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Weil Advised Baring Private Equity Asia in $3B Giant Interactive Group Take-Private Deal

Weil advised Baring Private Equity Asia as a member of a consortium led by Giant Interactive Group’s Chairman Yuzhu Shi that has entered into a definitive merger agreement to acquire Giant Interactive Group, China's leading online game developer and operator listed on the NYSE. Giant Interactive is one of the largest US-listed Chinese companies to be taken private with a total deal value of approximately $3 billion. The transaction closed on July 18, 2014.

Giant Interactive Group focuses on massively multiplayer online role playing games. Currently, Giant operates multiple games, including the ZT Online 1 Series, ZT Online 2, Elsword, and World of Xianxia.

The Weil team on this transaction was led by Akiko Mikumo and M&A associates Chris Welty, Erika Evasdottir and Jeremiah Phillips, and Banking & Finance associates Eugene C. Kim and Emma Rubin. All are based in Weil’s Hong Kong office.

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