“Pillar Legal represented Perfect World Co., Ltd (“Perfect World”), a leading videogame company in China, in connection with the sale of Perfect World Publishing B.V. and Perfect World North America Corporation (including its subsidiaries) to Embracer Group AB (“Embracer”) for US$60 million in cash and US$65 million in B shares of Embracer stock for a total purchase price of US$125 million.
Pillar Legal supported Perfect World in negotiating the main transaction documents, closing the deal in February 2022, and filing anti-trust documents with the U.S. Federal Trade Commission.
Partner Greg Pilarowski led the Pillar Legal team and was assisted by senior counsel Scott Wornow out of Pillar Legal’s Bay Area office and associates Charles Yu and Ziwei Zhu from Pillar Legal’s Shanghai office.”