Kirkland & Ellis is advising NetDragon Websoft Holdings Limited (HKSE: 777), a global leader in building internet communities, on the spin-off of its core overseas education business through its subsidiary, and the merger of its subsidiary with Gravitas Education Holdings, Inc. (NYSE: GEHI). The proposed transaction is expected to close by the end of the third quarter of 2023, subject to customary closing conditions.

The Kirkland team was led by transactional partner Joey Chau, with support from capital markets partners Steve Lin and Ryan Choi, transactional registered foreign lawyer Sherry Fu and associate Joyce Chiu.