received a buyout offer from its CEO Yan Tang in June, joining a string of Chinese tech companies that have delisted from the U.S. exchanges in recent months.

Tang and the buyout consortium already own about 47 percent of the company, with an aggregate voting power of about 84 percent. The offer values the company at $3.6 billion.

A Shearman & Sterling team led by Hong Kong partner Stephanie Tang is advising Momo on the deal. Conyers Dill & Pearman is representing the company on Cayman Islands law.

Momo announced in July that it formed a special committee to review the previously announced non-binding going private proposal.

Related Articles

A&O Shearman、高赢助力中国生物医药公司普米斯9.5亿美元并购交易(ZH/EN)

近日,A&O Shearman作为BioNTech的法律顾问,为其收购中国生物医药公司普米斯提供法律服务;高赢国际律师事务所则为普米斯提供法律意见。

汉坤、方达、竞天公诚、凯易助力科创板首单“A收H”交易(ZH/EN)

科创板上市公司亚信安全完成香港联交所主板上市公司亚信科技的控制权收购。汉坤律师事务所在交易中为买方提供中国法律服务;方达律师事务所、凯易国际律师事务所则担任卖方法律顾问;竞天公诚律师事务所担任融资方渤海银行的法律顾问。

方达、苏利文、奋迅·贝克麦坚时助力中印26亿美元钢铁领域合资交易(ZH/EN)

中国民营钢铁公司中国东方集团宣布将与世界第二大钢铁公司、印度安赛乐米塔尔合作,共同在中国设立两家合营企业。方达律师事务所、美国苏利文·克伦威尔律师事务所作为中国东方集团的律师参与交易;奋迅·贝克麦坚时为安赛乐米塔尔提供法律意见。