Han Kun advises Vipshop on its fully acquiring Shan Shan Commercial Group Co., Ltd.
July, 2019 - Beijing, Mainland China
Vipshop, a leading online discount retailer for brands in China, has recently signed a share purchase agreement in Shanghai with Shan Shan Group Co., Ltd. and Ningbo Xingtong Chuangfu Equity Investment Partnership. Pursuant to this agreement, Vipshop will fully acquire Shan Shan Commercial Group Co., Ltd. for RMB 2.9 billion in cash installments through Vipshop International Holdings Limited, a Vipshop's wholly-owned subsidiary in Hong Kong.
Han Kun represented Vipshop in the transaction as its PRC legal counsel, and was fully involved in designing the transaction structure, drafting and revising the transaction documents, and other ancillary documents.
