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O’Melveny Noted in Legal Week for Advising on IPO of ‘China's Craigslist’

October 31, 2013 On October 31, 2013, O’Melveny & Myers was noted in Legal Week for advising on 58.com’s US initial public offering.  According to the article, the online marketplace, hailed as China’s version of Craigslist, is hoping to raise up to US$165 million with the sale of 11 million shares priced US$13-$15 each.  Legal Week notes that partner David Roberts is leading the O’Melveny team advising the underwriters of the IPO, which include Morgan Stanley, Credit Suisse, and Citibank.

Roberts resides in O'Melveny's Beijing office and is a member of the Firm's Transactions Department.  His practice focuses on capital markets, mergers and acquisitions, private equity, and venture capital.