Simpson Thacher is representing a subsidiary of Temasek Holdings (Private) Limited (“Temasek”), in connection with its participation in a consortium led by CITIC Capital Partners to acquire AsiaInfo-Linkage Inc. (“AsiaInfo-Linkage”). AsiaInfo-Linkage has entered into a definitive merger agreement pursuant to which the consortium will acquire AsiaInfo-Linkage for $12.00 in cash per AsiaInfo-Linkage share of common stock. The transaction values AsiaInfo-Linkage at approximately $890 million.
AsiaInfo-Linkage is a leading provider of high-quality software solutions and IT services to the telecommunications industry. Headquartered in Beijing, it provides a full suite of business support system and operational support solutions and associated professional services. AsiaInfo-Linkage’s shares are listed on the NASDAQ Global Market (NASDAQ: ASIA).
The Simpson Thacher team includes Kathryn King Sudol and Stuart Orsak (M&A) and Rob Holo and Jonathan Talansky (Tax).
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