Freshfields, Simpson Thacher line up for multibillion-dollar Alibaba IPO

Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett are understood to have taken much-coveted roles on the Hong Kong initial public offering (IPO) of Alibaba, China's largest e-commerce company. The potential listing, which has attracted much market interest, is set to be the biggest IPO since Facebook's high-profile listing last year.

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