US duo lead on $586m sale of stake in China’s Twitter-like Weibo
Shearman & Sterling and Simpson Thacher & Bartlett have played key roles on Chinese internet giant Sina Corporation’s sale of a stake in the country’s Twitter-like site Weibo. Shearman, fielding Beijing managing partner Lee Edwards, advised Nasdaq-listed Sina in the sale of a 18 per cent stake in its subsidiary Weibo Corporation to e-commerce business […]