Hogan Lovells NorCal Team Advises Walmart in US$16 Billion Majority Investment in Flipkart

Silicon Valley, 18 August 2018 – International law firm Hogan Lovells advised retailer Walmart Inc. as lead transactional counsel in finalizing its acquisition of approximately 77 percent of Flipkart Group, India’s leading marketplace eCommerce platform, for an announced price of approximately US$16 billion.

Walmart is now the largest shareholder in Flipkart. This transaction is believed to be the biggest such e-commerce deal in history. Additional information on the transaction can be found here.

The Hogan Lovells team advising Walmart was led by Silicon Valley M&A partner Rick Climan, along with Silicon Valley M&A partners Jane Ross and Chris Moore, and Singapore Office Managing partner Stephanie Keen.

About Hogan Lovells

Hogan Lovells is a leading global legal practice providing business-oriented legal advice and high-quality service across its exceptional breadth of practices to clients around the world.

“Hogan Lovells” or the “firm” is an international legal practice that includes Hogan Lovells US LLP and Hogan Lovells International LLP. For more information, see www.hoganlovells.com.

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