Skadden is advising Auchan Retail S.A. on the acquisition of a 36.16 percent stake in its Hong Kong-listed subsidiary Sun Art Retail Group Ltd. by Alibaba Group Holding Limited for HK$22.4 billion (approximately US$2.88 billion), and on the formation of a strategic alliance with Alibaba and Ruentex Group.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates