A team of Akin Gump attorneys is advising Duff & Phelps LLC as joint financial advisor to the Special Committee of Giant Interactive Group, one of China’s leading online game developers and operators, as it enters into a definitive Agreement and Plan of Merger with Giant Investment Ltd. and Giant Merger Limited. The transaction values the company at $3 billion and will take it private.
The transaction is expected to close during the second half of 2014 and is subject to regulatory approval.
The Akin Gump team advising Duff & Phelps is led by Hong Kong corporate partner and Asia practice head Greg Puff, supported by partner Zach Wittenberg and associate Michelle Chan.
This transaction is the 14th take-private transaction involving U.S.-listed Chinese companies on which Akin Gump has advised since February 2012.
