September 14, 2021
Weil has been recognized for its work as international counsel to certain members of the buyer consortium in relation to the financing of the $8.7 billion privatization of 58.com, which was named Finance Deal of the Year at the 2021 Thomson Reuters ALB Hong Kong Awards.
58.com is China’s largest online classified marketplace. Weil also acted as counsel to the buyer consortium in this landmark transaction, which was the largest reported take-private for 2020 in Asia Pacific and the second largest ever in China.
ALB Hong Kong Awards is one of the longest-running awards in Asia organized by Thomson Reuters’ flagship title. This pre-eminent award pays tribute to the outstanding performance of law firms at the forefront of the industry.