Deal Diary

Welcome to Acquisition International’s Deal Diary, the place where we showcase exciting deals from across the globe. With each diary entry, we’ll be taking a comprehensive look at the inner workings of the deal in question and will be venturing behind the scenes to take a look at the dedicated professionals involved in ensuring its success.

Here you will discover the most active deal makers and a comprehensive catalogue of the transactions they have been involved with.

Tier 1: The Website - Go live worldwide within 24 hours!

Within 24 hours of booking, we'll upload your deal and company profile - including contact details and links to your homepage - right here on our site, putting you and your firm in front of
40,000 visitors every month!

You will, of course, get a full company bio, including your contact details and fully clickable links direct to your website, and to make sure the people who matter will be able to find every deal you and your firm have been involved in at the click of a button, all of the deals posted on the Deal Diary site are incredibly easy to search by firm name, individual name, sector or region. We even have an automatically updated deal leaderboard (right). 

Tier 2: The Newsletter - Direct to 108,000 subscribers!

Your involvement in the deal will be featured on our weekly Deal Round-Up newsletter,  published via email every Thursday to a global audience of  108,000. Your deal write-up will also include hyperlinked images and logos, taking readers straight to your homepage. That’s a potential 108,000 clicks every month!

Tier 3: The Publication - Sent to 108,000 people in 170 countries!

The deal and your involvement will appear in the Deal Diary section of our monthly magazine, distributed to 108,000 people in 170 countries around the world. This is where you can tell us all about the deal and how you made it happen, providing the perfect opportunity to shout about your firm’s experience, expertise and the great work you’ve been doing.

GO

Shakespeare Martineau Advise on RCapital Investment's in Summit and Hotelcare
August 27, 2015
Trowers & Hamlin Advise on Cygnet Healthcare Acquisition of Alpha Hospitals
August 27, 2015
Sparebanken Hedmark Advise on Procuritas Capital Investors Investment in Daldata
August 27, 2015
Allen & Overy Advise on AMP Capital & 3i Infrastructure's Acquisition of Esvagt
August 27, 2015
Grant Thornton UK LLP Advise on Safestay's Acquisition of Smart City Hostel
August 27, 2015
Trigon Advise on Public Consulting Group's Acquisition of Librus from Oresa Ventures
August 27, 2015
Ashurst Advise During Omers's acquisition of Environmental Resources Management
August 20, 2015
CMS Advise During Echo BV’s Acquisition of a Stake in Echo Investment
August 20, 2015
Baker & McKenzie Advise During Walmark's Acquisition of Pneumolan
August 20, 2015
JAC's Acquisition of NXP RF Power Business
August 20, 2015

Baker & McKenzie Advise During Walmark's Acquisition of Pneumolan

View Biography
Image

Wal-Mart Stores, Inc. today announced it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China.  Wang Lu, president and CEO of Walmart Global eCommerce in Asia, will lead Yihaodian as part of his overall executive responsibilities.

With full ownership of Yihaodian, Walmart plans to invest in both accelerating e-commerce and creating a seamless experience for customers across online, mobile and stores.  Walmart, which previously held approximately 51 percent of Yihaodian, acquired the remaining shares from Ping An of China, a financial services group, and the co-founders, former Chairman Gang Yu and former CEO Junling Liu. The two co-founders announced earlier this month that they are leaving Yihaodian, and will continue to serve as Chairman Emeritus and Strategic Executive Advisor respectively to ensure a smooth transition and contribute to the future success of Yihaodian.  Walmart’s planned investments are included in the company’s previously announced e-commerce budget. 

“Yihaodian has excelled as one of China’s top e-commerce businesses.  We’re excited about the team at Yihaodian and their strong local e-commerce experience,” said Neil Ashe, president and CEO of Walmart Global eCommerce.  “This local experience, combined with Walmart’s global sourcing and our strong local retail presence and supply chain will allow us to deliver low prices on the products customers need in new and exciting ways.  Our investment in Yihaodian is part of our long-term commitment to grow in China, and we look forward to continuing to play a positive role in the development of the e-commerce industry.

“We thank Gang and Junling for their entrepreneurship and innovation, and for creating a world-class foundation and team to lead Yihaodian going forward.”

Yihaodian will continue operating under its existing name and will maintain its focus on having strong local leadership with a clear understanding of the needs of online consumers in China.

Wang Lu brings extensive experience in the digital space in China, with a strong understanding of how consumers shop on the web and through mobile.  Prior to joining Walmart Global eCommerce, Wang Lu was responsible for managing CBS Interactive in China, including the IT group, Auto group, Women & Fashion group and Lifestyle group.  Previously, he served as Senior Vice President and head of China at CNET Networks, the interactive content company, where he led the development of market leading web properties including ZOL, X-Car and OnlyLady.  He earlier managed the China business for Ziff-Davis Media. Wang Lu has a master’s degree/Executive MBA from Peking University, and a bachelor’s degree from Beijing Union University.

Yihaodian and Ping An of China will maintain a commercial relationship that includes joint marketing efforts.

As the founding shareholder of Yihaodian, Ping An of China has made significant contributions to Yihaodian's early development. Ping An of China said that after taking into account the Group's overall Internet finance strategy, it has decided to transfer the entire stake it holds in Yihaodian to Walmart. Ping An will continue its partnership with Walmart and Yihaodian to seek cooperation opportunities for a strong alliance in various areas in the future.

Grant Thornton Advise Four Communications investment from BGF
August 20, 2015
Allen & Overy Advise During HIG European Capital Partners' Acquisition of Centros Unico
August 20, 2015
Taylor Wessing Advises THMMS's Acquisition of EliteMedianet
August 13, 2015
DLA Piper Advises Oakley Capital on Acquisition of Shares in Daisy
August 13, 2015
Skadden Advises NFP Acquisition of BWD
August 13, 2015
Aberdeen Asset Management Acquisition of Arden Asset Management
August 13, 2015
Milbank Advises ProSiebenSat.1 on Acquisition of Verivox from Oakley Capital
August 13, 2015
Gunner Cooke Advises on Statesman Travel Acquisition of Greaves Travel
August 13, 2015
McDermott Will & Emery Advises Biota's Acquisition of Anaconda Pharma
August 6, 2015
JP Morgan Advises Opko's Acquisition of Bio-Reference Laboratorie
August 6, 2015
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