Corporate/M&A: International
Global Guide 2024 : Japan
Band 4
Contact number
+81 3 6259 3500About
Provided by Ropes & Gray LLP
From leveraged buyouts, strategic M&A transactions and joint ventures, public offerings and capital markets issues to patent disputes, Ropes & Gray’s professionals in Tokyo are well-positioned to serve clients on their most important cross-border business issues. Our experience for clients with interests in Japan includes:
- Bain Capital Private Equity, in the leveraged tender offer for Kirindo, which valued the company at approximately $380 million.
- Bain Capital Private Equity, in the leveraged tender offer for Nichii Gakkan, which valued the company at approximately $1.2 billion.
- Kioxia Holdings Corporation, a world leader in memory products and solutions, in its acquisition of the SSD business, primarily located in Taiwan, from LITE-ON Technology Corporation.
- Bain Capital, as controlling consortium member, in connection with the approximately $18 billion (two trillion yen) acquisition and approximately $14 billion (1.5 trillion yen) acquisition and other financing for Toshiba Memory that was sold as a competitive auction. This transaction was awarded the 2018 “Japan Deal of the Year”, “M&A Deal of the Year” and the “Technology, Media & Telecommunications Deal of the Year” by the ALB, the “M&A deal of the year for North Asia” by the Asia Legal Awards, ranked as “One of the Top Global PE Deals of 2018” by Pitchbook, and received standout recognition for innovation in managing complexity and scale from Financial Times.
Chambers Review
Ropes & Gray is highly regarded for its sophisticated private equity capabilities and singled out for its prowess in cross-border transactions. The firm is skilled in restructuring companies prior to public listings. The team maintains a focus upon servicing work for its clientele of leading US private equity firms, most notably Bain Capital.
Work Highlights
- Ropes & Gray advised a consortium led by Bain Capital on its USD7.5 billion leveraged tender offer bid for Hitachi Metals.
Notable Practitioners
Tsuyoshi Imai remains highly active within the team advising international corporates and private equity clients on a variety of acquisitions, including leveraged buyouts and tender offers. He brings to bear two decades of experience advising on transactional mandates.