Hogan Lovells has been advising Jumei International Holding Limited in connection with its acquisition and going-private transaction
A cross-office, cross-practice team advised the special committee of Jumei International Holding Limited (Jumei), a Chinese-based fashion and lifestyle solutions provider, as U.S. legal counsel on its approximately US$130 million acquisition and on its going-private transaction.
The transaction is structured as a two-step merger where the buyer would launch a tender offer followed by a short-form merger. This is the first U.S. public M&A transaction involving U.S.-listed Chinese companies in recent years which utilizes the two-step merger structure.
Jumei is an e-commerce retailer of beauty, fashion and lifestyle products in China. Established in March 2010, it is regarded as one of the largest online beauty shopping stores in China.
The multi-office, multi-disciplinary team was led by Hong Kong corporate partner Stephanie Tang, with support from Beijing antitrust partner, Adrian Emch, Silicon Valley corporate partner, Michael Frank, and Hong Kong corporate associates Yang Li and Angele Lok.
Stephanie has worked on more than 20 of U.S. public M&A / take private transactions, including Gridsum Holding, Bona Film Group, Zhaopin.com, Mindray Medical, Dangdang, Giant Interactive Group, Focus Media, AutoNavi, Montage Technology, Nepstar Drugstore, Taomee, ShangPharma, iSoftStone, 7 Days Inn, China Nuokang Biopharma and Funtalk. Stephanie is recognized as a leader in advising private equity funds, independent/ special committee, buyer and financial advisors on take private transactions.