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Deal Date: 01-08-2013 Practice Area: Corporate and M&A
Deal Title: Acquisition of Shanda Games Limited Industry: Software & Computer Services
Description:
Davis Polk is advising the special committee of the board of directors of Nasdaq-listed Shanda Games Limited in connection with the USD811.5 million acquisition of affiliates providing user and payment platform services from its parent company Shanda Interactive Entertainment Limited. The definitive agreements were signed on July 28, 2013. Shanda Games is an online game developer, operator and publisher in China, offering a diversified game portfolio that includes some of the most popular massively multiplayer online (MMO) games and mobile games in China and in overseas markets. Shanda Interactive is the controlling shareholder of Shanda Games, and offers a broad variety of content through its subsidiaries and affiliates, ranging from MMO games and advanced casual games, e-sports, literature, film, television, music and video. The Davis Polk corporate team includes partner Miranda So and associates Annie Yan and Abhishek Kolay. Members of the Davis Polk team are based in the Hong Kong and Beijing offices.
Financial Center: Hong Kong Value: 500.01-1000.00
Advised Party: Target Company Law Firm
Target Company Jurisdiction: China Acquiror Jurisdiction: China
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Miranda So