Mergers & Acquisitions ·
111, Inc. appoints Houlihan Lokey and Kirkland & Ellis to advise Special Committee on strategic alternatives
YI111, Inc.
The special committee of independent directors at 111, Inc. has retained Houlihan Lokey China Limited as its independent financial advisor and Kirkland & Ellis as U.S. legal counsel. This appointment supports the review and evaluation of a preliminary, non-binding proposal letter dated September 16, 2026, as well as other potential strategic alternatives. The board cautioned that no decisions have been made regarding the proposal or any alternative options, with no assurance that a definitive offer will be received or consummated. 111, Inc. operates a technology-enabled healthcare platform in China, connecting consumers, pharmacies, and pharmaceutical companies through digitalization and artificial intelligence.