Bona Film Group Limited, a leading distributor and vertically integrated film company in China, announced it has entered into a merger agreement with Mountain Tiger International Limited and its subsidiary, Mountain Tiger Limited, to be acquired for a cash consideration equal to $27.40 per ordinary share, or $13.70 per ADS. The transaction implies an enterprise value of Bona Film at approximately $1,001.3 million. The merger, which is currently expected to close during the second quarter of 2016, is subject to various closing conditions. If completed, the merger will result in Bona Film becoming a privately-held company and its ADSs will no longer be listed on NASDAQ. Upon consummation of the merger, Mountain Tiger International will be beneficially owned by Paul, Weiss client Tencent Holdings Limited, Uranus Connection, Alibaba Pictures, All Gain Ventures, Mr. Dong Yu, Fosun International, Sequioa Capital China and SAIF Partners.

The Paul, Weiss team included corporate partners Jeanette Chan and Steven Williams and counsel Paul Donnelly.