Davis Polk is advising the special committee of the board of directors of E-House (China) Holdings Limited in connection with the going-private acquisition of E-House for $6.85 per ordinary share or American depositary share by a consortium consisting of Xin Zhou, the co-chairman and chief executive officer of E-House, Neil Nanpeng Shen, a director of E-House, and SINA Corporation. The transaction is subject to customary closing conditions, including approval by E-House’s shareholders, and is expected to close in the second half of 2016.

Headquartered in Shanghai, China, and listed on the New York Stock Exchange, E-House is China’s leading real estate services company with a nationwide network covering more than 260 cities. E-House offers a wide range of services to the real estate industry, including real estate online services through its 70%-owned subsidiary, Leju Holdings Limited, primary sales agency, secondary brokerage, information and consulting, offline advertising and promotion, real estate investment management and financial services, and mobile community value-added services.

The Davis Polk corporate team includes partner Miranda So, counsel Sam Kelso and registered foreign lawyers Meng Ding and Ming Chi. Counsel Margie Chan and registered foreign lawyer Ying Su are providing credit advice. All members of the Davis Polk team are based in the Hong Kong office.

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