17 December, 2015
Kirkland & Ellis is advising a buyer group consisting of Mr. Dong Yu, the founder of Bona Film Group Limited (NASDAQ: BONA) (“Bona”), a leading film distributor and vertically integrated film company in China and certain other entities including affiliates of Sequoia, Fosun, SAIF, Alibaba Pictures Group Limited and Tencent, in connection with their acquisition of Bona at an implied enterprise value of approximately US$1 billion, based on Bona’s total shares issued and outstanding on a fully diluted basis. The merger agreement was announced on December 15, 2015.
The Kirkland team on the transaction is being led by Hong Kong corporate partners David Zhang and Jesse Sheley.
