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Kirkland & Ellis Advises Consortium on US$9.3 Billion Acquisition of Qihoo360 Technology Co. Ltd.

18 Dec 2015

Kirkland & Ellis represents a consortium of investors, including, among others, CITIC Guoan, Golden Brick Silk Road Capital, Sequoia Capital China, Taikang Life Insurance, Ping An Insurance, Sunshine Insurance, New China Capital, Huatai Ruilian, Huasheng Capital or their affiliated entities in their acquisition of NYSE-listed Qihoo360 Technology Co. Ltd., a leading Internet company in China, in a transaction valued at US$9.3 billion, including the redemption of approximately US$1.6 billion of debt. The merger agreement was signed on December 18, 2015. Read more about the deal here.

The Kirkland team is led by Hong Kong corporate partners David Zhang, Jesse Sheley, Xiaoxi Lin and Amie Tang.

Matter Type
M&A: Acquiror's Counsel
Industry
Technology, Media & Telecoms
News Category
Technology, Media & Telecoms