Han Kun provided legal services to Baidu in its Share-Exchange Transaction with Ctrip
2015-10-27
On October 26, 2015, Baidu announced the closing of a share exchange transaction with Ctrip. In this transaction, Baidu has transferred part of its original equity ownership in Qunar in exchange of newly-issued shares of Ctrip, following which Ctrip has become one of Qunar's shareholders. Baidu and Ctrip have also agreed to business cooperation across a broad base of products and services.
Han Kun has represented Baidu in the foregoing transaction and has provided legal advice from the Chinese law perspective.