news

 

DLA Piper, Covington & Burling and Nagashima Ohno & Tsunematsu are advising Japanese automotive chipmaker Renesas on its planned A$9.1 billion ($5.9 billion) acquisition of Australian electronics design firm Altium, which is being represented by King & Wood Mallesons and Reed Smith.

 

The acquisition is set to place Renesas at the forefront of dealmaking and investment in Japan's chip industry at a time when the government is making efforts to improve competitiveness and boost supply chain resilience against geopolitical shocks, Reuters reported.

The DLA Piper team is led by partners David Ryan and James Stewart, while the Covington & Burling team is headed by partners Mark Plotkin, Sam Karson and Brian Kim. Partner Miyuki Ishiguro leads the NO&T team.

The King & Wood Mallesons team is led by partners David Friedlander and Daniel Natale. Michael Lowell, chair of the global regulatory enforcement group at Reed Smith, is leading the team at that firm on the deal.

 

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

DLA brings back former practice head to co-chair Tokyo employment group

by Nimitt Dixit |

Lawrence Carter, who retired in 2022 as the head of DLA Piper’s employment practice in Tokyo, has rejoined the firm to co-chair the same practice group.

SG: K&L Gates poaches 2 corporate partners from DLA

K&L Gates Straits Law, the Singapore office of U.S. law firm K&L Gates, has strengthened its corporate capabilities in Singapore with the addition of partners David Kuo and Meraj Noor from rival DLA Piper.

Cleary, DLA advise on $1.1 bln Japan-Sweden pharma deal

Cleary Gottlieb Steen & Hamilton and Swedish law firm Gernandt & Danielsson Advokatbyrå are advising Japan’s Asahi Kasei on its $1.1 billion offer to buy Swedish drugmaker Calliditas Therapeutics, which is being counselled by DLA Piper.