Nishimura & Asahi has advised Japanese financial services corporation Orix on its 300-billion-yen ($2.1 billion) acquisition of cosmetics company DHC.
This will is said to be Orix's most expensive acquisition to date. Nikkei Asia reported that the company has stepped up its acquisitions of undervalued companies in recent years.
The Nishimura & Asahi team was led by partners Tatsuya Nakayama, Yasuo Tsukitome and Tetsushi Konda.
Global law firms Debevoise & Plimpton, Kirkland & Ellis and Herbert Smith Freehills are acting for Bermuda-based insurer Resolution Life on its $8.2 billion sale to Japan’s Nippon Life Insurance, the largest overseas acquisition by a Japanese insurer to date.
Global law firms Freshfields, Latham & Watkins, Kirkland & Ellis, Paul, Weiss, Rifkind, Wharton & Garrison and Cleary Gottlieb Steen & Hamilton have steered an offer to take the Hong Kong-listed ESR Group private in a deal valued at $7.1 billion.
Fangda Partners has advised the Hong Kong Airport Authority (HKAA) on its agreement to purchase a 35 percent stake in Zhuhai Airport for approximately $592 million, with King & Wood Mallesons representing the seller, Zhuhai Transportation.