Paul Weiss – The Carlyle Group Joins Other Investors in $3.7 Billion Focus Media Buyout

Paul, Weiss client The Carlyle Group, together with other investors, successfully took private Focus Media for $3.7 billion in the largest-ever going-private deal by a Chinese company. The Carlyle Group invested in Focus Media, China’s largest lifestyle-targeted interactive digital media network, through its Asia Partners III fund alongside FountainVest, CITIC Capital, China Everbright, Nanchun Jiang and Fosun International Limited.

The Paul, Weiss team included corporate partners Jeanette ChanJeffrey Marell and Toby Myerson and counsel Corinna Yu; and litigation partners Mark Mendelsohn and counsel Bruce Searby.

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