Firms process Focus Media's milestone buyout
BY Liu Zhen |
Law firms Skadden, Arps, Kirkland & Ellis and Weil, Gotshal & Manges, and Fried, Frank, Harris, Shriver & Jacobson have acted in China’s largest ever private equity deal worth $3.7 billion, in which display-advertising provider Focus Media Holding Ltd is to be acquired by CEO Jason Nanchun Jiang and a consortium led by Carlyle Group LP.