Simpson Thacher & Bartlett, Nishimura & Asahi, Mori Hamada & Matsumoto and Shiomizaka are advising on US private equity firm KKR’s takeover bid for publicly traded Japanese systems developer Fujisoft via a JPY558.3 billion (USD3.78 billion) tender offer.
The billion-dollar acquisition bid announced on 8 August will see the US private equity firm acquire all shares in Fujisoft, which is listed on the prime market of the Tokyo Stock Exchange, of more than 63.79 million at JPY8800 apiece via a tender offer planned to take place in mid-September this year.
Fujisoft said it had appointed Mori Hamada as its adviser, while a special committee set up by the same company’s board of directors to review the buyout offer had mandated Tokyo-based law firm Shiomizaka as its counsel. The Mori Hamada team is being led by partners Gaku Ishiwata, Kunihiro Watanabe and Koki Kanemura.
KKR has chosen Simpson Thacher and Nishimura & Asahi as its advisers on the takeover bid for Fujisoft. Simpson Thacher partners Noritaka Kumamoto and Jonathan Stradling are leading the team.
