Debevoise Advises J.P. Morgan Securities as Financial Advisor to Walmart in Its Acquisition of for $3.3 Billion in Cash, Stock

8 August 2016

Debevoise & Plimpton LLP is advising J.P. Morgan Securities LLC as financial advisor to Wal-Mart Stores, Inc. (“Walmart”) in its acquisition of, 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.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.