Skadden advised Trip.com Group Limited on its share repurchase agreement with MakeMyTrip Limited, pursuant to which MakeMyTrip will pay approximately $3 billion as consideration for the repurchase of a portion of its Class B ordinary shares held by Trip.com. Following the repurchase’s completion, Trip.com will retain ownership of approximately 16.9% of MakeMyTrip’s issued and outstanding shares. Haiping Li led the Skadden team.