China Law & Practice

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Tom Online goes private

Date: October 2007

Promulgated: 27 October 2007

Keywords (click to search): [Paul Weiss Rifkind Wharton & Garrison] [Tom Online] [TOM Group] [privatisation]

Paul, Weiss, Rifkind, Wharton & Garrison advised Hong Kong-listed Tom Online on the completion of a going-private and delisting transaction that was first announced in March 2007. The privatization of the company by its controlling shareholder TOM Group was structured as a scheme of arrangement under Cayman law and was approved by shareholders of both Tom Group and Tom Online.

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