Simpson Thacher Represents China Harmony Auto Holding Limited in Its HK$1.67 Billion (US$215.5 Million) Hong Kong Initial Public Offering and Rule 144A/Regulation S Offering

Wednesday, June 19, 2013

The Firm represented China Harmony Auto Holding Limited in connection with its initial public offering in Hong Kong and Rule 144A/Regulation S offering of an aggregate of 275,126,000 ordinary shares, which raised approximately HK$1.67 billion (approximately US$215.5 million) in gross proceeds. China Harmony Auto Holding Limited is a leading dealership group that deals exclusively in luxury and ultra-luxury passenger vehicles in China and operates 25 dealership stores covering 14 cities in China. The ordinary shares of China Harmony Auto Holding Limited are listed on the Hong Kong Stock Exchange. Goldman Sachs acted as the sole global coordinator and Goldman Sachs and CICC acted as the joint bookrunners and joint lead managers and joint sponsors.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Simpson Thacher Represents LightInTheBox Holding Co., Ltd. in its US$90.7 Million Initial Public Offering of American Depositary Shares on the New York Stock Exchange

Wednesday, June 19, 2013

The Hong Kong office of the Firm represented LightInTheBox Holding Co., Ltd. (“LightInTheBox”) in connection with its initial public offering and listing on the New York Stock Exchange of 9,545,000 American Depositary Shares, each representing two ordinary shares. LightInTheBox and its selling shareholders raised a total of US$90.7 million in gross proceeds from the offering, after the exercise of the underwriters’ over-allotment option. Credit Suisse Securities (USA) LLC and Stifel, Nicolaus & Company, Incorporated acted as the joint bookrunners for the offering. This transaction is the first US IPO of a Chinese company in 2013.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong

Polsinelli Platform Attracts Large Group of Attorneys

Tuesday, June 18, 2013

Citing the firm’s successful business model, commitment to clients and strong leadership, a number of seasoned shareholders and associates recently joined Polsinelli in several of its offices. The attorneys will practice in the firm’s St. Louis and Washington, D.C. offices assisting clients locally and nationally in environmental, toxic tort and commercial litigation, IP, government contracts, and construction related issues. In addition, the firm opened a regional Chattanooga, Tennessee office with four attorneys to serve national clients in corporate, corporate finance, mergers and acquisitions, and real estate matters. These prominent and highly experienced attorneys serve clients in a variety of industries including chemical manufacturing, health care, oil and gas exploration, and real estate.

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Tags:  Polsinelli PC