Shanghai's Jinjiang International Hotel Group is buying an 81 percent stake in budget hotel chain 7 Days from investors including the Carlyle Group and Sequoia Capital.
September 22, 2015 at 05:21 AM
1 minute read
The original version of this story was published on Global Lawyer News
*Updated 10/6: This story is updated with Fenwick & West’s role advising Plateno.
DLA Piper is advising state-controlled Shanghai Jinjiang International Hotel Group on a $1.3 billion acquisition of a majority stake in Chinese budget hotel chain 7 Days Group Holdings Ltd.
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