Ctrip.com $1.3 Billion Shelf Takedown
Davis Polk advised the underwriters on a registered shelf takedown of 28,500,000 American depositary shares. The total proceeds of the shelf takedown were approximately $1.3 billion.
Ctrip.com International, Ltd. is a NASDAQ-listed company and a leading travel service provider for hotel accommodations, airline tickets, train tickets, bus tickets, packaged tours and corporate travel management in China.
The Davis Polk corporate team included partners James C. Lin and John M. Brandow, associates Barry J. Gewolb and Won Lee and registered foreign lawyer Bo Huang.Partner Michael Farber and associate Veronica Orecharova provided tax advice. Members of the Davis Polk team are based in the Hong Kong, New York and London offices.
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