Debevoise & Plimpton LLP is advising J.P. Morgan Securities LLC as financial advisor to Wal-Mart Stores, Inc. (“Walmart”) in its acquisition of Jet.com, Inc. Walmart has agreed to acquire Jet for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction.

The Debevoise team is led by partner Andrew L. Bab and includes associate Danli Guo.

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