18 March, 2016
Shearman & Sterling acted as the U.S. legal counsel for the Special Committee of the Board of Directors of China Nepstar Chain Drugstore Ltd., a leading retail drugstore chain in China, in connection with its going private transaction. The team was led by Hong Kong M&A partner Stephanie Tang.
In 2015, Shearman & Sterling’s M&A team has advised on a number of going private transactions including Bona Film’s US$1 billion buyout, Mindray Medical International Limited, Momo Inc., E-Commerce China Dangdang Inc., China Cord Blood Corporation, iDreamSky Technology Limited, Taomee Holdings Limited, China Nepstar Chain Drugstore Ltd., Jiayuan.com International Limited and 21Vianet Group, Inc.
Houlihan Lokey (China) Limited is serving as the financial advisor to the Special Committee, and Maples and Calder is serving as Cayman Islands legal counsel to the Special Committee. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal counsel to the Buyer, and Mourant Ozannes is serving as Cayman Islands legal counsel to the Buyer.
