Nishimura, NO&T, AMT advise on $3.3 bln Lawson privatization bid
Nishimura & Asahi has advised Japanese telecommunication company KDDI on its 496.5 billion yen ($3.3 billion) offer to take convenience store chain Lawson private. Lawson is being represented by Anderson Mori & Tomotsune, with Nagashima Ohno & Tsunematsu guiding current shareholder Mitsubishi Corp.
Nishimura, AMT, Fangda advise on $274 mln Japan optics deal
Japanese law firm Nishimura & Asahi and PRC firm Fangda Partners have represented U.S. vision systems company Cognex on its $273.5 million deal to buy optical component producer Moritex Corporation from Chinese private equity firm Trustar Capital, which was advised by Anderson Mori & Tomotsune.
N&A, STB, AMT, Davis Polk advise on $750 mln Kokusai Electric IPO
Law firm Nishimura & Asahi has advised Japanese chip tool-maker Kokusai Electric on its proposed $750 million initial public offering on the Tokyo Stock Exchange. U.S. law firm Simpson Thacher & Bartlett is advising Kokusai’s majority stakeholder KKR, which will be provided a partial exit.
Japan’s Nishimura & Asahi to allow foreign lawyers to become equity partners
Nishimura & Asahi has become the second Japanese Big Four law firm to allow foreign lawyers to become full equity partners, as the country’s legal industry fights to compete with foreign law firms on cross-border deals in the world’s third-largest economy.
BRIEFS: Branding, Personnel, BD Challenges Await Japanese Firms Looking Overseas
Japanese law firms are now becoming a global force to be reckoned with. While most Big Four firms already have a strong presence in other Asian countries, including many locations within the ASEAN region, others are looking even further afield. Nishimura & Asahi, Japan’s largest law firm, already has offices in Germany and the U.S., while Anderson Mori & Tomotsune and Nagashima Ohno & Tsunematsu have outposts in London and New York, respectively.
N&A, Walalangi act for MUFG Bank on $467 mln purchase of Indo auto lender
Nishimura & Asahi and its Indonesian association firm Walalangi & Partners have represented Japan’s MUFG Bank on its proposed 7-trillion-rupiah ($467 million) acquisition of an 80.6 percent stake in automotive lender PT Mandala Multifinance Tbk.