MoFo News Item

MoFo Advises Walmart on US$225 Million Acquisition of LatinAm ecommerce Provider Cornershop

13 Sep 2018

Morrison & Foerster LLP is advising Walmart’s Global U.S. ecommerce division in its US$225 million acquisition of Cornershop, Inc., a leading online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile. For more information, please see Walmart’s press release here.

The MoFo team advising Walmart is led by Palo Alto corporate partner Mike Krigbaum and Palo Alto associate Jae Yoo, with assistance from Palo Alto associate Jim Ryan and San Francisco tax partner Bernie Pistillo. Chuck Comey provided senior support on the transaction.

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